By June 18, 2013 Read More →

Yorkshire introduces longer term mortgages

ybs1

Yorkshire Building Society is maintaining its reputation for offering competitive mortgages with the announcement that it will make price reductions to its longer term products.

From Thursday 20th June the Yorkshire will be cutting the rate on its ten year mortgage to 3.89%, 75% LTV (loan to value) and it is available fee free.  They will also launch a new five year mortgage, available at 2.44%, 65% LTV with a £1,345 fee.

“We have witnessed a real demand for our longer term mortgages and are confident that these latest rate cuts will be welcome news to the mortgage market.  We understand that for most home owners their monthly mortgage payment is one of their biggest financial commitments and these excellent competitive rates help them plan for the longer term,” said Yorkshire Building Society product manager Brendan Gilligan.

The Society will also be launching a 2 year mortgage (65% LTV) at 1.69%, with a £1345 fee.

Posted in: Mortgages

About the Author:

Danny Wilson is an expert on all aspects of personal finance and has worked in the industry for long enough to know better....

Comments are closed.