Hanley Economic Building Society has added to its residential mortgage range with the launch of a fee-free two-year 95% loan-to-value (LTV) fixed rate and a fee-free two-year 90% LTV variable discount mortgage.

The fee-free two-year fixed rate mortgage is available up to 95% LTV and comes with a headline rate of 5.75%.

The fee-free two-year variable discount mortgage is available at a headline rate of 5.30%, representing a 3.19% discount from the society’s standard variable rate of 8.49%, and is available up to 90% LTV.

Both of these products come with a free valuation alongside no application or arrangement fees and £250 cashback will be paid on completion of the mortgage.

They are applicable for properties throughout England, Wales and Scotland (Scottish Islands by referral) for purchase or remortgage purposes.

Hanley Economic Building Society head of products and marketing David Lownds says: “As a lending community, it’s essential to support a diverse range of borrowing needs. By eliminating upfront fees, we strive to make homeownership more attainable and affordable, particularly at the higher LTV bands.”