Yorkshire BS cuts mortgage rates by up to 0.31%

Yorkshire Building Society has reduced rates across its mortgage range by up to 0.31%. 

The changes include reductions of up to 0.31% on selected rates up to 60% LTV, up to 0.18% at 75% LTV, up to 0.20% at 80% LTV, and 0.17% at 90% LTV. 

Highlights include a two-year fixed rate purchase product, down to 4.56% at 75% LTV with a £495 fee, £250 cashback and free standard valuation.

Remortgage reductions include a two-year fix at 75% LTV, down to 4.39% with a £995 fee, free standard valuation and remortgage legal service.

As announced earlier this week, as part of a change to allow lending on the product for those purchasing flats, the rate on the Society’s £5k Deposit Mortgage has also reduced from 5.74% to 5.69%.

Cheryl Bleasdale, mortgage product manager for Yorkshire Building Society, said: “It always pleases us to be able to pass on added value to our customers, and market rate movements in the past week have presented us with a golden opportunity to make changes right across the range, including at the highest LTVs.

“We’re particularly glad to be able to include some best buy products in this competitive new range.”