Hinckley slashes rates

Ryan Fowler

December 12, 2014

The 95% LTV 2-year discount mortgage has seen its rate cut from 4.45% to 3.85%.

Another 2-year discount, at up to 90% LTV, is down from 2.79% to 2.45%.

And the 2-year fix at up to 90% LTV has been cut from 3.29% to 2.95%.

All other terms remain the same. The application fee is £199 and the completion fee is £800. There are no ERCs. And the HLC is paid by the Society.

Hinckley & Rugby chief executive Chris White said: “Higher LTVs are very much sought after, particularly by first time buyers. So these three rate cuts should be welcomed by buyers across England and Wales and by their brokers.”

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