Brilliant Solutions

Hinckley & Rugby Update

Hinckley and Rugby Building Society has updated its product and criteria, the details are below.  These products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business. 

Flex Together: Boost your client’s affordability with enhanced JBSP

Following our BIG spring product refresh last week, we’ve got one more late arrival for you to feast your eyes over.

Flex Together (JBSP) – 2 Year Discount 5.99% variable (2.05% off Homeowner Variable Rate) – 90% LTV – JHD3

Click below to explore Flex Together JBSP criteria and our latest product update.

View Flex Together Criteria

Latest product update

What is Flex Together?

Earlier this year we launched Flex Together, our Joint Borrower Sole Proprietor mortgage but better! This has been designed for first and next time buyers who are struggling with affordability. Flex Together JBSP is an income booster mortgage.

  • It allows up to four borrowers on a joint mortgage application to help boost affordability, and that includes family members AND FRIENDS!
  • We calculate affordability based on an income multiple of x4.49 for the two highest earners and x1 for any additional applicants. We will consider higher income multiples for additional applicants, please refer these requests to our team.
  • You can add Tailored Term! This enables different applicants to share the mortgage over different timescales, removing the term limitations faced when applicants have a significant age gap.

Learn more about how our Flex Together JBSP mortgages can support clients wishing to take their first/next step on the property ladder, or speak to our team. We’re always here to support you and your clients.

 

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