Yorkshire BS launches sub-4% purchase and remortgage rates

Yorkshire Building Society has reduced rates across its mortgage range and is now offering sub-4% two-year purchase and remortgage deals.

The Society has reduced selected rates by up to 0.55% on products up to 90% LTV, with reductions of up to 0.40% on products at 85% and 80% LTV. Products at 75% LTV benefit from cuts of up to 0.37%, and for borrowers seeking a product at 60% LTV, reductions of up to 0.35% apply. 

As a result, the Society is now offering a 60% LTV two-year fixed rate remortgage product at 3.98% with a £995 fee, free standard valuation and remortgage legal service.

In its purchase range, highlights include a two-year fix at 75% LTV, down from 4.27% to 3.92% with a £995 fee and free valuation.

At 90% LTV, a fee-free two-year fix is reducing from 5.23% to 4.68% with a free valuation.

Yorkshire Building Society's product manager, Aidan Smith, said: “We’re delighted to respond to market conditions, using the opportunity to offer a competitive new range, including some Best Buy deals and several products coming in under 4%, including one for those looking for a new lender.

“We will continue to watch market developments closely, acting wherever we can to help our borrowers to make savings.”