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Clydesdale and Yorkshire Banks Launch Range of New Mortgages

26th August 2014

Mortgage hunters have been given a boost today (Tuesday 26th August 2014) with the launch of a new range of mortgages from Clydesdale and Yorkshire Banks.

There are a number of competitive mortgages fixed for two and five years which come with a £500 cashback offer and no arrangement fees on selected products*.

Examples of Fee Offer Mortgages – No Arrangement Fee*

Product Rate £500 Cashback
Two year residential fixed <90% 4.29% Yes
Two year residential fixed <85% 3.49% Yes
Five year residential fixed <90% 4.79% Yes
Five year residential fixed <85% 4.49% Yes

The Banks also offer a range of mortgages fixed for two or five years with an arrangement of £999 and a £500 cashback offer.

Examples of Standard Fee Mortgages*

Product Rate Arrangement Fee Cashback
Two year residential fixed <90% 3.99% £999 £500
Two year residential fixed <85% 3.19% £999 £500
Five year residential fixed <90% 4.69% £999 £500
Five year residential fixed <85% 4.19% £999 £500

Steve Fletcher, Head of Clydesdale and Yorkshire Bank Retail Network, 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 offer on selected products depending on individual requirements and circumstances.”

For more information, customers can contact their local branch on 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

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