Hinckley & Rugby expands core residential and JBSP ranges

Hinckley & Rugby for Intermediaries has announced updates to its core residential and joint borrower sole proprietor (JBSP) range, introducing new two and five-year fixed rate products and refreshed discounted options up to 95% LTV, offering reductions of up to 179 basis points.

The expanded range is designed to provide brokers with greater choice when supporting clients with smaller deposits, including first-time buyers and families buying together.

A new two-year fix has launched at 6.25% and a five-year fix is available at 6.10%, both up to 95% LTV.

Two-year discount products have launched at 5.10% (179 bps discount) up to 90% LTV and 5.39% (150 bps discount) up to 95% LTV.

All products come with no application fee, a £800 completion fee, £250 cashback, and a 10% annual overpayment allowance.

Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, commented: “Affordability remains one of the biggest challenges for brokers and their clients, and that’s exactly where products like these make a difference. Our new two and five-year fixed options, alongside refreshed discounted rates of up to 179 basis points, are designed to give brokers more flexibility when structuring cases across higher LTV bands.

“What we’re seeing more often is that clients don’t always fit traditional profiles. Whether it’s first-time buyers combining incomes, families helping each other, or more complex financial arrangements, JBSP continues to prove its value as a practical solution. It gives borrowers the framework to buy together, while keeping ownership simple and clear.

“By updating our high LTV residential product suite, we’re making sure brokers have the right tools to support those real-life scenarios.”