Yorkshire Building Society reduces rates

Jessica Nangle

October 15, 2019


Yorkshire Building Society has reduced rates across its mortgage range.

The mutual has reduced rates on its range of fixed rate mortgages for borrowers with 65% and 75% LTV by up to 0.15%.

Both homeowners and buyers can get a 5-year fixed rate of 1.59% at 65% LTV which comes with a completion fee of £1,495.

Those looking to minimise upfront costs can opt for a rate of 1.64% with a £495 fee and free standard valuation.

Other highlights of the new range available to both homeowners and buys include a 2-year fix at 1.51% and a 3-year fix at 1.62% for 65% LTV.

Both products come with a £495 fee and free standard valuation.

Emma Jaggar, mortgage product manager at Yorkshire Building Society, said: “We continue to see homeowners and buyers turn to fixed rates deals, as the certainty of being able to budget monthly repayments proving a comfort for many.

“We’ve improved our product range to offer borrowers better value and more choice and deliberately shaped our new mortgages to meet a variety of customer needs, with competitive options including lower rates, low completion fees, and free standard valuation on selected mortgages.”

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