December 25, 2016

YBS announces 3 and five year fixed rate cuts

YBS announces 3 and five year fixed rate cuts Yorkshire Building Society has announced that it has reduced selected three and five-year fixed rate mortgages by 0.14%. The Society has cut rates on its range of three and five-year fixes at 65%, 75% and 85% LTVs for purchase or remortgage.

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Government Estates framework in tender process

7 October 2016 | Jamie Harris The government has begun a tender process for its Estates Professional Services agreement. The current framework, which covers a number of services including estates and property management, estates strategy and building surveying services, is due to expire on 31 March 2017. Current suppliers include Mouchel

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Latest Issue
Issue 324 : Jan 2025

December 25, 2016

YBS announces 3 and five year fixed rate cuts

YBS announces 3 and five year fixed rate cuts Yorkshire Building Society has announced that it has reduced selected three and five-year fixed rate mortgages by 0.14%. The Society has cut rates on its range of three and five-year fixes at 65%, 75% and 85% LTVs for purchase or remortgage. New three-year fixed rates include a 75% LTV at 1.88% and an 85% LTV at 2.03%. Five-year fixes are available from 1.98% at 65% LTV and 2.08% at 75% LTV. Each mortgage comes with a £845 fee. Brendan Gilligan, Mortgage Product Manager for Yorkshire Building Society, said: “We always try to offer our customers a range of mortgage options and good long-term value for money. Our rate reductions will offer borrowers with a range of deposits competitive rates and the security of knowing how much their mortgage repayments will be for the next couple of years, especially during this time of economic uncertainty. Source link

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Government Estates framework in tender process

7 October 2016 | Jamie Harris The government has begun a tender process for its Estates Professional Services agreement. The current framework, which covers a number of services including estates and property management, estates strategy and building surveying services, is due to expire on 31 March 2017. Current suppliers include Mouchel Ltd (now Kier), JLL, Lambert Smith Hampton LLP and DTZ (now Cushman and Wakefield UK). The framework covers central and local government property, with an objective to identify savings and rationalise the public sector estate. It also adheres to government’s plan to reduce barriers to SME participation; it has set a target for 33 per cent of spending to reach SME organisations by 2020, although a National Audit Office report released earlier this year stated that barriers are still present within the current set up. More information on the Estates Professional Services framework can be found here. Source link

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