YBS offer home owners 2 year discounted remortgage rates.
Yorkshire Building Society is offering remortgage home owners a 2 year discount on its standard variable rate. This could potentially be of interest to those who want to keep their repayments as low as possible in the short term.
Yorkshire Building Society’s SVR, for example, is currently 4.74%. The discount being offered varies according to loan to value:
For instance:
- With a 65% LTV, the discount offered is 1.15%, making the mortgage rate 3.59% for 2 years.
- With a 75% loan to value, the discount offered amounts to 1.23%, bringing the rate to 3.62% over the 2 years.
The benefit of remortgaging at a discounted rate is that your monthly repayments are as affordable as possible.
Although remortgage rates are currently at record lows, they can also increase and may well do so at some point in the future, as market analysts are beginning to predict. It would be wise to bear this in mind, and factor in to your budget the possibility of fluctuations.
The historic low rates mean that lenders are refreshing their remortgage range all the time. Deal Direct’s advisors offer a very fast and efficient service and compare all the lenders and their deals, saving you valuable time and money.
For further information or an instant low-rate remortgage quote, contact one of our advisors or fill in the form below.