Hanley Economic has launched a new fixed rate discounted mortgage that has stormed to the top of its class.
The New Fixed Rate Mortgage offers 3.85% to 30 November 2012, a maximum loan-to-value of 80%, a fee of £699, and incentives of a £250 rebate for house purchase and free legal fees for remortgages.
This new deal is some 0.49% lower than the current market leader in this sector with the fee of £899 being just slightly higher.
Overall, this is a very attractive product in an area where choice is limited.
The full quota of five out of five Moneyfacts stars has been awarded.
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