YBS announces launch of lowest 10 year fix

Yorkshire Building Society has announced today that it has launched a ten-year fixed rate mortgage which it says is the lowest rate available at 75% LTV.

Related topics:  Finance
Warren Lewis
21st July 2016
yorkshire 2

The product is available at 2.89% up to 75% LTV and is available for either house purchase or remortgage.

Brendan Gilligan, Mortgage Product Manager for Yorkshire Building Society, said: “We have launched this new ten-year fixed rate mortgage in response to strong customer demand for a longer-term fix. These requests follow uncertainty about the economy and interest rates after the UK voted to leave the European Union.

We’re proud to launch the lowest ten-year fixed rate at 75% LTV available on the market and as it features a porting facility, borrowers have the reassurance that they may be able to transfer their mortgage should they want to move house during the fixed rate period.”

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