The offset is a lifetime discount of up to 75% loan-to-value (LTV) and priced at 2.89%. It has an application fee of £250 and a completion fee of £1,250. Valuations are also free on properties worth up to £1m.
The second product is a 2.55% five-year fixed rate buy-to-let available up to 60% LTV. There is an application fee of £250 and the completion fee is £999.
It also has a scaled valuation fee and the early repayment charge (ERC) is reduced from 5% in the first year to 1% in the fifth year.
Head of intermediary sales at Hinckley & Rugby Building Society, Carolyn Thornley-Yates, said: “Landlords can benefit from our manual approach to underwriting which includes the consideration of personal income to support rental income, and joint borrower/sole proprietor arrangements.”
