2.64% 5+ Year Fixed Offset until 30/09/18 @ Yorkshire BS Mortgages
-57°Expired

2.64% 5+ Year Fixed Offset until 30/09/18 @ Yorkshire BS Mortgages

12
Found 27th Jun 2013
Available for:
Moving Home
Remortgaging from other lender
First Time Buyers
Interest rate:
2.64% fixed until 30/09/18 then our Standard Variable Rate, currently 4.99% variable, for the remaining term of your mortgage
Equivalent savings rate:
3.30% basic rate taxpayer
4.40% higher rate taxpayer
4.80% additional rate taxpayer
The overall cost for comparison is:
4.1% APR
Minimum loan amount:
£25,001
Maximum Loan to Value:
65%
Fee Assistance:
None
Additional Features:
None
Product fee:
£1,345 is added to your mortgage on completion.
Higher lending charge:
None
Early Repayment Charges:
5% to 30/09/16
4% to 30/09/17
3% to 30/09/18
If the product is repaid in full or in part, or transferred (in full or in part), an Early Repayment Charge is payable as described above.
Overpayment allowance:
99.9% overpayments (monthly or lump sum) are allowed. However, if the product is repaid in full or, transferred in full or part, an Early Repayment Charge will be payable as described above.
Mortgage fee:
£90 (payable on redemption of your mortgage)
Mortgage Application Processing Fee:
A mortgage application processing fee of £130 is payable on all mortgage applications. This fee is payable on application and is strictly non-refundable. This fee is charged to cover the costs involved with processing a mortgage application.
How to apply:
- Online
- in branch
- by Telephone

12 Comments

Good for people who meet this criteria:
Maximum Loan to Value:
65%

I do not. thanks anyway though.

The fees are quite high. You forgot to include all fees in your deal title. It should say £1565
i.e. Product fee + Mortgage fee + "mortgage application processing fee" [WTF?!]

= £1,345 + £90 + £130
= £1565

Edited by: "reakt" 27th Jun 2013

Original Poster

reakt

Good for people who meet this criteria:Maximum Loan to Value:65% I do … Good for people who meet this criteria:Maximum Loan to Value:65% I do not. thanks anyway though.The fees are quite high. You forgot to include all fees in your deal title. It should say £1565i.e. Product fee + Mortgage fee + "mortgage application processing fee" [WTF?!]= £1,345 + £90 + £130= £1565


Thanks. Updated.
The fees are nothing compared to the potential savings as it is an offset mortgage.
Your "WTF" is not welcomed here.
Edited by: "grom10" 27th Jun 2013

grom10

Your "WTF" is not welcomed here.



WTF?

Original Poster

Low fee mortgage but without offset facility:
hotukdeals.com/dea…622

delusion

WTF?



Maybe not welcomed, but justified and deserved.

CRAP DEAL!! You can get lower % with much lower fees if you shop around.

grom10

Your "WTF" is not welcomed here.


Oh sorry I'm in your house am I?
Edited by: "reakt" 27th Jun 2013

Original Poster

stedoc1

You can get lower % with much lower fees if you shop around.


Those are not 5 year ones.

Original Poster

reakt

Oh sorry I'm in your house am I?


No, but in your first comment you wrote to me personally as you said "You forgot to include". Therefore in the context of my reply "here" was not used to denote a physical or virtual location but was used metaphorically. Anyway, I would prefer to discuss the deal rather than your stupidity.

grom10

I would prefer to discuss the deal rather than your stupidity.


You're just sour that your deal went cold.

Blazing deal for an offset mortgage. Really not sure why this is cold. Do the maths, factor in the costs, esp if you are a 40% taxpayer. You could dump all your savings in here, reduce your payments, pay less tax and legitimately pretend your name is Amazon...

Monaco Blue

Blazing deal for an offset mortgage. Really not sure why this is cold. … Blazing deal for an offset mortgage. Really not sure why this is cold. Do the maths, factor in the costs, esp if you are a 40% taxpayer. You could dump all your savings in here, reduce your payments, pay less tax and legitimately pretend your name is Amazon...



or Starbucks! ; )
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