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Hanley Economic Building Society – 2-Year Discount First Time Buyer’s – Direct

Hanley Economic Building Society – 2-Year Discount First Time Buyer’s – Direct

Type: Discounted-rate mortgage

Discounted term: Two years

Discount: 0.6%

Payable rate: 4.59%

Minimum loan: £30,000

Maximum loan: Up to 90% of valuation subject to a maximum of £150,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the discount period, for property purchase only in England and Wales

Arrangement fee: £899 plus £100 booking fee
Redemption fee: 2% of the amount repaid in the first two years

Introducer’s fee: None

Contact: www.thehanley.co.uk

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