A fee free mortgage boost for first time buyers and homeowners looking to remortgage or switch to Yorkshire Bank has been extended until Tuesday 31st July 2012.
The fee free offer, which is now available until the end of July, represents a saving of up to £999.
The Bank launched the first time buyers’ offer in May and last month extended it to homeowners looking to remortgage or switch to a Yorkshire Bank mortgage.
Steve Reid, Retail Director for Yorkshire Bank, said: “The Bank’s fee free mortgage offer is designed to help people find the right mortgage to suit their individual needs without having to pay an arrangement fee and we have had a great response to the offer so far.
“Now the offer has been extended until the end of July we anticipate an even greater uptake from buyers who want to take advantage of this saving.”
The Bank remains committed to helping homeowners take the first step onto the property ladder. Yorkshire Bank offers a three year rate fixed at 5.99% for buyers with a 5% deposit* and a three year fixed rate at 4.99% for buyers with a 10% deposit.
In addition, customers re-mortgaging from another lender won’t have to pay any legal or valuation fees* and may be interested in a five year deal fixed at 3.79% for a 65% loan-to-value mortgage.
Among the first new house buyers to benefit from Yorkshire Bank’s fee free mortgage offer are Terri Sparks and her fiancé, Andrew Johnson, from Sheffield.
Terri, a 20 year-old shop assistant, and Andrew, a 25-year old welder, are getting married in August and have been saving for two years for a deposit on their first home together.
Impressed by the Bank’s fee free offer the couple took advantage of the short term deal and saved £599 by taking Yorkshire Bank’s First Time Buyer 95% LTV at a rate of 5.99%.
Terri and Andrew will pick up the keys to their new three bedroom home in North Sheffield at the end of July.
|Current Rate||Standard Fee||Special Offer|
|2 Year Residential Fixed < 65%||3.49%||£999||£0|
|2 Year Residential Fixed < 75%||3.69%||£999||£0|
|2 Year Residential Fixed < 80%||3.99%||£999||£0|
|2 Year Residential Fixed < 85%||4.69%||£999||£0|
|2 Year Residential Fixed < 90%||5.59%||£999||£0|
|3 Year Fixed FTB < 90%||4.99%||£599||£0|
|3 Year Fixed FTB < 95%||5.99%||£599||£0|
|5 Year Residential Fixed < 65%||3.79%||£999||£0|
|5 Year Residential Fixed < 75%||4.09%||£999||£0|
|5 Year Residential Fixed < 80%||4.49%||£999||£0|
|5 Year Residential Fixed < 85%||5.19%||£999||£0|
|5 Year Residential Fixed < 90%||5.89%||£999||£0|
|2 year offset discount <65%||3.25%||£999||£0|
|2 year offset discount <75%||3.35%||£999||£0|
|2 year offset discount <80%||4.15%||£999||£0|
|Offset Variable <85%||4.95%||£999||£0|
For more information visit your local branch or contact 0800 20 21 22 for Yorkshire Bank or visit www.ybonline.co.uk
*Terms and conditions apply.