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The society launched its innovative Rollover Mortgage to help those coming to the end of their mortgage as well as promoting its Offset Plus facility, which allows family members to help first-time buyers onto the ladder by offsetting their own savings.
From Yorkshire BS, the new Rollover Mortgage is for a group of borrowers often ignored - people nearing the end of their mortgage and needing to borrow less than 35% of the value of their home.
Yorkshire Building Society believes its Rollover Mortgage is the first loan that is specifically aimed at people who are in the final years of their mortgage term.