Top 5-year mortgage from Yorkshire BS | Product News - Moneyfacts

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Top 5-year mortgage from Yorkshire BS

Top 5-year mortgage from Yorkshire BS

Category: Mortgages
Date: 09/09/2013

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 It is now over 6 months old so the content may be out of date.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 increased the rate slightly on its chart-topping five-year fixed rate mortgage for borrowers with at least a 35% deposit.

The basics…

At 2.84% fixed for five years, this product at 65% loan-to-value is still highly competitive.

It is available to first and second-time buyers as well as those remortgaging.

Fees: completion £345, arrangement £130.

The finer details…

Incentives include free valuation and legal fees for those remortgaging as well as a £500 rebate on completion for first and second-time buyers.

This flexible product allows underpayments and overpayments.

Borrowers will also be able to take payment holidays.

Why we like it…

Despite the rate increase, this product retains its top spot position in the Moneyfacts Best Buys for five-year mortgages. A generous incentive package and below average fee will further add to its appeal.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the top six 5+ year mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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