Bank of England Base Rate Tracker + 0.45% Residential Mortgage for 2 years

Capital & Interest

No application fee or arrangement fee

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

Free Valuation

£250 Contribution to Free Legals when remortgaging using the Society's nominated Solicitor.

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

Purchase 90%

Remortgage 90%

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.

Overpayments may be made by monthly standing order.

A mortgage of £197,090.00 payable over 25 years initially on a Bank of England Base Rate Tracker plus 0.45% for 2 years and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 276 months would require 24 monthly payments of £1,233.96 and 276 monthly payments of £1,564.51. The total amount payable would be £461,579.27 made up of the loan amount plus interest (£264,329.27), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.

The overall cost for comparison is 8.0% 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).