Hinckley & Rugby BS reduces buy-to-let rate - Buy To Let - News | moneyfacts.co.uk


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Hinckley & Rugby BS reduces buy-to-let rate

Hinckley & Rugby BS reduces buy-to-let rate

Category: Buy To Let

Updated: 04/03/2013
First Published: 04/03/2013

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 It is now over 6 months old so the content may be out of date.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 cut the rate on its discounted variable rate buy-to-let mortgage deal, pushing it to the top of the best buy tables.

The basics…

This deal offers a rate of 3.24% for two years (2.40% discount) and has a maximum loan-to-value of 60%.

The finer details….

Investors can borrow between £50,000 and £300,000 and overpayments can be made.

A combined fee of £1,249 is payable, of which £250 must be paid upfront.

Why we like it….

This highly competitive mortgage has raced to the top of the variable buy-to-let chart due to its new rate and has been awarded four out of five Moneyfacts Stars.

What next?

Speak to a BTL mortgage adviser
Compare BTL mortgages for new landlords

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 Any products featured may be withdrawn by their provider or changed at any time.