We at Hanley Economic Building Society / Hanley Intermediaries are pleased to confirm our latest criteria update.

Previously, we would only lend on flats up to 5 floors (or higher in London but properties inside the M25 required a minimum equity of £250,000)

As of Monday 20th May, we lend on flats up to (and including) 10 floors.

Please note, the following still applies;

  • Available for both Residential and Buy to Let
  • We do not currently lend on flats in Scotland (only houses in Scotland)
  • Shared ownership and new build flats are acceptable under this new criteria
  • There is no minimum equity needed within the property (unless interest only to which our normal repayment vehicles apply)

If you have any queries, please don’t hesitate to get in touch!