The fix is available up to 80% loan to value and the fixed rate period has been extended until October 31 2018.
Chris White, chief executive at Hinckley & Rugby, said: “We have been making our mortgages even more attractive to borrowers in recent days – including discounts, trackers and more.
“This reduced rate makes our 5-year fix a great deal for those looking for long-term certainty about their repayments.”
The fix has an arrangement fee of £195, a completion fee of £695 and is available for purchases and remortgages.