Yorkshire BS announce new record-low mortgage rates

Yorkshire Building Society has announced that it has launched new mortgage rates for borrowers with larger deposits.

Related topics:  Finance
Warren Lewis
27th March 2017
yorkshire 2
"It’s a very competitive mortgage market at the moment, which is good news for anyone looking to remortgage or buy a property, as they could benefit from some extremely competitive rates."

The Society says it is now offering the lowest three-year fixed rate mortgage on the market for buyers and remortgage customers with a 35% deposit at 1.42% with a £995 product fee.

Other products include a 1.77% three-year fixed rate at 65% LTV and a two-year fix at 1.16% up to 75% LTV. Both mortgages have a £1,495 product fee on either remortgages or house purchases.

We’re really proud to be able to offer borrowers a choice of market-leading rates both on fixed and tracker mortgages, which are currently the lowest rates available from any provider.”

Rachel Springall, Finance Expert at Moneyfacts.co.uk, added: “These exciting market-leading deals from Yorkshire Building Society will delight borrowers hoping to secure a low fixed rate over three years with a trusted brand. In addition, the new two-year tracker will be ideal for any borrower looking for some flexibility with their mortgage should their circumstances change. As with any deal, it’s important that borrowers work out the overall true cost to see if it’s the best possible choice for them.”

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