The mortgage is available at up to 85% loan to value and has a £295 application fee and £695 completion fee. The product will be available to all Mortgage Intelligence ARs & Next Intelligence DA members.
Carolyn Thornley-Yates, business development manager at Hinckley & Rugby, said: “This is a keenly-priced mortgage at up to 85% LTV which we expect to be very popular with the advisers and their customers.”
Sally Laker, managing director of Mortgage Intelligence, said: “We are delighted to team up with Hinckley & Rugby with this very attractive exclusive product for our members.
“No early repayment charges at 85% LTV makes this discounted rate a strong product to consider.”