Yorkshire BS announces further fixed rate reductions

Yorkshire Building Society has announced that as of tomorrow it will be reducing rates for borrowers looking to secure either a short or longer term fix.

Related topics:  Mortgages
Warren Lewis
29th September 2016
YBS Yorkshire Building Society

Borrowers who are remortgaging or buying a new home can benefit from the Yorkshire’s latest rate reductions which are across a selection of two, three and five-year terms and among a wide choice of loan-to-values (LTV).

Two highly competitive short-term loan options are available including a two-year fix at 1.44% at 85% LTV, or a three-year fix at 1.58% at 65% LTV. Both mortgages come with a £845 product fee.

Those with a 15% deposit looking to fix for longer can opt for a five-year deal at 2.29% at with a £845 product fee.

Brendan Gilligan, Mortgage Product Manager for Yorkshire Building Society, said: “We always try to offer borrowers a range of options and good, long-term value for money. By making these reductions we are increasing the choice of competitive options for borrowers with a range of deposits and providing them with the security of knowing how much their mortgage repayments will be for the next couple of years.”

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