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.
Introducing two new 95% LTV products
We think you’ll be pleased to hear that we have returned to the higher LTV market, making your clients’ dreams of buying their first home more affordable.
New products
To support those customers with smaller deposits, we have widened our product offering.
Launching on 17 May are:
Residential 95% LTV
- 2 Year Fixed 3.69%
- 5 Year Fixed 3.89%
Expanding the criteria of our sub 1% product
We have an important update for you regarding our 2 year discount mortgage at 0.99%. We have reduced its fees to £699 and have expanded the criteria to support borrowers looking to take their rate below 1% in the current market.
The product is now available:
- Up to 65% LTV
- With a minimum loan size of £100,000
- For house purchases and remortgages
It remains available only on a Capital and Interest repayment basis and to employed applicants (self-employed borrowers are not included).