Yorkshire Building Society has unveiled a new two-year product aimed at homeowners seeking to remortgage.
Customers will benefit from a fixed interest rate of 4.39 per cent as well as a refund of the property valuation fee and a free remortgage legal service.
Rachel Court, Yorkshire spokeswomen, said applications from customers looking to remortgage had recently increased.
"At the Yorkshire we usually design products that are available to everyone, whether they are moving home or just switching their mortgage, but it seemed appropriate at this time to design a product specifically for the remortgagers," she commented.
The application fee is £495 and borrowers will have an annual overpayment option of up to ten per cent of the original loan.
The product does not include any tied in insurance policies.
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