2 Year Discounted Lifetime Offset
Tracker Mortgage
The mortgage rate that stays attractive
- Rates from 1.34% above the Bank of England base rate – for 2 years
- Moving to 1.75% above the Bank of England base rate for the remainder of the mortgage
- Overall cost for comparison is 7.0% APR
With our 2 Year Discounted Offset Lifetime Tracker you could pay off your mortgage faster by offsetting your mortgage against the money in your Yorkshire Bank Offset Savings and Offset Current Account. In doing this, you could reduce the amount of interest you pay – helping you to save thousands and pay off your mortgage years early.
Unlike mortgages that follow an individual bank’s Standard Variable Rate (SVR), the 2 Year Discounted Offset Lifetime Tracker’s interest rate is fixed in relation to the Bank of England base rate, so you can enjoy the benefits of a Tracker mortgage and an attractive rate of interest.
How to apply
- Ask us to call you back (opens in a new window)
- Visit your local Yorkshire Bank branch (opens in a new window)
- Telephone 0845 602 6198 (Monday - Friday 8.00am - 8.00pm)
What you get
You may never have to switch again
- Rates from 1.34% above the Bank of England base rate for 2 years
- 1.75% above the Bank of England base rate for the life of the mortgage thereafter
- Interested calculated daily
- Take payment holidays or redraw funds*
- The more money you have linked to your mortgage, the less interest you will have to pay on your mortgage
- Overall cost for comparison is 7.0% APR
- 2 Year Discounted Offset Lifetime Tracker is offset against the money you hold in your Yorkshire Bank Offset Savings and Offset Current Account
- Switch from another lender and don't pay a penny in legal or valuation fees (when you use our solicitors and valuation panel) - just a one off mortgage arrangement fee.
Other mortgages
- Offset Mortgage - save thousands with our Offset Mortgage
- Current Account Mortgage - let your money work harder and smarter for you
- Flexible Payment Mortgage - be in control of your payments
- Fixed Rate Mortgages - make budgeting easier
- First Time Buyer Mortgages - helping you towards your first home
- Investment Housing Loan - secure your second property with our Investment Housing Loan
- Business Offset Mortgage - the power of personal and business banking combined
- Spanish Mortgage - enjoy our hassle-free process when buying a property in Spain
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
*Please note that you can only take payment holidays or redraw funds where you have previously overpaid. The minimum period for payment holidays is three months, the maximum period is six months. Payment holidays up to a maximum of six months will be allowed in any one 12 month period. Interest will continue to accrue on the outstanding balance during the payment holiday. Rescheduling your repayments after making a lump sum reduction or overpayment can affect the availability of funds for redraw or payment holidays. If you reduce your repayments or take a payment holiday, the amount of your loan will not be reducing as quickly, so you could end up paying more in interest charges over the term of the mortgage.