4
Nov
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. 