First-time buyer offer from Yorkshire

Friday, 02 July 2010 12:00

The Yorkshire Building Society has announced it is to launch a new product aimed at first-time buyers.

Its First-Time Buyer exclusive two-year fixed-rate offer at 5.99 per cent has a number of incentives.

These include £500 cashback, no product fee, a free valuation report, legal service, plus free buildings and contents insurance for the first 12 months.

Tim Girling, mortgage product manager at the organisation, said: "We've tried to balance the need to help first-time buyers with the need to lend responsibly."

He added the company is now lending to individuals with smaller deposits and waiving many of the fees.

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