Yorkshire launches five-year best buy mortgage

Yorkshire Building Society has launched a range of best buy five-year fixed rate mortgages with a number of choices enabling borrowers to choose the rate and terms that best suit t

Related topics:  Mortgages
Millie Dyson
6th July 2010
Mortgages
Those looking to move home or remortgage can apply for a best buy deal from only 4.15% with a fee of 995 - the lowest five-year fixed rate offered by the Society since 2003.

For those who would like a little extra help with the initial costs of their mortgage, a similar product is also available at 4.25% offering a free standard valuation and 250 cashback for those buying a property, or a free standard valuation and free legal service for those looking to remortgage.

Customers also have a choice of paying a lower fee of 495 with a slightly higher rate, allowing them to choose the deal that is best for them. All deals are available to borrowers who have a 25% deposit and are fully portable, offering additional flexibility for those who may wish to move home before the end of the term.

Tom Girling, Product Manager for Mortgages at the Yorkshire said:

"Our new range of five-year fixed rate products offers great value and a variety of options to suit our borrowers' pockets.

"As well as competitive rates, the deals offer longer-term security for those concerned about the possibility of future rises in interest rates and piece of mind when it comes to mortgage payments.

"The mortgages are available online and through our branches where our fully qualified mortgage advisers can guide and support people buying a home or looking to remortgage."
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