Hinckley & Rugby refreshes range

The building society has slashed the rate of its 85% LTV 2-year discount rate from 2.79% to 2.45% and its 90% LTV 2-year discount rate from 3.45% to 2.79%.

All three mortgages charge a £199 arrangement fee and £800 completion fee, while they offer a free valuation up to £1m and no early repayment charges.

Chris White, chief executive of Hinckley & Rugby, said: “We’re constantly looking to offer great deals to customers, and their brokers, so we’ve sharpened the rates on these key discount mortgages and added a very attractive lifetime discount.”