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Hinckley & Rugby BS sports new mortgage

Hinckley & Rugby BS sports new mortgage

Category: Mortgages

Updated: 20/10/2010
First Published: 20/10/2010

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 been a good sport and extended its range of market leading term discounted mortgage products.

The introduction of a deal for borrowers with a 25% deposit (75% loan to value) is extremely welcome.

It has a rate of 3.99%, a 2.25% discount off the lender's standard variable rate, and has a fee of £795.

Borrowers will also benefit from the incentive of a free valuation, while remortgage customers can also claim free legal fees.

The product can be offset against a savings account and there is also the option of reducing the term of the mortgage by using the flexible facility.

A terrific all round deal, 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 Any products featured may be withdrawn by their provider or changed at any time.

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