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New market-leading FTB mortgage

New market-leading FTB mortgage

Category: Mortgages
Date: 19/01/2017

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 It is now over 6 months old so the content may be out of date.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 BS has launched a new two-year fixed rate mortgage, which thanks to its market-leading 95% loan-to-value (LTV) rate enters the Best Buy chart for first-time buyers (FTBs) at the number two spot, earning itself the highest Moneyfacts rating in the process.

The basics…

This mortgage boasts a rate of 3.40%, fixed to 28.2.2019, and is available at 95% LTV, which is the lowest rate available for a mortgage with these terms. It comes with a reasonable fee of £500.

The finer details…

The deal is offered to first-time house purchase customers with a deposit of just 5%. It comes with an incentive package that offers free valuation fees (max £260) and £250 cashback, as well as the option to make overpayments.

Why we like it…

The market-leading rate on this deal, combined with its reasonable fee and incentives, make it highly attractive to first-time buyers, therefore easily earning a place in the Best Buy charts as well as our highest rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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