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. 

Hinckley & Rugby Building Society product/criteria notification

We are pleased to say that the Society has relaunched its joint borrower sole proprietor products, allowing JBSP to 90% LTV. Previous JBSP was limited to 80%.

Hinckley & Rugby Building Society has reintroduced its popular niche joint borrower sole proprietor (JBSP) mortgage at 90 per cent loan to value (LTV). The product lets older people put their name on a mortgage to help younger borrowers who cannot afford the total loan based on income and/or circumstances. The society also offers reverse joint borrower sole proprietor mortgages, which allow younger people to support older buyers who are retired or close to retiring.

Please can you update your teams to make them aware of the change.

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