Hinckley & Rugby Building Society has launched an attractive discounted variable mortgage, offering borrowers the opportunity to offset their mortgage against their savings pot.
This deal offers a rate of 3.49% for term (2.15% discount and collared at 3.49%) and has a maximum loan-to-value of 75%.
The finer details….
Purchase and remortgage customers can borrow between £50,000 and £300,000.
This deal has no arrangement fee. Free valuation fees for properties valued up to £1 million and free legal fees are offered to those remortgaging.
Borrowers can also take advantage of the flexibility to make overpayments, underpayments and take payment holidays if they wish.
Why we like it…
This discounted mortgage offers a highly competitive rate combined with flexible features and an offset facility. As a result this deal has been awarded five out of five Moneyfacts stars.
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