2-yr fixed mortgage deal stays in the charts | Product News - Moneyfacts

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2-yr fixed mortgage deal stays in the charts

2-yr fixed mortgage deal stays in the charts

Category: Mortgages
Date: 06/10/2015

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Yorkshire Building Society has increased the price of its two-year fixed rate mortgage, but despite this, it has maintained its competitive edge and retained a market-leading place in the Moneyfacts charts.

The basics...

This deal now has a competitive rate of 1.44% fixed until 31.1.18, the top rate for its terms, enabling it to remain at the top of the charts. It is available at a loan-to-value (LTV) of 75% and has a fee of £975.

The finer details…

All borrowers with a deposit of 25% are welcome to apply for this mortgage. There are no incentives offered, but borrowers can benefit from a range of repayment options: overpayments, payment holidays and underpayments are all permitted, provided certain conditions are met.

Why we like it…

The rate of this mortgage may have risen slightly, but it's still the lowest in its sector and offers eligible borrowers a competitive and eye-catching deal. Borrowers will be particularly pleased by the wide range of repayment options, which give them some welcome flexibility.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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