Hinckley & Rugby boosts loan sizes

The Hinckley will now be offering loans of up to £275,000 for up to 90% LTV and £300,000 for up to 85% LTV. The mutual has also increased the limits on its 75% and 70% LTVs by £100,000 to £400,000 and £450,000 respectively.

Carolyn Thornley-Yates, business development manager at Hinckley & Rugby, said: "By raising the advance limits at several value thresholds we hope many more customers will be able to access our great mortgage products and outstanding customer service.”

The new limits are available either directly through the society or through intermediaries and may be used for both purchases and remortgages.