New remo deals from the Yorkshire

Published on

The Yorkshire Building Society has reduced rates on selected fee-free fixed rate remortgages and added £300 cashback, free standard valuation and free legal fees.

The society has also extended its end dates to December.

Thousands of mortgage deals worth more than £26 billion are coming to an end in October alone.

New deals include:

  • 1.87% two-year fixed rate remortgage for homeowners requiring 65% loan to value (LTV)
  • 2.14% five-year fixed rate remortgage (65% LTV)
  • 1.95% two-year fixed rate remortgage (75% LTV)
  • 2.19% five-year fixed rate remortgage (75% LTV)

The packages are also available to borrowers with limited equity. Those requiring 90% LTV can take advantage of a fee-free rate of 2.21%, while those with 5% equity can get the same deal with a rate of 3.35%. Both rates come with the £300 cashback, free standard valuation and free legal fees.

Charles Mungroo, senior mortgage manager at Yorkshire Building Society, said: “The largest mortgage maturity period of the year is upon us and we’re keen to give borrowers looking for their next deal a range of competitive options.

“We’ve removed completion fees and added a host of additional features to many of our remortgages to help those renewing their home loan keep upfront costs down.

“With so much economic uncertainty in the coming months we appreciate borrowers may be planning ahead and wanting to arrange their home loan before the fall-out of Brexit is known. All our mortgage offers are valid for six months so if that’s the case, homeowners could choose a new rate now and have the reassurance their mortgage is arranged and ready to renew when their current deal expires – regardless of what happens when the UK is due to leave the EU.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Beagle Street expands adviser protection range with Critical Illness Plus

Beagle Street has launched Critical Illness Plus into the intermediary market, offering cover for...

Majority of first-time buyers now face higher mortgage payments than rent

More than half of first-time buyers moving from rented accommodation into homeownership are taking...

Foundation gains workplace accreditation after 93% staff approval

Specialist lender Foundation has secured Great Place To Work certification after 93% of its...

‘The Godfather’ joins Mortgage’s Got Talent judging panel

John ‘The Godfather’ Malone has been recruited as a judge for Mortgage’s Got Talent,...

Royal London introduces AI menopause support tool for staff

Royal London has launched an AI-powered tool designed to help employees and managers access...

Latest publication

Other news

Beagle Street expands adviser protection range with Critical Illness Plus

Beagle Street has launched Critical Illness Plus into the intermediary market, offering cover for...

Majority of first-time buyers now face higher mortgage payments than rent

More than half of first-time buyers moving from rented accommodation into homeownership are taking...

Instamo and Fluxifi AI agree integration to simplify mortgage submissions

Mortgage advisers using Fluxifi AI will gain access to Instamo's FastSubmit technology through a...