Rollover Mortgage introduced by Yorkshire
Yorkshire Building Society has announced the launch of a new Rollover Mortgage offer.
The deal is for a one-year fixed-rate product that has been designed to cater for people approaching the final years of their home-loan payments and who need to borrow less than 35 per cent of the value of their property.
It has an initial fixed-rate of 2.69 per cent for the first year and comes with a product fee of £495, a free valuation and free legal assistance.
Tom Girling, product manager for mortgages at the organisation, noted the item offers "a fantastic rate, short-term security and the flexibility to asses your options each year".
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