Chart-topping 3-yr fixed mortgage gets rate cut | Product News - Moneyfacts

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Chart-topping 3-yr fixed mortgage gets rate cut

Chart-topping 3-yr fixed mortgage gets rate cut

Category: Mortgages
Date: 19/04/2016

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 It is now over 6 months old so the content may be out of date.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 enhanced the competitiveness of its highly attractive three-year fixed mortgage by reducing the rate by 0.02%, ensuring that it remains in pole position in the charts.

The basics…

This mortgage now has a rate of 1.87% fixed until 30.7.19, the lowest rate available in its sector. It is offered at a loan-to-value (LTV) of 65% and has a fee of £975.

The finer details…

All borrowers in possession of a 35% deposit are welcome to apply for this deal, which offers considerable repayment flexibility: overpayments, underpayments and payment holidays are all permitted, provided certain conditions are met.

Why we like it…

This deal was already sitting pretty at the top of the charts, but this latest reduction has reinforced its position. Borrowers who are looking to keep their monthly repayments down will welcome this latest update, as well as the considerable repayment flexibility. This is an outstanding product that fully deserves the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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