This latest rate cut follows interest rate reductions last week on the Society’s 2-year discount and 2-year fixed rate mortgages.
Chris White, Hinckley & Rugby's chief executive, said: “We are pleased to have made our fee-free mortgage even more keenly priced. The Bank of England’s Funding for Lending Scheme is enabling us to cut interest rates to very attractive levels.”
The mortgage continues to have no arrangement fee, completion fee or early repayment charge.
