Your home may be repossessed if you do not keep up repayments on your mortgage
Link your Yorkshire Bank current and savings accounts, and even some business accounts, to your mortgage and save on interest payments. And enjoy a discount on your interest rate for the first two years.
|Mortgage name||Offset 2 year discounted repayment mortgage|
|Initial rate expires on||31st March 2016|
|Rate thereafter||Standard Variable Rate, currently 4.95%|
|Overall cost for comparison||4.8% APR|
|Maximum loan to value||80%|
|Arrangement fee||£499 now £0 for existing mortgage customers.
£999 now £0 for new customers.
|Option to add legal fees to mortgage||Yes|
|Legal fees||None for existing mortgage customers switching to a new deal
None if you switch your mortgage from another lender and use our solicitors
|Valuation fee||None for existing mortgage customers switching products
None if you use our valuation panel for a standard valuation
|Special offers||No arrangement fee or Funds transfer fee, and a free standard valuation|
|Special features||At the end of the discounted period you can make extra payments or repay your whole mortgage without penalty
Link up to six Yorkshire Bank current and savings accounts to save on interest payments and repay your mortgage early
You can even combine your business credit balances – available to sole traders and simple partnerships (two or more people in business and with their mortgage together; for example, a husband and wife or civil partnership couple)
|Early repayment charge||3% in year 1
2% in year 2
|Eligibility||Applicants must be aged 18 or over. All loans are subject to status. Security will be required|