Hinckley & Rugby BS storms market with 5-star rate | Product News - Moneyfacts

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Hinckley & Rugby BS storms market with 5-star rate

Hinckley & Rugby BS storms market with 5-star rate

Category: Mortgages
Date: 14/05/2013

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 It is now over 6 months old so the content may be out of date.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 Building Society has reduced its discounted variable offset mortgage rate by 0.30%, asserting its position in the mortgage best buy tables.

The basics…

This mortgage now offers a highly competitive variable rate of 3.19% for term (1.85% discount) to applicants with deposits of 20% and over.

The finer details….

A minimum of £50,000 can be borrowed by purchase and remortgage customers.

This deal has no arrangement fee and offers all borrowers free valuation fees on properties valued up to £1 million. Remortgage customers will also receive free legal fees.

This product's appeal is heightened further by the fact that borrowers can offset their mortgage against their savings pot. A host of flexible repayment features, including the options to make overpayments and under payments, as well as take payment holidays are also offered.

Why we like it….

Borrowers looking for a good all-round mortgage deal shouldn't be disappointed with this revamped offset product. Combining a best buy rate with no fee, generous incentives

What next?

Compare discounted rate mortgages
Compare variable and tracker rate mortgages
Search all mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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