History of The Hanley's Standard Variable Interest Rate (SVR)

Below is the history of our SVR since April 1987. At The Hanley we believe that value of a Mortgage should be calculated over the long term.

Our commitment to a comparatively low SVR has been recognised by the influential ' What Mortgage Magazine' as a top 5 lender over 10 years.

The Hanley calculate interest on a daily basis.

Date	Interest Rate
April 1987	12.00%
May 1987	11.00%
May 1988	9.45%
August 1988	11.25%
October 1988	12.50%
January 1989	13.25%
November 1989	14.25%
March 1990	15.15%
November 1990	14.25%
April 1991	13.50%
May 1991	12.70%
July 1991	12.20%
August 1991	11.70%
October 1991	11.25%
March 1992	10.85%
July 1992	10.55%
November 1992	9.90%
December 1992	9.20%
January 1993	8.50%
April 1993	7.95%
April 1994	7.64%
October 1994	8.10%
January 1996	7.44%
April 1996	7.20%
August 1996	6.99%
January 1997	7.24%
June 1997	7.55%
September 1997	8.35%
October 1998	8.85%
December 1998	8.05%
February 1999	7.30%
March 1999	6.80%
February 2000	7.24%
April 2000	7.45%
March 2001	7.20%
May 2001	6.95%
June 2001	6.70%
October 2001	6.45%
November 2001	5.95%
January 2002	5.45%
April 2003	5.35%
January 2004	5.60%
March 2004	5.85%
June 2004	6.10%
July 2004	6.35%
September 2004	6.60%
September 2005	6.35%
September 2006	6.60%
December 2006	6.85%
February 2007	7.10%
June 2007	7.35%
October 2007	7.60%
January 2008	7.35%

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE