Yorkshire Building Society has reduced selected rates for remortgage customers for those with both small or larger amounts of equity in their property.
Borrowers requiring a loan-to-value (LTV) of 80% can now benefit from a 2-year fixed rate of 1.85%, while those looking for 85% LTV could secure a 2-year fix at 2.40%. Both mortgages come with a £1,495 product fee.
Alternatively, homeowners who wish to fix their mortgage for longer can benefit from 5-year deals, starting at 1.52% from 75% LTV, which also comes with a £1,495 product fee.
The range also includes options for those hoping to remortgage up to 90% LTV, with borrowers able to take advantage of a 2-year fixed rate of 2.99%, or a 5-year fixed rate of 3.34%, both of which come with a £995 fee, free standard valuation and free remortgage legal services.
Ben Reed, mortgage manager at Yorkshire Building Society, said: “As more borrowers start to consider their remortgage options, we’ve reviewed our range to give homeowners better choice.
“With a combination of lower rates and additional features such as free standard valuation, cash back or free remortgage legal services, we hope to give borrowers a number of options to be able to best choose which suits their individual needs.”