If you borrow £178,000 over a 25-year term at 4.74% p.a. (fixed) for 60 months reverting to 7.99% p.a. (variable) for the remaining term, you would make 60 monthly payments of £1013.79 and 240 monthly payments of £1312.32. The total payable would be £377,163.20, which includes the interest of £197,784, valuation fees of £0 and a product fee of £999. The overall cost for comparison is 6.8% APRC representative.

Hanley Economic Building Society Mortgage Rates & Fees Comparison
Hanley Economic Building Society offers a range of fixed and variable rate mortgages that could be suitable for you.
The Hanley Economic Building Society is a UK building society, which has its head office in Hanley, Stoke on Trent, Staffordshire. It is the 28th largest in the United Kingdom based on total assets of £378 million as at 31 August 2016. Founded in 1854, The Staffordshire Potteries Economic Permanent Benefit Building Society, was the Society’s original title. It was in 1930 when the name was shortened to Hanley Economic Building Society.
The company has a goal to provide new and existing customers with competitive mortgage products and quality mortgage advice. It provides multiple options in choosing a best suitable mortgage plan to it’s customers. There are fixed and variable rates mortgages available as well as buy to let, residential Interest only, credit repair, self build mortgages available for your convenience.
Compare Hanley Economic Building Society’s mortgage rates
If you borrow £178,000 over a 25-year term at 4.74% p.a. (fixed) for 60 months reverting to 7.99% p.a. (variable) for the remaining term, you would make 60 monthly payments of £1013.79 and 240 monthly payments of £1312.32. The total payable would be £377,163.20, which includes the interest of £197,784, valuation fees of £0 and a product fee of £999. The overall cost for comparison is 6.8% APRC representative.
What types of mortgages can I get with Hanley Economic Building Society ?
- Fixed rate With this mortgage type, your interest remain locked for a set amount of time, providing certainty about the size of your mortgage repayments.
- Remortgages You can switch your existing mortgage to Hanley Economic Building Society via one of its remortgage products.
- Offset This mortgage type allows you use a Hanley Economic Building Society savings account to offset the amount of your mortgage balance you pay interest on.
- Tracker With this type of mortgage, your interest rate will shift up and down in line with the Bank of England base rate.
- Buy to let This type of mortgage is needed if you want to borrow money to purchase an additional property and let it out.
- Shared ownership This mortgage type allows you to percentage of a property and pay rent on the remainder. When you can afford it, you can then apply to buy additional percentages of the property.
How to apply
To apply for a mortgage in 01782 255000 or visit a local branch.
What information is needed to apply?
You will need to provide personal details, address history, employment history and financial information. This will need to be backed up recent payslips and bank statements.
Eligibility criteria
You must be between 18 and 80 years old. The lender allows you to buy properties in England, Wales and mainland Scotland.
You’ll need to have been continually employed for the last 12 months. In most cases, self-employed applicants will have to show two years worth of accounts.
Applicants must have no more than one CCJ and default for no more than £500 on their credit report (none in the last 12 months).
Contact information
For general queries call 01782 255 000 or customerservices@thehanley.co.uk.
Frequently asked questions
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