Yorkshire Building Society has reduced rates for some of its higher loan to value (LTV) products by around 0.05 per cent.
The lender has cut its five-year fixed-rate mortgage aimed at first-time buyers up to 90 per cent LTV, which has gone down from 4.87 per cent to 4.82 per cent. The product comes with no fee, £1,000 cashback and free standard valuation.
Its two-year fixed purchase rate up to 90 per cent LTV has decreased from 5.07 per cent to 5.02 per cent. The product comes with a product fee of £1,495 and free standard valuation.
Yorkshire Building Society’s two-year fixed remortgage product up to 90 per cent LTV has decreased from 5.07 per cent to 5.02 per cent. It is subject to a £1,495 fee and free remortgage legal service, as well as standard valuation.
Ben Merritt, director of mortgages at Yorkshire Building Society, said: “The markets remain very much in flux, with funding costs varying significantly from one day to the next. Amidst this environment, we are watching vigilantly for any and all opportunities to pass on added value to our customers.
“This reprice represents our latest attempt to do that and, we hope, offers some attractive options, particularly for borrowers who have smaller deposits to put down.”
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.
