The five year fixed rate mortgage now runs until April 30 2018, after which it reverts to the Society’s Standard Variable Rate, currently 5.64 per cent. The overall cost for comparison is 4.7 per cent APR.
The fees remain unchanged. There is an arrangement fee of £195 and a completion fee of £695. There are free valuations for property values up to £1 million.
Hinckley & Rugby chief executive Chris White said:
“Buyers looking for the certainty of a long fix are now able to get a very attractive rate which runs until 2018.”
