Clydesdale and Yorkshire Banks have attacked the mortgage market with a two-year fixed rate offer.
The product, for existing homeowners or first-time-buyers, has a rate of 2.99 per cent up to a 65 per cent loan-to-value (LTV).
Availabel until 11 November 2012, it has no arrangement fee, essentially saving the consumer up to £999.
Retail director Steve Reid said: “Over the past six months we have continued to provide mortgage hunters products that offer Best Buy rates combined with arrangement fee savings.
“These products have received an overwhelming response from the public, as they are designed to help people find the right mortgage to suit their individual needs and their pockets.
“This latest mortgage offer is available until mid-November, and we anticipate an even greater uptake from those who want to take advantage of this saving.”
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