Hinckley & Rugby announce rate cuts to exclusive five-year fix

Hinckley & Rugby Building Society has announced today that it has cut the interest rate on a five-year fixed rate product that's exclusive to its Privileged Partners group of mortgage brokers.

Related topics:  Finance
Warren Lewis
10th May 2016
Mortgage Rates

Privileged Partners are seeing the five-year fixed rate mortgage for up to 90% LTV cut to 3.05%.

The Privileged Partners networks are Connells/Sequence, Intrinsic/Positive Solutions, John Charcol, London & Country, Mortgage Advice Bureau, Sesame, SimplyBiz and Which? Mortgage Advisers.

Privileged Partners’ benefits include increased procuration fees, semi-exclusive access to some of the Society’s most competitive rates, BDM support and guaranteed notice of product withdrawal.

Hinckley & Rugby head of intermediary sales Carolyn Thornley-Yates said: “Five year fixes remain very popular with buyers seeking long-term certainty about their repayments. This rate cut sharpens the competitive edge of a key product for our Privileged Partners.”

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