KPMG agrees mortgage tie-up with Clydesdale and Yorkshire banks

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Professional services firm KPMG has teamed up with Clydesdale Bank and Yorkshire Bank to offer their staff a private banking and preferential mortgage service.

Approximately 12,000 KPMG employees will have access to mortgages through the lenders, although the rates will reportedly be based on each borrower’s circumstances.

Even if you have been offered a mortgage through the bank your company has a tie-up with, it is certainly worth assessing the market to make sure it’s the best deal available to you.

Aaron Strutt, product manager at Trinity Financial, says: “The lowest two-year fixed rates are available below 2% at the moment and some of the five-year fixes are under 3%. There is so much competition in the mortgage market that it is worth checking to make sure you are getting the best deal.”

Phil Cotton, Bristol-based South region chairman at the firm, was quoted in the Bristol Post as saying: “Our recent research with Shelter showed that more than half of all 20-34 year olds could be living with their parents by 2040 and housing prices could quadruple in the next 20 years if we don’t fix the housing crisis.”

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The information contained within was correct at the time of publication but is subject to change.

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