Yorkshire cuts conveyancing costs for borrowers

Yorkshire Building Society is cutting costs for borrowers by extending help with valuations and legal fees to all mortgage customers.

The Yorkshire now offers a free valuation and fee-assisted legal package to all new and existing borrowers to help ease the costs associated with buying or remortgaging their new home.

As the only major lender to offer this service to those moving home or buying their first property, the Yorkshire hopes it will ease some of the financial concerns when purchasing a property. 

Commenting on the new initiative, Yorkshire Building Society Product Manager Jemma Smith said; "We understand buying a new home, or moving to another property can be extremely stressful - not to say expensive.

"We hope that by offering assistance with legal fees and valuation costs it will help to relieve some of this financial pressure. By taking responsibility for these things and by arranging the conveyancing we can also take away a little bit of the stress and give our customers one less thing to worry about."