Hinckley & Rugby chief executive Chris White 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 per cent, a 1.4 per cent discount off the Standard Variable Rate (APR 4.4 per cent). The Two Year Discount is 4.19 per cent, a 1.45 per cent discount off the Standard Variable Rate (APR 5.5 per cent)
Both mortgages have a £395 arrangement fee and £695 completion fee. The valuation is free on properties under £1 million.
For full details see www.hrbs.co.uk or call 0800 434 6343.