Yorkshire BS launches 2.84pc 2-year fix
Rates on all 75% LTV mortgages are also being lowered by up to 0.45% on a variety of 2,3 and 5-year fixed and tracker products, with headline products including a 2-year fixed rate mortgage at 2.84% and a 3-year fixed rate mortgage at 3.04%.
Jemma Smith, Yorkshire Building Society mortgage product manager, said: “As a mutual our focus is on delivering good value products alongside excellent customer service. We believe these products show our commitment to helping home buyers as well as those who are looking to remortgage.
“We have made cuts at all term lengths so customers who want to fix their mortgage repayments for a number of years have a selection of products to choose from.”
The 2-year product has been rated five stars by Moneyfacts.
Sylvia Waycot, finance expert at Moneyfacts, said: “The arrangement fee is competitive in today’s market, but if it is off putting, Yorkshire BS also offers some deals that have a higher rate but no fees, which include some incentives for those remortgaging.”