Yorkshire BS cuts mortgage rates by further 0.25%

Residential purchase and remortgage rates have reduced for the second time in two weeks.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
15th July 2024
ybs yorkshire building society
"We continue to keep a close eye on market developments in order to seize every opportunity to pass on extra value to borrowers."
- Aidan Smith, mortgage product manager at Yorkshire BS

Yorkshire Building Society is reducing its mortgage interest rates by up to 0.25%, for the second time in two weeks.

A two-year fixed rate purchase product at 75% LTV has reduced by 20bps to 4.69% and comes with a £1,495 fee and free standard valuation.

A three-year fixed rate at 80% LTV, available for purchase and remortgage, has decreased by 25bps to 5.04% with no fee and free valuation.

In addition, a five-year fixed rate remortgage product has reduced to 4.49% at 75% LTV, featuring a £1,495 fee, free valuations and no remortgage legal fees.

Aidan Smith, mortgage product manager at Yorkshire Building Society, said: “We’re delighted to be able to reduce rates across our Yorkshire Building Society mortgage product range for the second time in a fortnight.

“We continue to keep a close eye on market developments in order to seize every opportunity to pass on extra value to borrowers.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.