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 information regarding changes to our products
From Wednesday 18th May, Hinckley & Rugby Building Society are making the following changes across its product range:
Residential Core
Products to be Launched:
- 2 Year Fixed 2.92% up to 65% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 5 Year Fixed 2.95% up to 65% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
- 5 Year Fixed 3.18% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
Changes in Rate:
- 2 Year Discount 1.95% up to 80% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.05% up to 85% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.18% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.35% up to 95% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.08% up to 85% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
- 5 Year Fixed 3.35% up to 95% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
Products to be Withdrawn:
- 2 Year Discount 1.60% up to 65% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Discount 1.95% up to 85% LTV, £199 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Discount 2.20% up to 90% LTV, £199 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
Residential JBSP
Changes in Rate:
- 2 Year Fixed 3.24% up to 80% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.47% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.64% up to 95% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.30% up to 80% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
- 5 Year Fixed 3.47% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
Residential Guarantor
Products to be Withdrawn:
- 2 Year Discount 2.90% up to 90% LTV, £199 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 2.90% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.25% up to 90% LTV, £199 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
Residential Later Life
Products to be Launched:
- 5 Year Fixed 3.49% up to 70% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
Products to be Withdrawn:
- 2 Year Fixed 2.45% up to 70% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
Residential Medical Professionals
Products to be Withdrawn:
- 2 Year Fixed 2.59% up to 80% LTV, £999 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 2.99% up to 80% LTV, £999 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
Residential Professionals
Changes in Rate:
- 2 Year Fixed 3.24% up to 80% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 2 Year Fixed 3.47% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.30% up to 80% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
- 5 Year Fixed 3.47% up to 90% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1%
BTL Core
Products to be Launched:
- 2 Year Fixed 2.74% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2 Changes in Rate
- 5 Year Fixed 2.90% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
Products to be Withdrawn:
- 2 Year Fixed 2.10% up to 60% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 2.50% up to 60% LTV, £1,249 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
BTL Large Loan
Products to be Withdrawn:
- 2 Year Discount 1.60% up to 60% LTV, £1,499 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 2 Year Fixed 2.30% up to 60% LTV, £1,499 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 2.40% up to 60% LTV, £1,499 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
BTL JBSP
Changes in Rate:
- 2 Year Fixed 3.27% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.44% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
BTL Later Life
Changes in Rate:
- 2 Year Fixed 3.27% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.44% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
BTL Non-Owner
Changes in Rate:
- 2 Year Fixed 3.27% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
- 5 Year Fixed 3.44% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 5/4/3/2/1%
BTL Top Slicing
Changes in Rate:
- 2 Year Fixed 3.27% up to 75% LTV, £1,249 Fees with Valuation fee payable, ERCs 2% Years 1 & 2
Visit our website for more details on our products.