The following products are affected:
- 75% LTV BTL scheme
The rate will decrease from 4.19% to 3.99%
- 90% LTV core 2 year discount
The rate will decrease from 4.64% to 4.24%
- 80% LTV 2 year discount
The rate will decrease from 3.24% to 3.15%
- 80% LTV 5 year fix
The rate will decrease from 3.99% to 3.79%
Carolyn Thornley-Yates, Business Development Manager at HRBS, said:
"Hinckley & Rugby has enjoyed a very successful 2012 and ends the year with a healthy pipeline of mortgage business. We wish to continue that success story into 2013 and have reduced the rates on some of our most popular mortgage products to ensure they remain competitive."