"We’re really proud to be able to offer borrowers a choice of market-leading rates both on fixed and tracker mortgages"
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.
The Society has also launched a two-year base rate tracker at 1.20% at 75% LTV, with a £995 product fee and no ERCs.
The new rates are complemented by the Yorkshire’s record-low 0.99% two-year fixed rate mortgage at 60% LTV with a £1,495 fee.
Charles Mungroo, Mortgage Product Manager for Yorkshire Building Society, said: “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.
“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.”
