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Monday, February 06, 2012

New 2 year discount at 3.25%

Hinckley & Rugby Building Society has launched a new buy-to-let mortgage -  a 3.25% 2 year discount up to 60% LTV with a flat fee, free valuation and no early repayment charge availiable through Property Hawk Mortgages.

Andy Young at Property Hawk Mortgages says: “We are delighted to offer this great new exclusive product with Hinckley & Rugby, which is an extremely competitive buy-to-let mortgage in the 60% LTV bracket. The low initial rate and flat fees should make this product very attractive to landlord clients looking to purchase or remortgage rental properties. The product also has a free valuation and no early repayment charges, thereby reducing upfront costs and making remortgaging in the future straightforward.”

Gill Vernau at Hinckley & Rugby Building Society says: “Hinckley & Rugby is currently looking to increase business for loans up to 60% LTV and this product has been specifically designed to meet the needs of landlords with higher deposits. We anticipate this being a popular product that will drive good levels of new applications.”

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