Yorkshire Building Society is reducing its mortgage interest rates by up to 0.20%.
Key updates to the product range include a 5-year fixed rate at 4.84% (previously 4.99%) for remortgages up to 80% loan-to-value (LTV) with a £1,495 fee, including free valuation and free remortgage legal work.
Another notable change is the 5-year fixed rate at 4.69% (previously 4.89%) for remortgages up to 75% LTV, with a £495 fee, £250 cashback, free valuations, and free remortgage legal work. A
dditionally, a 2-year fixed rate for house purchases is now at 4.89% (previously 4.99%) for up to 75% LTV with a £1,495 fee and free valuation.
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 to ensure our mortgages remain as competitive as possible.”
