Hinckley & Rugby relaunch its 5 year fixed rate mortgage.
The Hinckley & Rugby BS has announced that it is reintroducing a 5 year fixed rate mortgage to its range.
The lender previously withdrew its 5 year fixed rate mortgage products in December, but advises it has decided to re-introduce a new deal because of an increase in demand for fixed rate products. Interest rate uncertainty has led many home-owners to want to lock into a fixed term for security against a rate rise.
For those looking for a fixed rate mortgage H&R are offering a rate of 3.55% for 80% LTV. Fees have been set at £990, a free valuation is on offer and there is no early repayment charge.
If you are looking for added mortgage security then a 5 year fix could be the way to go.
To review the best deals on offer for your deposit level call and speak to an adviser at Deal Direct. We are an independent 'whole of market' broker with access to the lowest mortgage rates.
We will search the entire UK market to come up with a low rate mortgage tailored to your circumstances.
Call 0800 633 5730 for the best 5 year fixed rates.
