Clydesdale and Yorkshire Banks today (20 October) launched a new range of mortgages including a ‘Pay your mortgage for a month’ offer, where cashback will be offered equivalent to one monthly mortgage payment up to £1000.
There are a number of competitive mortgages fixed for two and five years which come with the ‘Pay your mortgage for a month’ offer along with no arrangement fees. They include:
| Product | Rate | Pay your mortgage for a month offer |
| Two year residential fixed <90% | 3.59% | Yes |
| Two year residential fixed <85% | 3.29% | Yes |
| Five year residential fixed <90% | 4.39% | Yes |
| Five year residential fixed <85% | 4.29% | Yes |
| Three year residential fixed First Time Buyer <90% | 3.59% | Yes |
The banks also offer a range of mortgages fixed for two or five years with an arrangement fee of £999 and the ‘pay your mortgage for a month’ offer, such as:
| Product | Rate | Arrangement Fee | Pay your mortgage for a month offer |
| Two year residential fixed <90% | 3.39% | £999 | Yes |
| Two year residential fixed <85% | 2.89% | £999 | Yes |
| Five year residential fixed <90% | 4.19% | £999 | Yes |
| Five year residential fixed <85% | 3.99% | £999 | Yes |
Steve Fletcher, head of Clydesdale and Yorkshire Banks’ retail network, comments:
“Whether you are moving into a new home or simply re-mortgaging we understand that everyone has different needs and requirements. Our new range of mortgages has been created to support homeowners with competitive rates while we also pay your mortgage for a month.”
The ‘Pay your mortgage for a month’ offer will run until 28 November. A minimum loan amount of £25,000 applies in order to qualify.
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