2.60% Variable Discount for Term - Ex-Pat BTL (Non-Regulated & Consumer)

Interest Only

£299 Non-Refundable Application Fee.
£700 Arrangement fee (Deducted from loan amount on completion).

The interest rate on this product will not drop below 2.00% (following the fixed rate period),

Free Valuation.

Minimum Loan: £30,000 Maximum Loan: £500,000,

Purchase 80%
Remortgage 80%

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year for the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

Available for properties located in England & Wales

The Society will pay a proc fee of 0.40% on completion to the intermediary.

This product is available for new mortgage customers only.

if this mortgage is repaid in full or in part before 31 July 2028 an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £2,484.34 based on £124,217.00

A mortgage of £124,334.00 payable over 25 years on a discounted rate of 5.89% would require 300 interest only monthly payments of £610.27. The total amount payable would be £308,574.82 made up of the loan amount plus interest (£183,081.82), a funds transfer fee of £35.00, a £299 non-refundable application fee, an arrangement fee of £700.00 and a mortgage exit fee of £125.00.

The overall cost for comparison is 5.9% APRC representative.

Call us on 01782 255000 (selecting option 1 – Hanley Intermediaries then option 1 – New business enquiries).

Lines are Open 9.00am to 5.00pm Monday to Friday (Wednesday 9.30am to 5.00pm).