'Protect household budgets' with a Yorkshire Building Society mortgage

Date:Thursday 28th October 2010
Author: Max Freedman

A new Yorkshire Building Society mortgage could help people's financial situation, according to a source at the firm.

Tom Girling, product manager at the company, urged people to check out its two-year fixed-rate deal at 2.89 per cent, rather than pay high product, legal and valuation fees to secure a competitive home finance arrangement.

In his opinion, this is one way to ensure that the household budget is not ruined by switching to a new agreement.

The Yorkshire Building Society mortgage is available at up to 75 per cent loan to value and demands a product fee of £496, while valuation and standard legal advice are free.

"As lenders compete for the headlines, it's important that homeowners look beyond the headline rate when they choose their next mortgage," Mr Girling said.

Last week, the firm announced a new business partnership with Killick Employee Services, which will see the development of the All2gether Better share plan.