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Hinckley & Rugby tops discounted mortgage chart

Hinckley & Rugby tops discounted mortgage chart

Category: Mortgages
Author: Lieke Braadbaart
Date: 05/02/2018

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 It is now over 6 months old so the content may be out of date.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 BS has reduced the rate on its discounted variable rate mortgage by 0.25%, as a result of which it now offers the lowest rate for its terms, thereby easily taking the number one spot in the relevant Best Buy chart and earning our highest rating.

The basics…

This mortgage is now priced at 1.95% (3.94% disc) for the remaining term of the mortgage, at 80% loan-to-value. It comes with a fee of £999.

The finer details…

The deal is offered to all borrowers with the necessary deposit. It comes with an incentive package that includes a free valuation and for remortgagors free legal fees, as well as the option to make overpayments and underpayments, and to take payment holidays, provided certain conditions are met.

Why we like it…

Due to its market-leading rate this mortgage has easily earned its top place in the Best Buys, as well as our highest rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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