Yorkshire Building Society has unveiled a highly competitive three-year fixed rate mortgage deal, which has subsequently earned itself the highest accolade from Moneyfacts.
This mortgage has a competitive rate of 1.99% fixed until 30.4.18, enabling it to sit proudly in the Moneyfacts charts. It is available at a loan-to-value (LTV) of 65% and has a competitive fee of £475.
This deal is only available to house purchase customers with a deposit of 35%, all of whom can benefit from an incentive package of a £500 rebate. A similar product aimed at remortgage customers is also available.
This mortgage also offers borrowers considerable repayment flexibility, with overpayments, underpayments and payment holidays all permitted provided certain conditions are met.
This mortgage is also available from branches of Chelsea Building Society.
The entrance of this deal on the market is unlikely to go unnoticed thanks to the eye-catching rate and tempting incentive package. Borrowers with the right deposit are also likely to be tempted by the flexible repayment options and the competitive fee. 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 Any products featured may be withdrawn by their provider or changed at any time.
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