The new product, which carries an £845 fee is for both first time buyers and those who are lookng to move up the property ladder.
The lenders new product range has seen reductions in its rates of up to 0.35% and includes a 1.29% 2yr fix for those who have a 35% deposit as well as a new 2yr 1.59% fix which is also for borrowers with a 65% LTV.
Highlights of the new 75% LTV range includes:
A two-year 1.54% fixed rate with a £845 product fee
A three-year 2.24% fixed rate with a £845 product fee
Jemma Anderson, Mortgage Product Manager at Yorkshire Building Society, said: “As a mutual society with customer-centred values, offering our members competitive mortgages with a high level of customer service is important to us. We’re very proud to be able to offer customers with a 35% deposit a 1.29% rate with a competitive product fee and believe these new rate reductions across the range will prove popular with a wide range of borrowers, with the 95% reductions helping more first-time buyers take that crucial initial step on to the property ladder.”
