Yorkshire Still Offer 95% Mortgage
July 28th, 2009 by 
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Mortgage applications have continued to rise the Yorkshire stated today. This is mainly down to a range of initiatives introduced to help support their customers.
May and June 2009 saw a 28% rise in mortgage approvals compared to the same period last year.This rise in mortgage approvals follows Yorkshire Bank’s announcement last week to make an additional £1bn of new lending available to mortgage and business customers.
The lender has been offering initiatives to support borrowers. These have included fee-free mortgage deals and best buy pricing, plus the firm remains one of the few lenders that continue to offer 95% LTV mortgages to first-time buyers.
Gary Lumby, head of retail banking for Yorkshire Bank, said the initiatives underlined its commitment to provide competitive mortgages.
“These values have been met with a positive response from customers with continued growth in the number of mortgage applications we are receiving.”
He added: “In line with our traditional approach to lending and our commitment to remain open for business, Yorkshire Bank also remains one of only a handful of lenders supporting the first time buyers market with 95% LTV mortgages.”
Posted in Mortgage news | 