Yorkshire Bank mortgages 'drive forward energy efficiency'

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Yorkshire Bank mortgages 'drive forward energy efficiency'

Yorkshire Bank's new range of mortgages has a series of features which will be of advantage to homeowners.

The group's 'No Fees' mortgages possess no product, legal or standard valuation fees.

With the range of Yorkshire mortgages also having no money transfer fees or higher lending charges for those looking to remortgage, David Heshon, product development manager at the group, said there would be "no additional up-front costs".

The fixed-rate Yorkshire mortgage can be purchased for a five or ten-year term, with both having rates of 5.89 per cent.

For people moving home, the maximum loan-to-value (LTV) rate is 95 per cent, while the LTV for remortgagers is set at 90 per cent.

Mr Heshon described how there had been an "inexorable" rise in product fees in recent months.

"It has become increasingly difficult for customers to work out what the best deal is," he added.

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