Clydesdale and Yorkshire Banks have launched a new range of high-LTV residential mortgages, with cashback equivalent to one monthly mortgage payment.
The banks have also extended the same cashback deals to a number of mortgages that carry a £999 arrangement fee.
The offer will run for a limited period only.
The following deals have the banks' pay your mortgage for a month' offer and no arrangement fee:
Two-year fixed rate to 90% LTV at 3.59%.
Two-year fixed rate to 85% LTV at 3.29%.
Five-year fixed rate to 90% LTV at 4.39%.
Five-year fixed rate to 85% LTV at 4.29%.
Three-year fixed first-time buyer rate to 90% LTV at 3.59%.
These deals have the pay your mortgage for a month' offer with a £999 arrangement fee:
Two-year fixed rate to 90% LTV at 3.39%.
Two-year fixed rate to 85% LTV at 2.89%.
Five-year fixed rate to 90% LTV at 4.19%.
Five-year fixed rate to 85% LTV at 3.99%.
Steve Fletcher, head of Clydesdale and Yorkshire Banks' retail network, said: "Whether you are moving into a new home or simply remortgaging we understand that everyone has different needs and requirements.
"Our new range of mortgages has been created to support homeowners with competitive rates while we also pay your mortgage for a month."
The pay your mortgage for a month' offer will run until 28th November 2014 and a minimum loan amount of £25,000 applies.
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