The fixed rate period has been extended and will apply until October 31 2018. All other terms are unchanged. The mortgage is available for purchases and remortgages and there is a free property assessment where the price of the property is £1 million or less.
The five year fix is available at up to 80% LTV. The arrangement fee is £195, completion fee £695, and like all Hinckley & Rugby residential mortgages, there are no early repayment charges. The overall cost for comparison is 4.6%.
Hinckley & Rugby chief executive Chris White said:
“We have been making our mortgages even more attractive to borrowers in recent days – including discounts, trackers and more. This reduced rate makes our five year fix a great deal for those looking for long-term certainty about their repayments.”
