Hinckley & Rugby Building Society has reduced its discounted variable offset mortgage rate by 0.30%, asserting its position in the mortgage best buy tables.
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.
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.
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
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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 Any products featured may be withdrawn by their provider or changed at any time.
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