Hinckley & Rugby BS unveils variable mortgage | Product News - Moneyfacts

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Hinckley & Rugby BS unveils variable mortgage

Hinckley & Rugby BS unveils variable mortgage

Category: Mortgages
Date: 01/08/2013

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 It is now over 6 months old so the content may be out of date.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 launched a competitive variable-rate offset mortgage available to borrowers with deposits of 15% and over.

The basics…

This mortgage charges a rate of 3.49% for term and has a maximum loan-to-value of 85%.

The finer details….

A fee of £990 is payable, £295 of which must be paid upfront.

A free valuation is offered to all borrowers on properties valued up to £1 million, whilst remortgage customers will also receive free legal fees.

Overpayments can also be made.

Why we like it….

Available directly or via intermediaries, this mortgage should appeal to borrowers who are keen to offset their savings against their mortgage. Four out of five Moneyfacts Stars have been awarded.

What next?

Compare discounted rate mortgages
Compare variable and tracker rate mortgages
How much can you borrow calculator

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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