Homebuyers choosing Hinckley & Rugby’s new Charity Assist Mortgage will be helping Emmaus Leicestershire & Rutland, thanks to the Building Society’s support.
The Building Society is donating £250 for every Charity Assist Mortgage taken out. The donations will help us provide a home and meaningful work in Hinckley for formerly homeless people for as long as they need it.
The Charity Assist Mortgage has been created for homebuyers who want a competitive fixed rate product delivered with the personal service of a regional building society whilst also helping others who are facing the challenges of homelessness. The low-fee mortgage at up to 90 per cent Loan to Value (LTV) charges 2.79 per cent interest for the first two years. It then reverts to a discount mortgage for three years, at a current rate of 4.49 per cent. The application fee is £199 and there is no completion fee.
Michelle Tong, trainee team leader in Hinckley & Rugby’s mortgage department, was one of the team which developed the new Charity Assist Mortgage. Michelle said: “Every day we help our customers achieve their dreams of home ownership. Now with this new mortgage, our customers can show their support for people who have struggled to keep a roof over their heads.
“The Emmaus approach of wraparound support – a place to live, meaningful work, a supportive community – is incredibly valuable.
“We hope lots of customers select the new Charity Assist Mortgage, enabling Hinckley & Rugby to make lots of donations to Emmaus so the charity can help more companions to embark on a fresh start with lots of support in a welcoming place to call home.”
We are really pleased that Hinckley & Rugby is supporting its local homelessness charity. Each £250 donated will contribute to a month’s accommodation, food, clothing, support and training for a formerly homeless person. That means every mortgage approved is not just helping a homebuyer but also providing a home for someone in a vulnerable situation.
Mir and a current Emmaus Leicestershire & Rutland companion, Tony, launched the new mortgage with Michelle. Tony said: “After a battle with alcohol addiction I left rehab sober but with nowhere to live. If it wasn’t for Emmaus I would probably have ended up on the streets. They gave me a roof over my head and a place to feel safe. After four years with Emmaus I’m still doing well. I’ve been given the chance to work; I run the La Boutique Emmaus shop in Hinckley – something I never thought I could do. It’s a reason to get out of bed in the morning and a reason to feel good about myself. Thanks to Emmaus, I’m feeling positive about my future.”
Details of the mortgage are at: hrbs.co.uk/mortgage-product/2-year-fixed-charity-assist-mortgage
If your business would like to offer help to Emmaus Leicestershire & Rutland in some way, why not find out more about supporting us?