Yorkshire Building Society reduces tracker rates

Yorkshire Building Society is reducing rates on selected tracker mortgages, following recent cuts to their mortgages at 75% LTV.

Related topics:  Mortgages
Amy Loddington
17th September 2012
Mortgages
Cuts are being introduced on the Society's tracker products at 75% LTV, including drop lock mortgages and the innovative track and fix product, with the majority of rates reducing by 0.20%.

A two year tracker mortgage available up to 75% LTV is now available at 2.79% with £995 fee, with the offset equivalent now available at 2.99%.

Jemma Smith, Yorkshire Building Society Mortgage Product Manager, said:

"We work hard to keep our mortgages competitive as part of our commitment as a building society to help home buyers -and homeowners who want to remortgage - to fulfill their property aspirations.

"Customers confident the Base Rate will remain at its historic low for some time yet may favour a simple tracker, while our droplock and track and fix mortgages may appeal to those who want to benefit from the current low rates whilst protecting themselves against potential increases."
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