The Lifetime Discount is now 4.24% and the 2-year Discount is 4.19%.
Chris White, chief executive at Hinckley & Rugby, said: “These interest rate cuts make our discount mortgages even more competitive. We hope first-time buyers will find them to be especially attractive and enable them to own their own home.”
The Lifetime Discount is 4.24%, a 1.4% discount off the Standard Variable Rate. The 2-year Discount is 4.19%, a 1.45% discount off the Standard Variable Rate.
Both mortgages have a £395 arrangement fee and £695 completion fee. The valuation is free on properties under £1m.
