"We’re always looking for opportunities to pass on added value to our borrowers and are delighted that market conditions have allowed us to reduce the rates on a number of products across our range."
- Ben Merritt, director of mortgages at Yorkshire BS
Yorkshire Building Society is reducing rates across its residential mortgage range by up to 0.20%.
A two-year fixed rate purchase product has reduced to 4.89% up to 75% LTV, with a £1,495 fee and free valuation.
For remortgage, five-year fixed rates are down by 20bps to 4.69% at 75% LTV with a £495 fee and £250 cashback, while a five-year remortgage product at 80% LTV has reduced to 4.84% with a £1,495 fee.
Remortgage products come with a free valuation and free remortgage legal work.
Ben Merritt, director of mortgages, said: “We’re always looking for opportunities to pass on added value to our borrowers and are delighted that market conditions have allowed us to reduce the rates on a number of products across our range.
“We will continue monitoring developments closely over the coming weeks, in order to ensure our mortgages remain as competitive as possible.”