4.99% Home Mover / Re-Mortgage fixed for 2 Years

Capital & Interest.

No application fee or arrangement fee.

The interest rate on this product will not drop below 2.00% (following the fixed rate period).

One Free Valuation
£250 Cashback on completion (Paid to your solicitors on completion of the mortgage).

Minimum Loan: £30,000 Maximum Loan: £2,000,000 at 50% LTV, £1,500,000 at 65% LTV, £750,000 at 80% LTV

Purchase 80%.
Remortgage 80%.

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year during 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 & mainland Scotland (Islands by referral).

The Society will pay a proc fee of 0.35% on completion to the intermediary.

New Business - All of our savings and mortgage products are only available to UK residents.

If this mortgage is repaid in full or in part 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 £4,111.78 based on £205,589.00.

A mortgage of £205,589.00 payable over 25 years initially on a Fixed Rate of 4.99% 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 £1.200.66 and 276 monthly payments of £1,625.12. The total amount payable would be £477,508.55 made up of the loan amount plus interest (£271,759.55), 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).