The Society has launched new two-year and five-year products.

When interest rates were at lower levels, most buyers with a 10% or 5% deposit found mortgage payments comparable to, or less than, their current rent.

The majority of products have reduced by 10bps.

Interest-only products have seen the largest reductions.

Rates now start from 2.87%.

Victims lose £47,000 on average, but for some it’s more than £250,000.

Reductions apply across two, three and five-year fixed rates for new and existing borrowers.

Rates have increased by up to 0.20%.

Title insurance can significantly cut the time taken to process applications and deliver refinancing to clients.

Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby Building Society, celebrates the firm's recent win at the Financial Reporter Awards and explores the work...