Bank Base Rate Tracker + 1.30% for Term

Capital & Interest or Interest Only.

No Application or Arrangement fee.

A valuation fee is payable. See fee scale for cost

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 £804.13. The total amount payable would be £241,739.82 made up of the loan amount plus interest (£117,022.82), 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 6.1% 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).