Yorkshire Bank has announced that, from today, Tuesday 5 May, it will waive arrangement fees for all new customers looking to re-mortgage on a range of fixed rate, offset and current account mortgages.  The offer, which is available for an unstated 'limited' time, will mean a saving of £999 for borrowers.

In addition, fixed and offset customers re-mortgaging from another lender won't have to pay any legal or valuation fees - though this is providing their mortgage is over £25,000 and they use Yorkshire Bank's appointed solicitors.

Gary Lumby, Head of Retail for Yorkshire Bank, said: "The current economic climate means that fewer people are moving home and instead are looking to re-mortgage in order to take advantage of more competitive mortgage rates. Our fee-free mortgage is designed to help people find the correct mortgage to suit their individual needs without having to pay an arrangement fee."

A five-year fix at 60% loan-to-value costs 4.79% at the bank. Compare this with other fixed rate deals

Check out Yorkshire Bank's website

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