Their 95% LTV two year discount mortgage has been cut from 4.45% to 3.85%, a 90% LTV two year discount is down from 2.79% to 2.45% and the two year fix at up to 90% LTV has been cut from 3.29% to 2.95%.
Hinckley & Rugby chief executive Chris White said:
“Higher LTVs are very much sought after, particularly by first time buyers. So these three rate cuts should be welcomed by buyers across England and Wales and by their brokers.”