Yorkshire BS cuts mortgage rates by up to 0.20%

The Society has cut residential purchase and remortgage rates.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
4th July 2024
ybs yorkshire building society
"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.”

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