Clydesdale and Yorkshire Banks are launching a mortgage deal (Tuesday 3rd May 2011) which is guaranteed to put a spring in the step of homeowners.
The Banks are halving arrangement fees for anyone taking a new mortgage or switching to Clydesdale and Yorkshire Banks* before July 2nd, 2011.
This half price arrangement offer applies to a range of fixed rate products as well as the Banks’ two year discounted Standard Variable Rate (SVR) offset mortgages.
The full range of products included is:
Products | Rate | Original Fee | New Fee |
2 Year Residential Fixed < 65% | 3.49% | £999 | £499 |
2 Year Residential Fixed < 75% | 3.79% | £999 | £499 |
2 Year Residential Fixed < 80% | 4.39% | £999 | £499 |
2 Year Residential Fixed < 85% | 5.19% | £999 | £499 |
2 Year Residential Fixed < 90% | 5.99% | £999 | £499 |
5 Year Residential Fixed < 65% | 4.59% | £999 | £499 |
5 Year Residential Fixed < 75% | 4.99% | £999 | £499 |
5 Year Residential Fixed < 80% | 5.49% | £999 | £499 |
5 Year Residential Fixed < 85% | 5.99% | £999 | £499 |
5 Year Residential Fixed < 90% | 6.69% | £999 | £499 |
2 Year Discounted SVR Offset < 65% | 2.59% | £999 | £499 |
2 Year Discounted SVR Offset < 75% | 2.99% | £999 | £499 |
2 Year Discounted SVR Offset < 80% | 3.99% | £999 | £499 |
Offset Variable Rate <85% | 4.59% | £999 | £499 |
Rapid / Flexi Repay <60% | 3.79% | £999 | £499 |
Rapid / Flexi Repay <75% | 3.99% | £999 | £499 |
Steve Reid, Retail Director for Clydesdale & Yorkshire Banks, said: “In a climate when people are looking after their purse-strings, our mortgage fee sale is just one of the ways that we are looking to support our customers.
“At a time when borrowers are looking for competitive mortgages we are more focused than ever on ensuring that we continue to deliver value for money products coupled with the high level of service that our customers have grown to expect.”
Your Mortgage magazine recently named Clydesdale Bank ‘Best Mortgage Lender in Scotland’ for the 7th year running and Yorkshire Bank ‘Best Regional Lender’ for the twelfth time.
For more information please contact 0800 22 24 26 (opening hours 9am – 5pm Mon-Fri) or visit www.cbonline.co.uk or www.ybonline.co.uk.
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.