Yorkshire launches new mortgages for first-time-buyers

Yorkshire Building Society has launched a new range of mortgages for first time buyers with no upfront fees, 500 cashback and loans up to 85% of the value of the property.

Related topics:  Mortgages
Millie Dyson
26th May 2010
Mortgages

The new range includes a free standard valuation free legal service and no product fees. With rates from 5.19% fixed for 2 years a borrower with a deposit of as little as 15% of the value of their home could find the route to their first property starts with the Yorkshire.

The new mortgages (each up to 85% LTV) include:

- 2 year fixed rate 5.19% with free valuation, free legal fees and no product fee.

- 3 year fixed rate 5.49% with free valuation, free legal fees and no product fee.

- 5 year fixed rate 5.79% with free valuation, free legal fees and no product fee.

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

"With so many other things to buy to furnish that first home, we know that first time buyers need a little help when it comes to fees. This range, exclusive to first time buyers, also offers 500 cashback which might just be enough to get that flat-screen for the World Cup.
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