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The Yorkshire launch new range for borrowers with smaller deposits

Jessica Nangle

January 21, 2021

YBS restrictions

Yorkshire Building Society has launched a new range of mortgages aimed at helping borrowers with smaller deposits.

The mutual has further improved its 90% LTV mortgages, with rates starting from 3.44% for a 2-year fixed rate mortgage.

This home loan comes with £750 cashback, free standard valuation and a completion fee of £495.

Borrowers with a 10% deposit who are looking to fix their monthly repayments for longer are now able to access a new 5-year fixed rate mortgage of 3.54%, which comes with £750 cashback, free standard valuation and a completion fee of £495.

A fee-free rate of 3.64% is also available to fix for five years.

This product comes with £250 cashback on completion and free standard valuation.

The Yorkshire has also extended the fixed-term deals on both the 2 and 5-year terms until the end of May 2023 and 2026 respectively.

Ben Merritt, senior mortgage manager at Yorkshire Building Society, said: “We know different borrowers have different needs when choosing a mortgage so this range deliberately includes a variety of options.

“Offering both fee-free and low fee home loans with a combination of cashback and free standard valuations means people can tailor their mortgage to their circumstances, whether that’s reducing upfront costs or having cash back on completion to go towards furnishing the property.”


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