Hinckley & Rugby for Intermediaries raises lending into retirement loan-to-value to 80%

12 May 2026

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 nonstandard 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
Non-family and friends joint borrower sole proprietor (JBSP) mortgages
Skilled worker visa applicants

Laura Sneddon, Head of Sales & Distribution at Hinckley & Rugby, 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.”

To learn more, visit https://intermediaries.hrbs.co.uk/

1 - https://www.ukfinance.org.uk/data-and-research/data/mortgages/later-life-lending