Mortgage magic from Hanley Economic BS - Mortgages - News - Moneyfacts

News

Mortgage magic from Hanley Economic BS

Mortgage magic from Hanley Economic BS

Category: Mortgages

Updated: 14/10/2009
First Published: 14/10/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The new Fixed Rate Mortgage from Hanley Economic BS could cast a spell over some borrowers.

The rate of 3.69% is the lowest available allowing advances up to 70% loan to value and ranks amongst the best in the two year fixed rate mortgage market.

The flat fee of £895 is also competitive, while other benefits include free legal fees for remortgages and a penalty-free 10% lump sum overpayment allowance per year.

The excellent all round package is likely to appeal to borrowers in England and Wales who can provide the 30% deposit required, and so earns four out five Moneyfacts stars.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Goodbye to the Help to Buy Guarantee

On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market. It’s certainly done wonders for the high loan-to-value sector, so we thought we’d take a closer look at the significance of the scheme and the effect it’s had.

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.
 
Close