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.
PRODUCT UPDATE: Standard 2 Year Fixed rate has been reduced to 4.84%
We have reduced the rate on our 2 Year Fixed from 4.99% to 4.84% (90% LTV) and launched a new Buy to Let product.
We have reduced the rate on our Standard 2 Year Fixed to 4.84% – ideal for borrowers with a smaller deposit looking to fix their rates in the fluctuating market.
New product launch – our new Buy to Let (BTL) 2 Year Discount is ideal for inexperienced or first time landlords with a higher LTV of 75%.
Explore the details below and if you have any questions, get in touch with our team!
Standard 2 Year Fixed 4.84% (90% LTV)
Our 2 Year Fixed is a residential mortgage product suitable for those who would like the security of a fixed mortgage in a fluctuating market. At 90% LTV, the 2 Year Fixed is ideal for borrowers with a smaller deposit at a competitive market rate.
Standard 2 Year Fixed 4.84%, £999 Fee, Free Valuation under £1M (90% LTV)
BTL 2 Year Discount (75% LTV)
Our BTL 2 Year Discount is a BTL mortgage product that is great for borrowers who have a smaller deposit, including first time landlords or those looking to expand their portfolio. The 2 Year Discount allows inexperienced or first time landlords, for example those who have inherited a property, to access a higher LTV of 75%.
2 Year Discount 4.04% off Standard Variable Rate, £1,249 Fee, Valuation Fee Applicable (75% LTV)