Yorkshire Building Society Discount Codes & Deals

In today's Metro

Yes, we were "helped" by nice financial "advisers" with a few "low cost" endowments in the early years. A small one fell about 30% short, but we sold off 2 Standard Life ones for more than their face value with 6/7 years to go; someone probably took a bath on those! With the final one I did it myself and looked into all the fine print which was astounding; the different companies calculated that you would pay back the mortgage with anywhere between 12% (cheapest) and 4% (most expensive) return. I went for the most expensive one (4% return) and eventually managed to get an extra £15K at the end. Fortunately, my days of mortgages are over.

Took this offer and rate up last year, but it was with free legal/solicitor

Lol. Bring back the endowment mortgages... Financial advisors used to love them with all that juicy commission, home owners less so. Especially when the endowment matured and wasn't enough to pay off the balance. 80's madness.

Hahaha, great advice cheers for this, I was just curious if anything has changed i've been riding that base rate for a number of years which has provided great with this type of mortgage, but coming to the end so wondered if anything has changed.

Thanks op Was paying over 4% with Halifax so tried and got a fixed deal with these for 1.64% Well happy

£2090 a year on a £100k mortgage is a massive saving I always start looking 3 months before my old deal runs off so it goes over on the day.. sod SVRs I’m in the fortunate / unfortunate position that my mortgage is now down to the minimum levels of most providers so Ill struggle to get mortgages now and hence the reason I’d never pay a fee upfront Big mortgage and the fees offset the cost for better rates

If anyone knows about mortgages I applied and they want to speak to my employer to check my wage and there send someone to value house it ect as I want to remortage I have 65% ltv ..does this mean I have a good chance of being accepted for it ? They said they will be in contact with a couple of days if so I can save £130 a month

Still gone through with it .there coming to value the house ect .I'm with Halifax on 4% at moment variable rate 😣

JUmps to 1.91% for 65% Seems ridiculous as a bank / BS would treat both as fully secured.. banks general write down property to 70% on balance sheet

Did you find out any more about hidden costs with this deal? I've been looking at the same deal (the initial interest rate is now 1.49%), and it looks competitive, but I obviously don't want to get walloped by additional costs that weren't made clear at the outset.

It’s the hidden costs that disappoint with this offer. On face-value this is a competitive mortgage, but after completing an ‘application in principal’ my wife and I soon found that there are a lot of additional costs involved, that are not clearly stated. I’ll update this if I am wrong, but if the additional fees are what they appeared to be last night, our application will be shelved.

Yes, getting the best deal every two years could end up costing more than getting an OK deal and just sticking with it for ten years...

Two-year fixed rate would also imply you would be potentially be paying product fee in another two years for yet another deal

Anyone can advise on how much you have paid in legal fees when remortgaging? As far as I know there are three main costs to take into account when changing provider: product fee, valuation fee and legal. Some providers will cover some or even all of them, some will give you cashback, so comparing takes some time...

My first/current mortgage is with YBS and they were genuinely a pleasure to deal with. After Nationwide messed me around for months and kept sending me to generic call centre staff, YBS approved within a week with a dedicated rep. Excellent service.

They have a nice 5 years fixed term mortgage as well. 1.99% with 995 fee wth LTV less than 65%. I am at Halifax at the moment and looking for a new 5 years fixed term mortgage. The best Halifax can offer me is 3.04% with no fees but it is still more expensive for me than switching to YBS.

Everytime !. I read this as Yorkshire pudding society, get excited and then a quick let down. (annoyed) .

Thanks OP, Just doing some searching for mortgage deals as we're saving for our first home so this may be of use. That's a pretty good introductory rate, the SVR of 4.99% is a little bit of a pain but alas. But we'll see how it compares against the others.

The rate why up the day after I applied. We had been warned by the broker though so we got our application in quickly.

Fd 1.94 (60% ltv) fixed for 5 years with no fee works out cheaper for me. Plus I can only see 1.89 on Sainsbury’s now

The only way is up........fix while you can but watch out for those fees if you have a low amount left to pay.

No nerves here. Though going by your delightful response. Your nerves are frayed and dinner is noodles again.

Looks like a hit a nerve must be ur dads company

I feel for u. I'm moving to Birmingham in a year's or so time, 2 beds apartment for £100k, 400k+ where I am in london!

The base rate is expected to go up, so i would be tempted to fix for 5 years atleast.

Is that a fixed rate? for how many years?

Wouldn't it make sense to keep some of your cash in bank accounts at a greater return that your mortgage APR? Quite abit of faffing about but you see returns!

It also a list at the bottom about flipping the money between the accounts.

thx (pirate)

just got 10 year fix with firstdirect 2.49% with no fee

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.

It doesn't come up for me and we have a very low LTV.

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

I'm in the market for a mortgage and YBS are offering the best deal for me. What's the name of the fee you're referring to? If you're referring to what I think you're referring to then I thought paying solicitors fees is pretty standard. Unless I'm mistaken and there are some providers who cover it as well?

Be aware that they are one of the lenders who do get you to pay solictors fees. They aren't obvious anywhere in comparison engines, but they do come up in the application. Basically another £500 of fees right there. Their 1.74% on 65% LTV is still just about worth it for us though.

Got a 1.99% on a five year fix on 9 years with a low LTV with no fees at all with First direct , been 12 days since moved in and cried every day especially today had a look for the first time of our sold house on Whitgates.

probably worth including the below additional costs: 1) £90 Payable on mortgage redemption 2) standard valuation fee of £390

Lots of people think brexit will be a trigger, but there will be no brexit, sadly. So, yes, if only you can buy it now, don't hesitate. Although I hope you are right, that would help me to get one as well.

Supply and demand sunshine you really think supply will overtake demand in the next year or two your dreaming

Not that long... 1-2 years max

Be waiting a while then

Thank you. Really helpful. Need to get on the property ladder waiting for market to crash.

Went for a 5year fix at 1.99% for a 10 year with an LTV of 26% no fees with First Direct what a slog , been many months only handed the signed mortgage and deeds to solicitor on Wednesday. Can't imagine what it would be like with going for a 100%!

Stricter lending criteria today I believe

less than 10 years to forget our lessons. looking forward to the impending pop & crash.....

You can get 100% mortgages now again

You can't change it unless you want to pay some fees (1-2% of the mortgage in the last year). If you remortgage then the new mortgage provider will pay off your current mortgage when the fixed therm will finish. You can sort it out normally within 3 months before the end of your fixed period as most banks gives 3 moths validity for thier remortgages offers but you can find some places where that offer is valid for 6 months so you could start dealing with it 6 months before your fixed runs out.