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Hinckley & Rugby BS delivers discount mortgage

Hinckley & Rugby BS delivers discount mortgage

Category: Mortgages

Updated: 24/09/2010
First Published: 24/09/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Hinckley & Rugby BS has launched a new two year discount mortgage that should have buyers with a 10% deposit licking their lips.

The New Discounted Variable Rate Mortgage offers a discounted rate of 4.59% (1.05% discount) for two years, a maximum loan-to-value of 90% with a fee of £1,090.

Free valuation or free legal fees for those remortgaging add to the appeal.

As the only discounted two year mortgage in the 90% sector, the product holds a somewhat distinguished position and compares favourably against similar products.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.