Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

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. 

Are your BTL clients looking for larger loans?

We wanted you to be the first to know about our Buy to Let (BTL) larger loan mortgages, launching today, 24 November 2021.

In addition, our maximum loan sizes have changed, as well as our Loan to Income (LTI) multiple for our standard products.

Read on to find out how your clients can benefit from our updates.

Larger loans for your experienced landlord clients

Designed to help your clients who are looking to purchase or remortgage, our BTL larger loan mortgages are available from today and enable landlords to borrow up to £1 million to a maximum Loan to Value (LTV) of 60%.  

Products include: 

  • 2-year discount at 1.39% with £1,499 fees 
  • 2-year fixed at 1.75% with £1,499 fees 
  • 5-year fixed at 2.05% with £1,499 fees 

Restricted criteria apply on these products: 

  • Not available to first time landlords 
  • BTL non-owners not accepted 
  • Properties must be self supporting (no top slicing) 
  • Minimum income must be £40,000 
Increased maximum loan sizes on core products and an enhanced LTI multiple

We’re pleased to say your clients can now benefit from higher maximum loan sizes on our core mortgages – enabling them to borrow up to £1 million with our residential range.  

The Society has also removed tapering of loan amounts up to 75% LTV for BTL customers, and we now offer, as standard, a maximum loan of £500,000 to 75% LTV.  

Across both ranges, we have enhanced our maximum LTI to x4.49.

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