Hanley Economic Building Society - First-Time Buyer Discount Mortgage
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Hanley Economic Building Society - First-Time Buyer Discount Mortgage
Type: Discounted-rate mortgage
Discounted term: Three years
Discount: 0.44%
Payable rate: 4.75%
Minimum loan: £25,000
Maximum loan: Up to 95% of valuation subject to a maximum of £250,000
Income multiples: Based on affordability
Conditions: One capital repayment of up to 10% a year allowed in the discount period, £250 cashback, free valuation, available direct and to intermediaries through Pink Home Loans, Personal Touch Financial Services, London & Country, Legal & General Mortgage Club and Sesame
Arrangement fee: £400 plus £99 booking fee
Redemption fee: 2% of the amount repaid in the first two years
Introducer’s fee: Refer to lender
Contact: www.thehanley.co.uk
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