Hinckley and Rugby launches fee-free mortgage for savers

There is no arrangement, completion or exit fees and no early repayment charge. The property assessment is free if the property value is less than £1m.

The scheme is also available as an offset mortgage.

Chris White, chief executive at Hinckley & Rugby, said: “This is a fantastic fee-free mortgage which seeks to reward existing savers with the society. The benefits are numerous and varied. We expect it to be very popular.”