"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.”