Yorkshire Building Society adds new two-year fixed-rate mortgage to product range

Date:Wednesday 24th March 2010
Author: Susanna Kavka

Tom Girling, mortgage product manager for the lender, said it now offered a "great range" of mortgage products which would reflect the continued stretch of confidence within the housing market.

Commenting on the entire product range, he added: "The low fee on both the fixed and tracker products should also prove very attractive to customers as many of the other competitive deals in the market still require a high upfront fee."

Mr Girling stated that customers could view or purchase the offers online or in a local branch of the building society.

The mortgage industry has welcomed the proposals laid out in Alistair Darling's Budget today (March 24th) for new regulations regarding stamp duty and loan-to-value ratios for first-time buyers.

Especially since the Council of Mortgage Lenders' estimation that the stamp duty threshold would be raised to £250,000 has been confirmed.