I hadn't heard of this one either, but with Howling Bells AND Editors, we are now seriously considering it. Plus, the tickets are really cheap (for a festival) - may as well go for the whole weekend. Accommodation will have to be paid for though.
Bingley isn't renowned for its hotels (but my ex-local the Brown Cow used to have rooms above the pub, and excellent Timothy Taylor's beers). Bradford is only five or six miles away and Leeds not much further.
And Bingley is the home of Damart thermal underwear, so if it's cold you'll be laughing.