Hanley Economic BS extends Self-Build and Residential offerings into Scotland

Hanley Economic Building Society has extended its Self-Build and Residential mortgage offerings into Scotland with immediate effect.

The Self-Build market will form a primary focal point for Hanley as the Society has highlighted this as a key area of growth on both sides of the border. Back in March it launched a Self-Build Direct to Intermediaries proposition to provide an additional option for intermediaries with Self-Build clients. This will also be made available to Scottish intermediaries alongside an online Self-Build hub.

This hosts useful resources and information including:

  • Self-Build criteria
  • Submitting an application
  • Assessing your application
  • Releasing funds
  • Completion of the project
  • Service standards
  • Self-Build downloads

The aim of the move is to offer Scottish intermediaries’ access to Hanley’s common-sense approach to lending which includes no credit scoring and taking each case on its own merit.

David Lownds, Head of Marketing & Business Development at Hanley Economic Building Society, commented: “Scotland has a growing property market and extending our reach into Scotland will provide even more choice for a range of borrowers. The Society is one of a small number of lenders who support the Self-Build and renovating market, and we look forward to developing new relationships with mortgage intermediaries in Scotland over the coming months.”