"This pre-Christmas launch is targeted at those existing homeowners looking to review their mortgage arrangements come year-end"
The product has total fees of £450 including a product fee of £200 which can be added to the loan. It also comes with one free standard valuation and free legals for remortgage customers.
The mortgage is available for purchase or remortgage on a maximum loan amount of £1,000,000.
David Lownds, head of marketing and business development at Hanley Economic Building Society, commented: “This pre-Christmas launch is targeted at those existing homeowners looking to review their mortgage arrangements come year-end, and for homebuyers looking for the security of a fixed rate deal amidst current political and economic uncertainty.
"This is already ranking very highly on sourcing systems and we expect it will prove to be a popular option for a variety of borrowers and amongst our intermediary partners.”
