The Hinckley & Rugby Building Society has introduced a new lower-fee two-year discount buy-to-let mortgage currently priced at 2.69% at up to 75% LTV.
The mortgage has a £250 application fee and no completion fee. The discount off the Society’s SVR is 3.20% and there is a scaled valuation fee. The generally available mortgage is also free of ERCs (Early Repayment Charges).
Head of sales and marketing Carolyn Thornley-Yates said: “We are again pleased to offer the market a new mortgage. Giving buy-to-let applicants the option of a low-fee product adds a new dimension to our offer to new and existing landlords.
“Together with our nuanced policy of underwriting and other flexible approaches, applicants and their advisers can expect great service from dedicated case handlers.”