YBS launches 4.49% FTB fix

Yorkshire Building Society is launching a two-year 4.49% fixed rate mortgage for borrowers with a 5% deposit today.

Related topics:  Mortgages
Rozi Jones
28th January 2015
YBS Yorkshire Building Society

The mortgage, which has an £845 product fee and will also help those looking to move up the property ladder, is one of the highlights of the Society’s new range.

The range, which has undergone rate reductions of up to 0.35%, continues to offer the 1.29% two-year fixed rate for customers with a 35% deposit, as well as featuring a new two-year 1.59% fixed rate mortgage with a £345 product fee, which is also for customers with a 65% loan-to-value.

Highlights of the new 75% LTV range include a two-year 1.54% fixed rate with a £845 product fee, and 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.”

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