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Yorkshire launches best buy mortgages
Thu, 22 Jul 2010
Yorkshire Building Society is launching two new best-buy mortgage deals for Britons who need to borrow up to 90 per cent of the value of their property .

The mortgage provider says that for those consumers who would like a little extra help with the initial costs of their mortgage, similar products are also available at 5.19 per cent fixed for two years or 5.89 per cent fixed for three years.

Both of the new mortgage products carry a £495 fee, a free standard valuation and free legal service for those buying a property .

Alternatively, those looking to remortgage can benefit from free standard valuation and £250 cashback .

Tom Girling, the provider's product manager for mortgages, commented: "At the Yorkshire, we're trying to help as many people as possible obtain a mortgage and offering fixed rate loans to borrowers with a ten per cent deposit is just one of the many steps we have taken to diversify our product range."

Data from the Council of Mortgage Lenders revealed recently that gross mortgage lending in June was an estimated £13.1 billion, a 15 per cent rise from £11.4 billion in May.

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