Yorkshire Building Society cuts rates and fees
www.moneynews.co.uk > Mortgages > Yorkshire Building Society cuts rates and fees
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Money News |
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Yorkshire Building Society cuts rates and fees
Wed 10th Sep 2008
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The deals are available to borrowers who are moving home as well as those simply switching their mortgage.
A choice of two, three, five and ten-year fixed-rate options are available for up to 90 per cent of the property price, with rates starting from 5.29 per cent.
Fees start at £495 and some deals with higher interest rates include free legal and valuation costs for remortgagers.
Tom Girling, mortgage product manager at the Yorkshire Building Society said that swap rates have fallen and that the institution wished to help borrowers benefit as a result.
In related news, the Royal Institute of Chartered Surveyors (Rics) said that recent figures from the Council of Mortgage Lenders demonstrated "very real problems" for first-time buyers.
Rics said in a statement that while the new stamp duty holiday would help, "more needs to be done to boost liquidity".
Click here for more mortgage news.
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Related News : Housing market |
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