Clydesdale and Yorkshire Banks have announced new market-leading mortgage rates.
The lenders revealed first-time buyers can now take advantage of the lenders’ two-year fixed-rate products, which boast a rate of 2.99 per cent up to 65 per cent loan-to-value.
There is no arrangement fee on the deal – which is available until November 11th this year – and means those who put pen to paper on the agreement can make savings of up to £999 as a result.
Steve Reid, retail director for Clydesdale and Yorkshire Banks, which are members of the National Australia Bank Group, noted: “Over the past six months we have continued to provide mortgage hunters products that offer Best Buy rates combined with arrangement fee savings.”
Mr Reid explained these home loans – designed to help individuals source the mortgage most suited to their personal needs – have proved highly popular.
He added the banks expect to see even more homebuyers expressing an interest in the products before they are withdrawn from the market in November this year.