Clydesdale and Yorkshire Banks launch range of new mortgages
20th December 2013
Mortgage hunters have been given a boost today (Friday 20th December 2013) with the launch of a new range of mortgages from Clydesdale and Yorkshire Banks.
As well as products for those looking to take their first step on the property ladder, there are a number of mortgages fixed for two and five years which come with a £500 cashback offer and no arrangement fees on selected products*. The first time buyer and fee offer mortgages come with a free standard valuation and there is no funds transfer fee.
Examples of First Time Buyers Mortgages - No Arrangement Fee
| Product | Rate | £500 Cashback |
|---|---|---|
| Three year residential fixed < 90% | 3.99% | Yes |
| Three year residential fixed < 95% | 4.99% | Yes |
Examples of Fee Offer Mortgages – No Arrangement Fee
| Product | Rate | £500 Cashback |
|---|---|---|
| Two year residential fixed <60% | 2.69% | Yes |
| Two year residential fixed <90% | 4.29% | Yes |
| Five year residential fixed <60% | 3.59% | Yes |
| Five year residential fixed <90% | 4.59% | Yes |
Examples of Standard Fee Mortgages**
| Product | Rate | Arrangement Fee |
|---|---|---|
| Two year residential fixed <60% | 2.19% | £999 |
| Two year residential fixed <90% | 3.89% | £999 |
| Five year residential fixed <70% | 3.39% | £999 |
| Five year residential fixed <90% | 4.29% | £999 |
Andrew Pearce, Retail Director for Clydesdale and Yorkshire Banks, said: “We understand that people have different needs so we have extended our range of mortgages to meet these varied demands.
“We have fixed rate mortgages for two and five years as well as a number of products with no arrangement fee. There is also the opportunity to benefit from a £500 cashback on selected products depending on individual requirements and circumstances.”
Clydesdale and Yorkshire Banks have a range of competitive mortgages and for more information, ask your branch or contact 0800 22 24 26 for Clydesdale Bank or 0800 20 21 22 for Yorkshire Bank or visit www.cbonline.co.uk or www.ybonline.co.uk
*Terms and conditions apply.
**Standard fees apply.
This offer is only available until February 16th 2014. £500 cashback will be paid on mortgage drawdown. Minimum loan amount of £25,000 applies.
You can find impartial information and guidance on money matters on the “Money advice service” website.
Yorkshire Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.