MPowered and Hinckley & Rugby cut rates – Mortgage Strategy

MPowered and Hinckley & Rugby cut rates – Mortgage Strategy

MPowered Mortgages has cut its three-year fixed rates.  For new purchase customers, three-year fixed rates for customers paying a 35% deposit have been cut to 3.93% paying a £999 fee. Those with a 20% deposit benefit from a new fixed rate of 4.25% paying a £999 fee. Three-year fixed rates for remortgage customers have also been cut across most LTV bands. The new rates from MPowered will be effective from 2 June. Hinckley & Rugby for Intermediari…

MPowered Mortgages cuts selected 3-year fixed rates

MPowered Mortgages has reduced its 3-year fixed mortgage rates despite a background of rising swap rates. For new purchase customers, 3-year fixed rates for customers paying a 35% deposit have been cut to 3.93% paying a £999 fee. Those with a 20% deposit benefit from a new fixed rate of 4.25% paying a £999 fee. 3-year fixed rates for remortgage customers have also been cut across most loan-to-value (LTV) bands.  The new rates will be effective f…