Hinckley & Rugby Building Society
Building SocietyHinckley & Rugby Building Society is a Midlands-based mutual offering residential mortgages with a common-sense approach to underwriting. They lend nationwide and are known for accommodating borrowers with complex financial profiles, including those with multiple income sources or non-standard employment.
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About Hinckley & Rugby Building Society
Hinckley & Rugby Building Society was founded in 1986 through the merger of Hinckley and Rugby building societies. The society has its headquarters in the Midlands and offers residential mortgages with a common-sense approach to underwriting. Hinckley & Rugby lend nationwide and are known for accommodating borrowers with complex financial profiles.
The society considers applications with multiple income sources, non-standard employment, and other circumstances that may not fit standard criteria. Hinckley & Rugby serves customers through branches and broker partners. The society has built a reputation for flexibility and pragmatic decision-making.
Hinckley & Rugby Building Society is regulated by the FCA and PRA and is a member of the Building Societies Association. The society has grown steadily in the intermediary market.
Lending Focus
Hinckley & Rugby Building Society offers mortgage products across 1 categories including Residential.
Key Features
- Common-sense manual underwriting approach
- Residential mortgages up to 90% LTV
- Nationwide lending from a Midlands base
- Available through brokers and direct channels
- Flexible income assessment for complex employment
Pros & Cons
Pros
- Common-sense manual underwriting for individual cases
- High LTV of up to 90% for residential mortgages
- Nationwide lending from a Midlands base
- Flexible income assessment for complex employment situations
Cons
- –Small regional building society — limited national brand awareness
- –No bridging, BTL, or specialist lending products
- –Processing may take longer than digital-first lenders
Fees & Charges
- Arrangement Fee
- Typically £499–£999 — varies by product
- Valuation Fee
- Varies by property value — quoted at application
- Early Repayment Charge
- Typically applies during fixed-rate period — varies by product
- Overpayment Allowance
- Up to 10% of outstanding balance per year
Mortgage Rates
Rate data coming soon. View rates on Hinckley & Rugby Building Society
| Product | Initial Rate | Type | Initial Term | Revert Rate |
|---|---|---|---|---|
| 2 Year Fixed | TBC | Fixed | 24 months | TBC |
| 5 Year Fixed | TBC | Fixed | 60 months | TBC |
| Tracker | TBC | Variable | 24 months | TBC |
Application Process
- Processing Time
- 3–6 weeks from application to offer
- Online DIP
- No — via broker or branch
- Offer Valid For
- 6 months from date of offer
Lending Criteria
- Maximum LTV
- 90%
Frequently Asked Questions
Does Hinckley & Rugby Building Society lend nationwide?
Can I apply with multiple income sources?
What is the maximum LTV from Hinckley & Rugby Building Society?
Does Hinckley & Rugby Building Society use credit scoring?
How to Apply
Direct & broker access. Apply directly or via a broker for whole-of-market access. Find a broker
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.