‘Outstanding’ mortgage for FTBs | Product News - Moneyfacts

Product News

‘Outstanding’ mortgage for FTBs

‘Outstanding’ mortgage for FTBs

Category: Mortgages
Date: 05/02/2016

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 It is now over 6 months old so the content may be out of date.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 given first-time buyers something to celebrate with its introduction of a highly competitive two-year fixed deal, which has swept straight into the Moneyfacts charts and earned the top accolade as a result.

The basics…

This mortgage has an attractive rate of 3.68% fixed until 30.4.18, enabling it to sit comfortably among its peers. It is available at a loan-to-value (LTV) of 95% and has a fee of £975.

The finer details…

This deal has been designed specifically for first-time buyers who are in possession of a modest deposit of 5%. An enticing incentive package consisting of a £500 rebate upon completion accompanies this deal, and borrowers can also take advantage of a plethora of flexible repayment options: underpayments, overpayments and payment holidays are all permitted, provided certain conditions are met.

Why we like it…

This deal has earned the top accolade – and with good reason. Not only does it boast a competitive rate, but it also possesses an enticing incentive package and flexible repayment options, which will appeal to those who are looking for both a cost-effective deal and one that gives them greater control over their repayments. In short, this is an outstanding mortgage 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close