"With the current uncertainty around Brexit and a slowing down of the housing market, homeowners could be more tempted to improve their home rather than move. "
The new remortgage range includes a two-year fixed rate at 3.34%, a three-year fix at 3.59% and a five-year fix at 3.79%.
All mortgages are available to borrowers paying off the Help to Buy equity loan and come with no completion fee, free legal fees and free standard valuation.
The Yorkshire is also increasing its cashback on selected 95% LTV purchase mortgages.
First-time buyers can get an additional £250 cashback on a number of mortgages including a two-year fixed rate mortgage at 3.17% or a five-year fixed rate at 3.54%, which already offer £1,000 cashback.
Janice Barber, mortgage manager at Yorkshire Building Society, said: “This new range of mortgages gives borrowers with minimal equity in their property, or those looking to raise capital, more flexibility when it comes to refinancing their home.
“With the current uncertainty around Brexit and a slowing down of the housing market, homeowners could be more tempted to improve their home rather than move. These new options are just one way we’re trying to help borrowers in what’s currently a testing market.
“Help to Buy equity loans have helped thousands of people get on to or move up the property ladder, but as borrowers come to the end of their first five years it’s an important time to review their options.
“Paying off the Help to Buy equity loan and remortgaging up to 95% of their property’s value could save them from paying additional interest and management fees while also ensuring they benefit fully from any future equity in their property.”
