Hanley Economic BS cuts variable rate | Product News - Moneyfacts

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Hanley Economic BS cuts variable rate

Hanley Economic BS cuts variable rate

Category: Mortgages
Date: 11/06/2013

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 It is now over 6 months old so the content may be out of date.

Hanley Economic Building Society has reduced its two-year variable rate, pushing it into the best buy tables.

The basics…

This mortgage offers a competitive variable rate of 2.69% for two years and has a maximum loan-to-value of 80%.

The finer details….

A fee of £300 is payable either upfront or can be added to the mortgage advance.

Purchase customers are offered a £250 rebate, whilst those remortgaging can also take advantage of free legal fees. A free valuation up to the value of £240 is offered to all borrowers.

The option to make overpayments of up to 10% of the outstanding mortgage balance is offered to all applicants.

Why we like it….

This attractive new mortgage offers a competitive and flexible package to borrowers with deposits of 20% and over. Four out of five Moneyfacts Stars have been awarded.

What next?

Compare discounted rate mortgages
Compare variable and tracker rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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