Yorkshire offers lowest ever 5-year fixed
As of tomorrow the Yorkshire will be offering the markets lowest ever 5-year fixed rate product at 2.59% for up to 60% loan to value with a £1,345 fee and a 2-year fixed rate mortgage at 2.19% at 60% LTV with a £345 fee.
Cuts to the first time buyer range will see the Yorkshire offer a 2-year fixed rate at 4.19% for up to 90% LTV and a 2-year fixed rate at 3.89% for up to 85% LTV– both products are fee free.
Brendan Gilligan, mortgage product manager at Yorkshire Building Society, said: “This year we want to give more people than ever the best deal on their mortgage, including those looking for longer deals that offer the reassurance of knowing how much their mortgage payments will be for the next five years.
“We have made changes to our first time buyer products as we are keen to support those who are looking for their first step on the property ladder – and by removing fees we are hoping to help keep costs of owning your first home to a minimum.”