News in brief - 4 July 2025

Chorley Building Society has launched four new fixed rate credit renew products. The products sit alongside the discounted range which were already available, boosting the number of products from four to eight. Rates start from 5.89% and 6.19% on its credit renew one two-year fixes at 60% and 90% LTV respectively, while its credit two two-year 60% and 90% LTV products are available from 5.99% and 6.29% respectively.

Foundation Home Loans has announced a series of product enhancements across its complex buy-to-let (BTL) range, introducing new fixed rate options, rate cuts and fee structure simplification. Across the updated range, its property plus product now starts from 6.59% on two- and five-year fixes at 75% LTV, while a new five-year product has been launched at 6.49% with a 2.5% fee. Foundation’s HMO product is now available from 6.69% at 75% LTV, while its short-term lets plus products are available as two- and five-year fixes at 6.74% at 75% LTV. The lender’s mixed use two-year product is available at 6.84% at 60% LTV, while its 70% LTV product starts from 7.29%.

Hinckley & Rugby for Intermediaries has made rate reductions across its full mortgage product range, including core, fixed, income flex, credit flex and flex plus ranges. On its core range, five-year fixes now start from 5.39% and 5.64% at 80% and 90% LTV respectively. The society’s income flex products are available at 5.89% and 6.15% at 80% and 90% LTV respectively, while its five-year products start from 5.69% and 5.90% respectively. Hinckley & Rugby’s credit flex range, which is available to borrowers with historic credit issues, starts from 5.99% on its two-year fix and 5.79% on its five-year fix, both at 80% LTV.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.

Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.