Bank Base Rate Tracker + 1.30% for Term

Capital & Interest or Interest Only.

No Application or Arrangement fees

Valuation Fee paid to The Hanley Economic Building Society on application and is non-refundable after valuation is carried out. The fee charged is dependent upon the price of the property. See fee scale for cost (Mortgage & Valuation Charges | The Hanley)

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%.

None.

Minimum Loan: £30,000

Maximum Loan: £750,000 at 75% 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 75%.
Remortgage 75%.

There are no restrictions in overpayments which can be made by monthly standing order.

Available for properties located in England & Wales.

In the event of a change in the Bank of England base rate. The interest rate will reflect the change from the 1st day of the following month

The Society will pay a proc fee of 0.40% on completion to the intermediary.

This product is available for new mortgage customers only.

No Early Repayment Charges apply.

A mortgage of £124,217.00 payable over 25 years on a Bank of England Base Rate Tracker plus 1.30% would require 300 monthly payments of £748.04. The total amount payable would be £224,910.88 made up of the loan amount plus interest (£100,193.48), a valuation fee of £340.00, a funds transfer fee of £35.00 and a mortgage exit fee of £125.00. The overall cost for comparison is 5.3% 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).