‘Outstanding’ mortgage for home buyers | Product News - Moneyfacts

Product News

‘Outstanding’ mortgage for home buyers

‘Outstanding’ mortgage for home buyers

Category: Mortgages
Date: 22/04/2015

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 It is now over 6 months old so the content may be out of date.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 amended selected mortgage rates, with its five-year fixed deal for house purchasers receiving a 0.30% reduction, enabling it to win an 'outstanding' rating.

The basics…

This mortgage has a competitive rate of 4.89% fixed to 31.7.20. It is available at a loan-to-value (LTV) of 95% and has a low fee of £130.

The finer details…

This deal is only open to house purchase customers with a modest deposit of 5%. All borrowers can benefit from a generous incentive package of free valuation and a £250 rebate upon completion.

Borrowers are also given a great deal of repayment flexibility, with overpayments, underpayments and payment holidays all permitted provided certain conditions are met.

Why we like it…

For borrowers looking for a competitive mortgage to fund their house purchase dreams, this deal is an eye-catching option. The low fee, enticing incentive package and highly flexible repayment options all serve to make this mortgage an attractive offer that will appeal to those with only a modest deposit. 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close