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.



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