Clydesdale and Yorkshire Banks launch mortgage fee offer

Clydesdale and Yorkshire Banks have announced the launch of a no fee mortgage offer to reward its existing customers.

The Banks are waiving arrangement fees for existing customers looking to take a new mortgage before 7th April 2013. This represents a saving of £999 - the current re-mortgage arrangement fee.  

The £999 mortgage arrangement fee will also be waived for new customers who are moving both their mortgage and their current account to Clydesdale and Yorkshire Banks.

While those simply moving their mortgage from another lender will benefit from 50% off the arrangement fee. In addition, those customers won't have to pay any legal or valuation fees if they use Clydesdale and Yorkshire Banks' appointed solicitors and valuers.

The mortgage fee offer is available on a range of fixed two, three and five year mortgages as well as a number of offset mortgages.

Andrew Pearce, Retail Director for Clydesdale Bank, said: "At Clydesdale and Yorkshire Banks we remain focused on offering a range of competitive products that meet the differing needs of our customers.

"As well as helping people to find the correct mortgage to suit their individual circumstances, we are rewarding our existing customers with a no mortgage fee offer. We're also helping new customers with free and half price arrangement fee offers to make the process as easy as possible."

Clydesdale and Yorkshire Banks have a range of competitive mortgages for first time buyers and remortgagers. For more information, visit cbonline.co.uk or ybonline.co.uk.