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Yorkshire BS stands out from the mortgage crowd

Yorkshire BS stands out from the mortgage crowd

Category: Mortgages

Updated: 25/11/2009
First Published: 12/11/2009

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 It is now over 6 months old so the content may be out of date.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 BS is offering something a little bit different to borrowers with the addition to its range of the new Stepped variable rate tracker mortgage .

Unlike traditional stepped offerings, with this product the interest rate reduces each year.

Therefore, if bank base rate begins to rise, the reducing loading will help minimise the impact it has on monthly mortgage payments.

The average rate of 2.99% over the three year term of the deal stands up well against its competitors, while a low fee of £495 will add to its appeal.

Incentives including a flexible option and for remortgages a free valuation and free legal fees are attractive too.

For daring to stand out from the crowd, this product earns four out of five Moneyfacts stars.

Compare variable rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.