Mortgage News
Yorkshire launches one-year fix at 3.19%
Yorkshire Building Society has launched a one-year fixed-rate mortgage at 3.19% at up to 75% LTV with a £195 fee as part of cuts of up to 0.60% on its fixed and tracker products.
For mortgages up to 75% LTV, it is offering a two year fixed-rate of 3.79% with a £495 fee, as well as a three year fixed-rate at 4.39%, a five year fixed-rate at 4.99%, a ten-year fixed-rate at 3.19% and a two year tracker deal at 2.64%. All deals have a fee of £495.
For deals up to 85% LTV it is offering a two year fixed-rate at 5.59%, a three year fixed-rate at 5.69%, a five year fixed-rate at 5.89% and a two year tracker at 4.39% All have a £495 fee.
It has also launched a two year fixed-rate at 3.59% at up to 60% LTV with a £495 fee. All products have free valuation and legal fees for remortgage customers. Offset versions are available for the majority of mortgages priced at 0.10% higher.
Iain Cornish, chief executive at Yorkshire Building Society, said: “The society is taking the opportunity to boost mortgage applications as there are beginning to be signs of an increase in activity in the housing market. These new deals, along with the products we recently launched for first time buyers, will be warmly welcomed by those looking for a good deal in the new year.”
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