Latest mortgage news and deals and offers from the Yorkshire Building Society
Home buyers can now benefit from lower fixed rate mortgage deals as the money market signals that a rise in the base rate is in some way off yet.
Historically 5 year fixed rate mortgages with a rate below 5% was considered a good deal, therefore seeing rates as low as 3.99% for a 10 term is quite remarkable. Read more
Customers of the internet bank Egg are set to move to Yorkshire Building Society following a move by the northern based company to purchase Egg’s customers. The move which was announced recently still requires approval in the courts as it will mean £2.5 billion of savings and £430 million in mortgages will move to the Yorkshire Building Society. Read more
Recently the Yorkshire Building Society has reviewed its mortgage range and is cutting the rates on a number of its products. As part of the review into the Yorkshire Building Societies mortgage range they have decided to cut interest rates on their two year fixed rate mortgages as well as their five year fixed rate mortgage range. These changes have resulted in the Yorkshire Building Society being catapulted to the top of the mortgage best buy tables. Read more
Low mortgage rates are here for the foreseeable future as banks and building societies fight to pull in a larger share of the mortgage market. One thing to look out for amongst all the headline grabbing rates is the fees that are associated with some of these deals. Read more
What will happen next, this is the question on everyone’s lips. Will the base rate change, will it maintain it’s record low, will lenders continue to compete for customers and reduce rates even further. All good questions and key questions if you are looking to invest in the near future. Read more
Every year sees at least one or two building societies join forces and merge into bigger companies and set their sights on expansion and increased revenue. The latest could potentially see the merger of the second biggest building society, Yorkshire, merge with the ninth largest, Norwich and Peterborough. Read more
In the last few months the Yorkshire building society has been going all out to attract new customers. For some time now they have topped the best buy tables in terms of value and pricing. A good example of their marketing leading rates is their 2.29% two year tracker which has a fee of £995 and a loan to value of 60%. By pushing some of the best deal on the market, Yorkshire Building Society has managed to treble its number of mortgages in 2010. Read more
The northern based Yorkshire Building Society has announced that is raising the price of some of its fixed term mortgages. The news comes at the same time as many other lenders are increasing their prices due to the cost of swap rates going up which in turn increases the cost of lending. Read more