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

Interest Only

Application Fee paid to The Hanley Economic Building Society on application and is non-refundable £299

Arrangement Fee paid to The Hanley Economic Building Society. The fee can be paid on application or deducted from the loan on completion and interest will be charged on the fee. This fee is non-refundable, except in cases where the application does not proceed to completion £700

CHAPS fee is paid to The Hanley Economic Building Society. The fee can be paid on application or deducted on completion of the loan and interest will be charged on the fee. This non-refundable fee covers the electronic transfer of mortgage funds to you or your solicitor, unless the application does not proceed to completion £35

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: £750,000 at 80% LTV, £1,000,000 at 70% LTV, £1,500,000 at 65% LTV, £2,000,000 at 50% LTV (Loans over £500,000 will be considered on an individual basis)

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 during the first 2 years 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 £2,486.68 based on £124,334.00.

A mortgage of £94,530.00 payable over 25 years initially on a discounted rate of 5.39% would require 300 monthly payments of £424.60. The total amount payable would be £223,343.18 made up of the loan amount plus interest (£127,379.18), an application fee of £299, an arrangement fee of £700, a valuation fee* of £275, a funds transfer fee of £35.00 and a mortgage exit fee of £125.00. The overall cost for comparison is 5.4% 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).