H&R relaunches lifetime discounts

The building society has also re-launched a lifetime discount mortgage at 2.35% below its SVR available at up to 75% LTV.

Both mortgages are available with an offset option and require arrangement fees of £195 at 75% and £395 at 85% LTV. Both mortgages have a completion fee of £695.

Chris White, chief executive at Hinckley & Rugby, said: “Lifetime discount mortgages are enduringly popular and the return of these 75% and 85% LTV mortgages will particularly appeal to buyers with those levels of deposit.”