Yorkshire Building Society has announced the launch of two new mortgages - the 2-year and 5-year fixed rate deals both charging 5.99%. And coming with fees of £1,995 and £2,495 respectively.
The new products, available from June 23rd, allow the fees to be added to the mortgage loan, even if the maximum 75% loan to value has already been borrowed.
Meanwhile, borrowers can overpay on their mortgage by up to 10% each year if they wish to repay the fee in a shorter time than the full mortgage term.
Free legal and valuation services are also provided with these products for borrowers who are re-mortgaging.
19 June 2008 © Moneyextra.com
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