Hinckley & Rugby cuts higher-LTV rates

Hinckley & Rugby Building Society has cut the interest rates on four mortgages - two discounts and two fixed rate products.

Related topics:  Mortgages
Rozi Jones
8th January 2016
hinckley rugby bs building society H&R

The two-year discount mortgage at up to 85% LTV has had its rate cut from 1.89% to 1.65%, while the 90% LTV has seen its rate cut from 2.19% to 2.09%.

The two-year fixed rate mortgage at 85% LTV has been cut from 2.49% to 2.29%. For the Society’s fixed rate mortgage at up to 90% LTV the rate has been reduced from 2.59% to 2.35%.

All residential mortgages submitted during January 2016 also come with £150 cashback.

Hinckley & Rugby head of intermediary sales, Carolyn Thornley-Yates, said:

“These new mortgages are priced to be ultra-competitive and we hope the £150 cashback offer will make them even more popular. All our mortgages are backed by our outstanding service levels and manual underwriting decisions.”

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