Mortgage Intelligence Holdings has launched an exclusive Hinckley & Rugby Building Society two year discount at 3.09%.

It is available for all its network ARs as well as Next Intelligence DA members.

The mortgage is available at up to 85% LTV. There is a £295 application fee and £695 completion fee. The valuation is free and the Society pays any higher lending fee.

There are no early repayment charges.

Carolyn Thornley-Yates, Hinckley & Rugby business development manager, said: “This is a keenly priced mortgage at up to 85 per cent LTV which we expect to be very popular with the advisers and their customers.”

Sally Laker, managing director of Mortgage Intelligence Holdings, added: “We are delighted to team up with Hinckley & Rugby with this very attractive exclusive product for our members.

“No early repayment charges at 85% LTV makes this discounted rate a strong product to consider.”