Hinckley & Rugby for Intermediaries has increased the maximum loan-to-value (LTV) for lending into retirement from 75% to 80% for residential borrowers, enhancing the options available to brokers supporting older clients with later‑life borrowing needs. All products are available up to a maximum borrower age of 85.
The move reflects continued growth in later‑life lending. According to UK Finance, 41,100 new loans were advanced to older borrowers in Q4 2025, representing a 15.1% increase year on year, with the total value of lending at £6.8 billion (up 20.5% compared with the same quarter a year previously)1. Hinckley & Rugby for Intermediaries is responding to this trend by widening access to residential finance for this demographic.
Greater flexibility for complex cases
This LTV increase sits within Hinckley & Rugby’s broader commitment to manual underwriting. With no automated credit scoring, each application is assessed individually by an experienced underwriter. This means brokers can present more complex or non-standard cases with confidence, knowing they will receive a considered, human decision rather than an algorithm-driven decline.
This update complements the Society’s established specialist proposition, which already supports:
- Complex and non-standard income
- Self-employed borrowers
- First-time buyers and first-time landlords
- Joint borrower sole proprietor (JBSP) mortgages
- Skilled Worker visa applicants
Laura Sneddon, our Head of Sales & Distribution, said:
“Demand for lending into later life is growing significantly, and raising our maximum LTV to 80% is a direct response to that. Whether a client is purchasing, remortgaging, or restructuring their finances, we want intermediaries to know that Hinckley & Rugby will genuinely consider their case on its individual merits, and this is just one of a series of steps we are taking to ensure our criteria is supporting underserved borrowers.”
View our Core Residential criteria and product range by clicking below.
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Please note product details and criteria are correct at launch and are subject to change.
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