Yorkshire Building Society has reduced the price of its three-year fixed rate mortgage by 0.10%, cementing its position on the Moneyfacts charts and earning it an 'excellent' rating as a result.
This mortgage now has a competitive rate of 2.39% fixed until 31.1.19, enabling it to sit comfortably in the charts. It is available at a loan-to-value (LTV) of 85% and has a fee of £975.
This deal is open to all borrowers with a 15% deposit. Although there is no incentive package accompanying it, borrowers are given a considerable amount of repayment flexibility, with overpayments, underpayments and payment holidays all accepted provided certain conditions are met.
Remember, in order to secure a mortgage, credit card or personal loan you need to have a good credit rating. To find out if yours has a clean bill of health, contact a credit check provider, such as Experian CreditExpert to investigate your credit report.
Borrowers looking for a competitive fixed rate mortgage are likely to welcome this rate reduction, which has made this deal an even more attractive option. The array of repayment options also mean that borrowers will have a considerable amount of control over how they manage their balance, provided they meet the conditions.
Moneyfacts rating: Excellent
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