Premier Mortgage service has announced that it is joining forces with Hinckley and Rugby Building Society to offer a new two-year fixed rate deal.

The deal includes a rate of 4.39% for two years, whilst the maximum loan is £500,000 with a LTV of 65%.

For remortgage customers, the product is available with free valuation and legal services.

Martin Reynolds, corporate manager at PMS, said:

“This is an excellent rate for 2 years and the remortgage package offers a low cost transfer option. It is good to see that Building Societies are still prepared to offer competitive products and I would expect this product to be very popular.”