5.05% Fixed Rate Residential Mortgage for 3 Years (95%LTV)

Capital & Interest

No application fee or arrangement fee

The interest rate on this product will not drop below 2.00%.

Free valuation £250 cashback on completion (paid to your solicitor on completion of the mortgage)
One free valuation

Minimum Loan: £30,000
Maximum Loan: Up to £500,000
Please refer to the following page for more information https://www.thehanley.co.uk/maximum-ltv-and-loan-amounts

Purchase 95%
Remortgage 95%

Available for properties located in England, Wales & mainland Scotland (Islands by referral).

This product is available for new mortgage customers only

If this mortgage is repaid in full or in part during the first 2 years an early repayment charge will apply. This will be 2% of
the balance repaid during this period.
Example – The maximum early repayment charge you could pay is £3,958.94 based on £197,947.00.

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year for the first 3 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

No Higher Lending Charge is applicable

A mortgage of £197,947.00 payable over 29 years initially on a Fixed Rate of 5.05% for 3 Years and then on our
Standard Variable Rate (SVR) of 8.24% (variable) for the remaining 27 years would require 36 monthly payments of
£1,084.54 and 312 monthly payments of £1,465.54. The total amount payable would be £496,450.58 made up of the
loan amount plus interest (£298,343.58), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00. The overall
cost for comparison is 7.7% APRC representative^

Call us on 01782 255000.

Lines are Open 9.00am to 5.00pm Monday to Friday, Saturdays 9am to 12.00pm.