You are here: Home - Mortgages - First Time Buyer - News -

Yorkshire Building Society offers 1.19% mortgage

0
Written by: YourMoney.com
31/08/2017
Yorkshire Building Society has introduced a two-year fixed rate mortgage at 1.19%.

The mutual also cut rates on selected remortgage and house purchase options and added additional features to some of its mortgages including free standard valuation, free legal service and cashback on completion up to £500.

According to the Yorkshire Building Society more than £35 billion worth of mortgages are due to mature in September and October, prompting borrowers to look for new deals.

The two-year fixed rate deal at 1.19% is for up to 65% loan-to-value (LTV) and available to buyers and remortgage customers. It has a £995 fee and £500 cashback.

YBS is also offering a five-year fixed rate remortgage option at 75% LTV at 2.39%, with no product fee, free standard valuation, free legal service and cashback on completion of £250.

Maturity boom

Charles Mungroo, mortgage manager at Yorkshire Building Society, said: “With so many maturities in the next couple of months now is the perfect time to support those looking for a new deal with a range of different options to meet a variety of needs.

“We hope by reducing rates on mortgages and adding attractive additional features to selected mortgages it will ease the cost of remortgaging for borrowers and give them a helping hand at what can become an expensive time.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

Low-income pensioner? You could gain £3k top-up

Hundreds of thousands of retirees struggling with a low income are missing out on Pension Credit worth £3,300...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week