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Yorkshire Building Society reduces rates

Jessica Nangle

October 15, 2019

buy-to-let

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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