Hinckley & Rugby offers 5-year fix at 3.95%

Hinckley & Rugby Building Society has launched a five-year fixed rate mortgage at 3.95%.

The product is available up to 80% LTV and comes with a £195 arrangement fee and £695 completion fee.

Chris White, chief executive of Hinckley & Rugby, says: “This is a best buy mortgage, particularly attractive to buyers with a 20 per cent deposit who want to fix their repayments into the year 2017.

“This mortgage offers certainty about repayments and at a great rate. We expect it to be very popular.”