Yorkshire Building Society cuts the cost of its 2 year fixed rate mortgage to 5.29 per cent.

Yorkshire Building Society is today launching a new 2 year fixed rate mortgage at 5.29%, together with three and five year deals at 5.49%.



5 September, 2008

This latest drop in rates from the Yorkshire means that its 2 year fixed rate has come down by 0.9% from 6.19% on the 24th July. For all three fixed period terms the product fee is £975 and the maximum LTV is 75%..

Tom Girling, Mortgage Product Manager at the Yorkshire Building Society said: "Money market rates are continuing to ease so we are keen to pass on the benefit to home buyers and those looking for a new mortgage deal. The combination of falling rates together with the Stamp Duty holiday announced on Tuesday may encourage those buyers committed to buying a home to take that first step".




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