Yorkshire Building Society has cut rates on products up to 95 per cent loan to value (LTV) by up to 0.34 per cent and added a remortgage option for those with a five per cent deposit.
The changes are effective from today, with the rate for its two-year fixed at 95 per cent LTV falling from 3.79 per cent to 3.45 per cent. The product comes with a £995 fee, £250 cashback and free standard valuation.
The lender has also cut the rate for its fee-free five-year fixed rate at 95 per cent LTV by 0.1 per cent to 3.88 per cent, which comes with free standard valuation.
Yorkshire Building Society has reduced the rate for select 90 per cent LTV products, including a five-year fixed product which has fallen by 0.1 per cent to 3.49 per cent.
The lender’s two-year fixed at 90 per cent LTV has also been decreased by 0.2 per cent to 3.09 per cent.
Both above products come with a £495 fee, £750 cashback and free standard valuation.
The lender has also introduced two remortgage products, a two-year fixed with a rate of 3.70 per cent and a five-year fixed with a rate of 3.79 per cent. Both are free-free and come with free standard valuation and remortgage legal service.
Yorkshire Building Society’s mortgage manager, Ben Reed, said: “We’re really pleased to introduce this refreshed range, which we hope will help support a variety of borrowers with smaller deposits, including those looking to remortgage with less equity.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
