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Compare Yorkshire Bank Loans

Compare Yorkshire Bank Loans

''We are competing with the bank rates of Yorkshire Bank. Whatever you're looking for, whether it's a loan or mortgage we have the most competitive rates regarding finance in the country"

  • Compare Yorkshire Bank Finance
  • Best Mortgage Rates
  • Best Rates for Finance
  • Property Development Finance
  • Best Rates Regarding Mortgage
  • Whole Of Market Broker
  • FCA Regulated Loans
  • No Preliminary Credit Checks
  • Best Loan Rates in the UK
  • Best Rates for Finance








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  • Compare Yorkshire Bank Finance
  • Best Mortgage Rates
  • Best Rates for Finance
  • Property Development Finance
  • Best Rates Regarding Mortgage
  • Whole Of Market Broker
  • FCA Regulated Loans
  • No Preliminary Credit Checks
  • Best Loan Rates in the UK
  • Best Rates for Finance

Compare Yorkshire Bank Bridging Loans

The most common use of a Yorkshire Bank bridging loan is for property purchases. Yorkshire Bank bridging loans assist homeowners moving house, wanting to purchase another home before selling their existing house. When equity is tied up in an existing mortgage, a bridging loan might be the most appropriate way forward to pay for the property sale.

A bridging loan is useful to property developers, buying property at auction and landlords managing a property portfolio. When moving home a bridge loan is useful to avoid a property chain, ensuring they acquire the new house while waiting for mortgage funds.

Bridging Loans Compared To Standard Loans

Bridging loans are short term loans and personal or secured loans are long term. Securing bridging finance will not guarantee a mortgage.

In reality, the speed of receiving funds for bridging loans in your account is the key difference between the two types of finance. It takes a longer time for high street banks to complete a standard loan, compared with a bridge loan that takes two or three days.

Bridging Finance Interest Rates

Adding up fees, the loan amount and the interest rate, provides an approximate cost of bridging finance. Below is what to expect regarding bridging loan interest rates and what factors can impact the amount of interest you will pay.

  • Repayment terms –If you have applied for a closed bridging loan and you establish a set date for repayment, the length of your loan might impact the interest rate.
  • Bridging loan size –Expect higher interest rates when wanting funds in excess of £300,000 unless there are assets in hand that the lender feels satisfied with.
  • Property value – The value of your property could determine the rates for the bridging loan. The more risk bridging loan lenders face, the higher the interest.
  • Closed vs Open – Open bridging loans are more flexible allowing payments not needing to be paid before a set date. Closed bridging loans have a set date for the loan repayments.

Applying for Bridging Finance

We need contact name and number, what type of bridging loan you are after together with the property intended as security. Once you submit your application, a member of our team will contact you for any additional information.

Bridging Loan Calculator

Our calculator provides approximate costs associated with your bridging loan. There are many bridging loan providers with rates exceeding others. We search the market and compare the best deals.

Below there are fees you must consider to be added to the bridging loan:

  • Setup (facility) fee:Average cost of set up is 1-2% of the total amount.
  • Administration fees:Completing the paperwork beginning to end.
  • Exit fees:Not always applied but can be up to  1% of the loan
  • Broker fees:Paying the bridging loan broker to source and package the deal
  • Legal fees: Mainly relative to solicitor fees
  • Valuation fees: Property evaluation costs to the land surveyor

Development Finance at Yorkshire Bank

While Yorkshire Bank doesn’t offer any specific development finance products, they do fund a variety of commercial and industrial projects. As a result, it may be possible to secure the funds you require for your property development project from Yorkshire Bank. As one of the UK’s most established and popular lenders, Yorkshire Bank is known as a trusted source for affordable financial support.

Nevertheless, we’re firm believers in taking specialist requirements to specialist service providers. If it’s development finance you need, why not work with a development finance specialist? With the help of Donkey Finance, pinpointing the perfect development finance firm for your needs really couldn’t be easier!

Compare the Market

With development finance, time is of the essence. If you fail to secure the funds you need within the viable time period, the success of the entire project may be jeopardised. Precisely why traditional lenders like Yorkshire bank simply aren’t equipped to provide the necessary support.

Here at Donkey Finance, we’ll handle all the necessary legwork on your behalf. By comparing established and independent lenders across the UK, we’ll secure the funds you need at an unbeatable rate of interest. In addition, we also do everything we can to eliminate unnecessary borrowing costs.

Check out what Yorkshire bank has to offer, then come to us for an even better deal!

The Total Package

Unlike some, we go far beyond simply pointing our customers the way of capable lenders. As independent development finance specialists, we’re proud to offer comprehensive support and consultancy for every client. Whether you’re new to development finance or familiar with the process, we’ll set you up with the deal of your dreams from a lender you can count on.

We’re also happy to provide obligation-free and pressure-free consultations, if looking to explore the available options. There may be alternatives to development finance that are a better match for your needs, which we’ll also bring to your attention.

Check out our extensive range of services online, or contact the team at Donkey Finance for more information.

Yorkshire Bank Mortgages

Yorkshire Bank Commercial Mortgages

Commercial mortgages take over where business loans finish off. Business loans up to £25,000 are unsecured. Security is needed when wanting higher amounts (£50K+)

What Can Be Offered as Security?

The property being purchased can be used as security for the loan. The amount tends to be 70% of the property value and a down payment for the balance of the purchase is required. You can provide extra security if you do not have funds in hand. Extra security relates to assets such as equity or shared ownership in other properties.

Online Mortgage Calculator

A mortgage calculator helps you choose the right mortgage and also determines the approximate costs for the mortgage repayments. Mortgage calculators are used to compare mortgage products such as standard home mortgages, help to buy, right to buy and buy to let mortgages.

Buy to Let Mortgages from Yorkshire Bank

Yorkshire Bank makes it really easy for their customers to invest in their future by buying property for rentals. While it can be difficult to come up with the capital that you need to purchase these properties, when you use a buy to let mortgage, the process is fast and easy. This ensures that you won’t miss out on an opportunity. By considering your anticipated income from your rental, you can easily get the money that you need for your mortgage. These professionals will be able to help you figure out how much you can borrow, so you can make your dreams come true.

What to Know About Buy to Let Mortgages

You need to understand whether or not owning a rental property is the right thing for you and if a buy to let mortgage can help you to achieve your dream. You need to know that your property isn’t guaranteed to make money and that you have a number of responsibilities. From landlord responsibilities to commercial considerations, we make it easy for you to understand what you are getting into with a buy to let mortgage. These experts are happy to talk to you and make sure that this is the right option for you.

Help to Buy Loans from Yorkshire Bank

The ‘Help to Buy’ scheme is geared towards first time buyers affording their own home.

Help to Buy schemes consist of three areas:

  • Help to Buy ISAs
  • Help to Buy equity loans
  • London Help to Buy.

Qualifying for the Help to Buy scheme require the following scenarios:

  • Buying a house less than £500,000 (limits vary)
  • Minimum down payment of 5%
  • Staying in the property you are purchasing majority of the year. (not applicable if you are wanting a second home or a buy to let property)

Help to Buy Equity Loan

Not always but most applicable when buying a new-build home,  Help to Buy equity loan works like this:

  • Minimum deposit 5%
  • The government gives 20% of the property value as an equity loan.
  • You get a mortgage for the balance. Should the down payment be 5%, your loan 20%, then get a 75% mortgage

Commercial Finance at Yorkshire Bank

Yorkshire Bank currently offers a varied portfolio of commercial finance services for businesses and investors. As one of the UK’s most established and trusted High Street lenders, Yorkshire Bank has earned the business of millions of commercial customers.

Specifically, Yorkshire Bank offers business loans in accordance with the following criteria:

  • Loans available from £25,0001 up to £10 million
  • Fixed and variable interest rates available
  • Arrangement fees typically payable on all loans
  • Repayment periods of up to 15 years
  • Loans secured on existing property
  • Credit checks usually required

There are also commercial mortgage loans on offer for business borrowers, which Yorkshire Bank advertises as the following:

  • Available in sums starting from £25,000 and up
  • Capital-and-interest or interest-only repayment options
  • Interest rates can be fixed for a maximum of five years
  • Borrow up to 70% of the loan’s total value
  • Fast access to funds if approved

The commercial financial products on offer from Yorkshire Bank are among the most popular on the High Street. But in order to ensure you gain access to the best deals on the market, it’s worth considering the UK’s best independent lenders.

Tailored to Your Needs

With Donkey Finance, the commercial loan you need can be tailored to meet your exact needs. We work hard to provide our clients with exclusive access to the UK’s best deals, along with incredible discounts you won’t find elsewhere.

From small businesses to major organisations, our experience in commercial finance is unrivalled. We’ll provide you with the independent support you need to make the best possible choice from the funding options available. And if you choose not to go ahead, you’re under no obligation to do so.

Doing the Donkey Work

If you’d prefer not to spend time scouring the market for the best deals, why not let us do it for you? Just a quick call to Donkey Finance is all it takes – you’re in safe hands with our experts.

Call today, or drop us an email detailing your requirements.

Auction Finance at Yorkshire Bank

Yorkshire Bank is one of the many mainstream lenders that don’t currently provide any specific auction finance services. Typically offered in the form of a short-term bridging loan, auction finance is ideal for investors looking to score unmissable deals.

If you’re looking to buy a property at auction, you’ll typically need to pay a 10% deposit on the day, followed by the remaining balance within a week or so. In such instances, it’s highly unlikely you’ll access the financial support you need from a major name like Yorkshire Bank.

Purpose-Made Auction Finance

For the very best auction finance deals, you need to go to those who specialise in auction finance. Though typically beyond the realms of the average High Street lender, dozens of independent specialists have you and your needs covered. It’s simply a case of pinpointing your perfect loan product, which is where we can help.

Donkey Finance guarantees the quickest and easiest entry-point to the most outstanding auction finance deals on the market. With our help, the funds you need will be in your account in record-time, with minimal borrowing costs and flexible repayment terms.

Whether you’re new to auction finance or an experienced investor, you won’t find a better deal from any specialist broker. Call today and discover a new standard in accessible auction finance solutions for the discerning investor.

Independent Auction Finance Consultancy

Whether you’re ready to go ahead or simply looking to ask a few questions, we’d be happy to hear from you. With no specific brand ties or affiliations, we’re free to tell it like it is. We’ll compare the entire UK market on your behalf, talking you through the options and giving you the final say.

If it turns out Yorkshire bank is a good fit for your needs, we’ll let you know. If you’re better-suited to an independent specialist, we’ll show you the way. Contact the team at Donkey Finance today to discuss your requirements in more detail – we’re standing by to take your call.

Homeowner Loans from Yorkshire Bank

Homeowner (second charge) loans are given to people that already have a mortgage on property. Often referred to as secured loans, homeowner loans are secured against property as security. The loan provider has less risk this way and passes risk to the debtor with property repossession should the agreed payments not be adhered to.

Homeowner loan varies between £50K & £500k.

Time for the loans can range from 5 years to 25 years

Yes, but there may be small fees needing to be paid.

Career Development Loans

Career Development Loans have better interest rates and assist students afford College or University. The Learning and Skills Council pays the interest during the study periods. The Government pays the interest rates only throughout your studies helping lessen the debt.

About Yorkshire Bank

Overview

Founded in 1859 in Halifax, Yorkshire Bank now operates more than 90 branches, 22 business and private banking centres in the UK. Yorkshire Bank is owned and operated by CYBG plc.

Financial Services

  • Checking accounts
  • Money market savings
  • Savings
  • Certificates of deposit
  • Santander Select
  • Lines of credit
  • Loans
  • Mortgages
  • Investment Services
  • Credit cards

How To Apply

Is easy and quick. We have a friendly team waiting to receive your contact details and provide financial advice so you get the right deal.

Apply Now

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