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Hinckley & Rugby extends discount mortgage range

Hinckley & Rugby extends discount mortgage range

Category: Mortgages

Updated: 06/07/2010
First Published: 06/07/2010

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 It is now over 6 months old so the content may be out of date.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 extended its range of discounted mortgages.

A number of new variable rates have been added to the building society's portfolio.

The pick of the new crop is a deal that offers 4.64% for term (1.00% discount).

The product also has an offset option, a maximum loan-to-value of 90% and a fee of £795. Incentives of free valuation and free legal fees for remortgages are included.

There are only five discounted products for term currently available, with the highest loan-to-value set at 80%, so this product, along with its 85% version, will be unique to the market.

Borrowers will also be attracted to the relatively low fee of £795 and the incentive package on offer.

The full quota of five out of five Moneyfacts stars has been awarded.

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