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.
Important news regarding our products
Increases to mortgage swap rates in recent days, and therefore the cost to lenders of providing fixed rate mortgages, has meant that Hinckley & Rugby are having to temporarily withdraw all 5-year-fixed rate products. We are looking to re-price these as soon as possible to minimise the impact on intermediaries and their clients.
The following products will be withdrawn from 5pm on 10 June 2022:
Buy to Let
BTL Joint Borrower Sole Proprietor
JBBF9 – 5 Year Fixed Rate (75% LTV), 3.44%
BTL Non-Owner Occupier
BTN12 – 5 Year Fixed Rate (75% LTV), 3.44%
BTL Later Life
LLBF9 – 5 Year Fixed Rate (75% LTV), 3.44%
Residential
Standard
F210 – 5 Year Fixed Rate (65% LTV), 2.95%
F211 – 5 Year Fixed Rate (85% LTV), 3.08%
F212 – 5 Year Fixed Rate (90% LTV), 3.18%
F213 – 5 Year Fixed Rate (95% LTV), 3.35%
Tailored Approach
TF1 – 5 Year Fixed Rate (80% LTV), 3.85%
Later Life
LLF6 – 5 Year Fixed Rate (70% LTV), 3.49%
Medical Professional
MPF4 – 5 Year Fixed Rate (90% LTV), 3.69%
Professional
F214 – 5 Year Fixed Rate (80% LTV), 3.30%
F215 – 5 Year Fixed Rate (90% LTV), 3.47%
Joint Borrower Sole Proprietor
F216 – 5 Year Fixed Rate (80% LTV), 3.30% LTV
JRF13 – 5 Year Fixed Rate (90% LTV), 3.47% LTV
JRF10 – 5 Year Fixed Rate (95% LTV), 3.79% LTV
Complex Income
CIF1 – 5 Year Fixed Rate (80% LTV), 3.49%
Visit our website for more details on our products.