The Society has also made a series of rate reductions across its core purchase range.
The Society has also made a series of rate reductions across its core purchase range.
Interest-only mortgage stock has reduced by 81% in number and 65% in value since 2012.
The lender says the move to relaunch interest-only fixed rate mortgages will support homebuyers and homeowners facing rising living costs.
The lender has launched a new 55% LTV buy-to-let product and enhanced interest-only flexibility for residential borrowers.
The lender has removed the minimum equity requirement and raised the maximum LTV.
Cuts apply across the lender's core and interest-only ranges.
Hodge says the extended criteria will help borrowers maximise their affordability.
The lender has announced a series of enhancements to its interest-only offering with higher LTVs and expanded repayment options.
Clydesdale Bank has announced a series of significant improvements to its interest-only lending policy, including higher loan-to-value (LTV) limits and a refreshed affordability...
Reduced rates start from 3.99%.
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