Yorkshire Building Society three-year fixed-rate mortgage 'offers good value'

Date:Tuesday 10th August 2010
Author: Max Freedman

A new Yorkshire Building Society three-year fixed-rate mortgage offers customers good value for money, as well as peace of mind, according to a representative from the firm.

Tom Girling, product manager for mortgages at the organisation, suggested the competitive interest rate of the home finance deal is just one reason to choose the arrangement.

He cited the quality of the service customers will receive and the security that comes with a fixed-rate contract as other benefits.

"Although we are currently in a low base rate environment, it is almost inevitable that rates will rise over the next few years," said Mr Girling.

The Yorkshire Building Society three-year fixed-rate mortgage is available at 3.65 per cent and 4.59 per cent interest, for borrowers who have a 25 per cent and 15 per cent deposit respectively.

Last month, the firm unveiled its financial results for the first half of the year, with the company recording pre-tax profits of £65.4 million.