4 Nov

Homebuyers to get tailored loans for properties for sale

Homebuyers to get tailored loans for properties for sale

People looking to buy houses for sale in the UK could choose to take out a mortgage tailored to their needs as Yorkshire Building Society launches its latest products.

The new range of loans will see the financial services provider design mortgages individually to each client in order to "ensure the needs of all borrowers".

Mortgage product manager at the firm Tom Girling said that people wanting to take out home loans are often looking for different things.

He stated: "The lowest rate products with higher fees may be suitable for some customers whereas others would rather look for lower fee products with incentives to minimise the initial costs when taking out a mortgage."

Mortgage advisors at the bank have been trained to help homebuyers find the right loan to fulfil their requirements.

Last month, Yorkshire Building Society launched a new two-year fixed-rate product at 2.89 per cent for people looking to remortgage, which it combined with a low product fee and free valuation.  ADNFCR-1222-ID-800217942-ADNFCR

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