Hinckley & Rugby cuts high LTV fixes

Mortgage Introducer

September 2, 2015

For both mortgages the 2-year fix period is followed by three years at 3.99%, a 1.65% discount from the society’s standard variable rate. After that the mortgages will revert to the SVR.

The products have no early repayment charge, while the £199 arrangement fee and £800 completion fees are unchanged.

Chris White, Hinckley & Rugby chief executive, said: “These are very attractive reduced rates that offer customers the certainty of a fix followed by the value of a discounted rate.”

Hinckley & Rugby have notified brokers that they can contact underwriting decision makers to discuss individual circumstances.

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