2.80% Variable Discount for Term (Interest Only)

5.69% Initial Pay Rate which represents a 2.80% discount off our Standard Variable Rate (8.49%)

Interest Only (Applicants must meet the Society's Interest Only Criteria).

£700 Arrangement fee (Deducted from loan amount on completion)

The interest rate on this product will not drop below 2.00%.

Free Valuation

£250 contribution to Remortgage Legals when re-mortgaging using the Society's nominated Solicitor.

Minimum Loan: £30,000 Maximum Loan: £500,000@75% LTV,£1,000,000 @ 60% LTV, £1,250,000 @ 50% LTV

Purchase 75%.
Remortgage 75%.

Available for properties located in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria).

The Society will pay a procuration fee of 0.35% on completion to the intermediary.

This product is available for new mortgage customers only.

No Early Repayment Charges apply

A mortgage of £205,589.00 payable over 25 years on a discounted rate of 5.69% would require 300 interest only monthly payments of £974.83.

The total amount payable would be £498,899.35 made up of the loan amount plus interest (£292,450.35), a funds transfer fee of £35.00, arrangement fee of £700.00 and a mortgage exit fee of £125.00.

The overall cost for comparison is 5.7% 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).