Clydesdale and Yorkshire Banks Launch New Mortgage Rates for First Time Buyers
16th July 2015
Clydesdale and Yorkshire Banks today have launched new mortgage rates for First Time Buyers.
The Banks are committed to supporting new homeowners to take their first steps onto the property ladder and have introduced new lower rates, including a 90% LTV mortgage at 3.49% and a 95% LTV mortgage at 4.59%*.
As well as competitive rates, the mortgages also offer no arrangement fees, no valuation fees and £250 cashback*.
Examples of First Time Buyer Mortgages*:
| Product Name | Max loan to value | Initial rate | Cashback Offer | Arrangement Fee | Valuation Fee |
|---|---|---|---|---|---|
| FTB 3 year fixed rate | 90% | 3.49% | £250 | £0 | £0 |
| FTB 3 year fixed rate | 95% | 4.59% | £250 | £0 | £0 |
Steve Fletcher, Director of Retail Banking, Clydesdale and Yorkshire Banks, said: “We understand how difficult buying a new home can be and we hope that with our fee free offer, new rates and of course our friendly and expert personal advice, we will be able to help even more potential buyers take their first step onto the property ladder.”
For more information, customers can contact their local branch, call 0800 22 24 26 for Clydesdale Bank or 0800 20 21 22 for Yorkshire Bank, or visit our websites: www.cbonline.co.uk or www.ybonline.co.uk
Clydesdale and Yorkshire Banks recently won the ‘Best First Time Buyer Mortgage Provider’ award for the second year in succession at the 2015 Moneyfacts Awards.
*Terms and conditions apply. Loans are subject to status.
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.