Yorkshire refreshes high deposit range

Ryan Bembridge

March 27, 2017

15 August 2015.
Yorkshire Building Society, Huddersfield.

Yorkshire Building Society has refreshed its range of high deposit rates and now offers a 65% loan-to-value 3-year fix at 1.42% with a £995 product fee.

The society also offers a 5-year fix at 1.77% to 65% LTV and a 2-year fix at 1.16% to 75% LTV; both with a £1,495 product fee for remortgage or house purchase.

Trackers include a 2-year base rate tracker at 1.20% to 75% LTV with a £995 fee with no early repayment charges.

Gap between high and low LTV lending widening

Charles Mungroo, mortgage product manager for Yorkshire Building Society, said: “It’s a very competitive mortgage market at the moment, which is good news for anyone looking to remortgage or buy a property as they could benefit from some extremely competitive rates.

“We’re really proud to be able to offer borrowers a choice of market-leading rates both on fixed and tracker mortgages, which are currently the lowest rates available from any provider.”

Rachel Springall, finance expert at Moneyfacts.co.uk, said: “These exciting market-leading deals from Yorkshire Building Society will delight borrowers hoping to secure a low fixed rate over three years with a trusted brand.

“The 2-year tracker will be ideal for any borrower looking for some flexibility with their mortgage should their circumstances change.

“As with any deal, it’s important that borrowers work out the overall true cost to see if it’s the best possible choice for them.”

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