Yorkshire Building Society 10-year fixed mortgage 2.54%, £995 fee, up to 75% LTV.
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Yorkshire Building Society 10-year fixed mortgage 2.54%, £995 fee, up to 75% LTV.

10
Found 8th Mar
Fancy fixing your mortgage for the next decade? If you do, Yorkshire building society has the following deal:
  • 10-year fix at 2.54%
  • £995 fee
  • Available up to 75%
  • Overpayments of up to 10% of the balance

There’s also a fee-free option:
  • 10-year fix at 2.75%
  • No fee
  • Available up to 75%
  • Home moves get free standard valuation and £250 cashback
  • Remortgages get free standard valuation and free legal fees.
  • Overpayments of up to 10% of the balance

All YBS 10-year fixes are “portable” – meaning borrowers can take their mortgage with them if they move house during the term of the home loan. However, it’s worth pointing out that most lenders will re-do affordability and credit checks if you port a mortgage to a different property so there’s not actually a guarantee you can simply move and take your mortgage with you.

Should you fix for 10 years?
There are pros and cons to fixing for 10 years. For starters no one know where they’ll be in 10 years – you might be married/divorced/have 10 kids and need a bigger house. However, no one knows what interest rates will do over the next decade either so fixing for 10 years will protect you from any rate rises.

How to compare mortgages
As always, it’s important to calculate the total cost of a mortgage deal. You can do this by adding together the total monthly payments over the fixed period (10 x 12 = 120 payments in this case) then adding any product fee minus any cashback.
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10 Comments
This is a good sign that interest rates aren't looking like climbing dramatically in the mid term. Fixed rate mortgages are worth watching to understand what the lenders really think interest rates are doing.
Great time to fix for 10yrs.
My nephew just got this (or similar) and seems like a good option especially with the uncertainty of Brexit.
Max I could go for was 5 this wouldve been nice but I just cannot afford to put down 25%
Might wanna hold off 200 days until the Pandemic flu tails off
I can't see this on their website. Has anyone else found it?
nailsy1 h, 0 m ago

I can't see this on their website. Has anyone else found it?


It doesn't come up for me and we have a very low LTV.
89quidyoucantgowrong10 h, 54 m ago

This is a good sign that interest rates aren't looking like climbing …This is a good sign that interest rates aren't looking like climbing dramatically in the mid term. Fixed rate mortgages are worth watching to understand what the lenders really think interest rates are doing.


If/when the debt crisis appears, and rates go to the moon, your mortgage issuer will write to you giving six months' notice of their revised rate. Read your contract line by line.
just got 10 year fix with firstdirect 2.49% with no fee
thx
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