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.
Getting the balance right on remortgaging
As economic uncertainty lingers, more borrowers are facing tough decisions as their fixed-rate mortgage deals come to an end.
Do they lock in a longer-term fix for security, or hold out for future rate cuts with a tracker or shorter-term deal?
In my latest blog, I explore the current landscape – from rising costs and slower-than-expected rate reductions to borrower concerns over long-term commitments and early repayment charges (ERCs).
At H&R for Intermediaries, we understand the need for a middle ground. That’s why we offer flexible, ERC-free variable rate remortgages – designed to give your clients control, without penalties, during market uncertainty.
Plus, with our adoption of PEXA’s technology – delivered by Optima Legal – we’re making the remortgage process smoother and faster for you and your clients.
Take a moment to read my blog and see how our approach is helping brokers support borrowers through these uncertain times.