Hinckley & Rugby for Intermediaries expands residential lending into Scotland

04 August 2025

Hinckley & Rugby for Intermediaries has announced the expansion of its residential mortgage lending into mainland Scotland, the first time the Society has offered products north of the border.

Brokers in Scotland can now access Hinckley & Rugby’s full range of residential mortgage products, including Income Flex, Credit Flex, Core and more. The launch is initially available through PMS Mortgage Club and Sesame Network, both part of Sesame Bankhall Group, with wider distribution planned at the end of the summer.

The move forms part of a broader growth strategy to support brokers in underserved areas and increase access to flexible, manually underwritten lending. There are no changes to product criteria and Scottish borrowers will have access to the same proposition already available across England and Wales.

Hinckley & Rugby’s residential product range includes:

• Income Flex: supports non-standard or complex income, including self-employed borrowers with one year’s accounts or using net profit.
• Skilled Worker Visa: criteria include no minimum UK residency, no minimum income requirements, and no minimum time remaining on the visa.
• JBSP and lending into retirement.
• Up to 95% LTV on selected products.
• Manual underwriting with no credit scoring.

Buy-to-let products remain available to brokers in England and Wales only.

Laura Sneddon, Head of Mortgage Sales & Distribution at Hinckley & Rugby for Intermediaries, said:

“We’ve seen strong demand from brokers in Scotland who are looking for greater choice and more flexible decision-making. Our manual underwriting, service-led approach, and willingness to consider complex cases really sets us apart, especially in a market where building society options remain limited.

“This is a significant step in opening up access for more brokers and clients, and we’re proud to bring our full residential proposition to Scotland.”

Claire Cherrington, DA Distribution & Propositions Director at Sesame Bankhall Group, added:

“There’s already been a very positive response from Scottish brokers since the launch went live, and we’re confident this will continue. Hinckley & Rugby for Intermediaries brings something different to the market, not just in terms of criteria, but the way they engage with brokers and support cases through to completion.

“At Sesame Bankhall Group, we’re committed to being a Proactive Partner for Life, helping firms to start, run, grow and exit. This expansion reflects that ethos perfectly, enabling us to extend meaningful support to brokers in Scotland and help them unlock new opportunities for their clients.”

For more information on Hinckley & Rugby’s full product range, visit: www.hrbs.co.uk/intermediaries