Hinckley & Rugby Building Society launches pair of great fixes
Hinckley & Rugby Building Society has launched two great new fixed rate mortgages – a five-year fix at just 3.39 per cent and a two-year fix at an attractive 2.59 per cent.
Hinckley & Rugby chief executive Chris White said: “We are expecting a lot of interest in these very attractive rates from borrowers and those remortgaging who want the reassurance of a low-priced fix.
“At a fixed interest rate of just 3.39 per cent this is a winning combination for many in the market today, who want to be able to plan their repayments for five years with certainty.”
Both fixes have maximum loan-to-value (LTV) of 75 per cent and a maximum loan of £300,000. There is a free property assessment where the value is £1 million or less.
The two-year fix has an arrangement fee of £295 and a completion fee of £695. The overall cost for comparison is 5.2 per cent APR.
The five-year fix has an arrangement fee of £100 and a completion fee of £695. The overall cost for comparison is 4.7 per cent APR. Both have early repayment charges during the fixed-rate periods but overpayments of up to 10 per cent per year may be made without incurring this charge.
For full details see www.hrbs.co.uk or call 0800 434 6343.
Find out more about Hinckley and Rugby Building Society by viewing their feature on thebestof Rugby.
