Hinckley and Rugby Building Society 95% Mortgage is the perfect solution for first time buyers
Get on the housing ladder and away from the expensive rental market with this excellent Hinckley and Rugby Building Society 95% Mortgage. That’s right all you need is a 5% deposit and Hinckley and Rugby Building Society will lend the rest. What’s more the product comes complete with a ‘free’ basic valuation so that’s one less cost to worry about. Plus there are also no main early repayment charges.
[ezcol_1fifth]Initial Rate: 4.45%[/ezcol_1fifth] [ezcol_1fifth]Subsequent:5.64%[/ezcol_1fifth] [ezcol_3fifth_end]The overall cost for comparison is 5.6%[/ezcol_3fifth_end]
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[/ezcol_2fifth] [ezcol_3fifth_end]APR The actual rate available will depend upon your circumstances. Ask for a personalised illustration.[/ezcol_3fifth_end]
- Features: Inccludes a 1.19% discount off the lender’s standard variable rate for 2 years.
- Minimum deposit / equity: 5%
- Valuation fee: FREE
- Other main lender fees: £199 arrangement fee. £800 booking fee.
- Early repayment charges: No main charges
MY COMMENTS: This product provides the perfect stepping stone either to move on up to another property or remortgage when your property has risen in value: as there are no main early repayment charges.
For more information on The Hinckley and Rugby Building Society 95% Mortgage please complete the enquiry form on this page or call us on 020 7993 2044.
Important Information
Rates current as at 22/9/14 . The overall cost for comparison is based on a property value of £250,000 over a 25 year term. Repayment for Residential and Interest only for Buy-to-let. Eligibility will depend on your own personal circumstances.
Your Home is at Risk if you do not keep up with your mortgage repayments.
Author: Payam Azadi
Payam Azadi is a partner at Niche Advice who are whole of the market Independent Mortgage Brokers. His role is very much focused on Property financing both on residential and commercial lines. To get in contact with him please click here.
