Staffordshire based mutual building society The Hanley has this week launched two new market leading mortgage products. A two year discounted variable rate with an initial pay rate of 2.45% and a three year fixed rate at 3.90% both will command top spot in their respective categories in this weekends Mortgage ‘Best Buy’ Tables. Both products have a low arrangement fee of £325 and are available direct from any of The Hanley’s branches, website or by telephone.

“The Hanley is in great financial shape; our prudent approach to Lending has allowed us to cope extremely well in the current economic climate. I expect a large demand for these two market leading products and would encourage prospective borrowers to contact us immediately as our expectations are that both products will be fully subscribed to within ten days.” Commented David Lownds, Head of Business Support at The Hanley.