Hinckley & Rugby cuts 5-year fix to 3.05%

Ryan Bembridge

May 9, 2016

Hinckley & Rugby Building Society has cut its 5-year fixed rate mortgage to 3.05% to 90% loan-to-value.

The offer will extend to the society’s ‘Privileged Partners’ –  Connells/Sequence, Intrinsic/Positive Solutions, John Charcol, London & Country, Mortgage Advice Bureau, Sesame, SimplyBiz and Which? Mortgage Advisers.

Carolyn Thornley-Yates, head of intermediary sales at Hinckley & Rugby, said: “5-year fixes remain very popular with buyers seeking long-term certainty about their repayments.

“This rate cut sharpens the competitive edge of a key product for our Privileged Partners.”

The mortgage has an application fee of £199 and a completion fee of £800, while valuations are free for properties worth up to £1m.

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