The Yorkshire Building Society has reduced rates on selected fee-free fixed rate remortgages and added £300 cashback, free standard valuation and free legal fees.
The society has also extended its end dates to December.
Thousands of mortgage deals worth more than £26 billion are coming to an end in October alone.
New deals include:
- 1.87% two-year fixed rate remortgage for homeowners requiring 65% loan to value (LTV)
- 2.14% five-year fixed rate remortgage (65% LTV)
- 1.95% two-year fixed rate remortgage (75% LTV)
- 2.19% five-year fixed rate remortgage (75% LTV)
The packages are also available to borrowers with limited equity. Those requiring 90% LTV can take advantage of a fee-free rate of 2.21%, while those with 5% equity can get the same deal with a rate of 3.35%. Both rates come with the £300 cashback, free standard valuation and free legal fees.
Charles Mungroo, senior mortgage manager at Yorkshire Building Society, said: “The largest mortgage maturity period of the year is upon us and we’re keen to give borrowers looking for their next deal a range of competitive options.
“We’ve removed completion fees and added a host of additional features to many of our remortgages to help those renewing their home loan keep upfront costs down.
“With so much economic uncertainty in the coming months we appreciate borrowers may be planning ahead and wanting to arrange their home loan before the fall-out of Brexit is known. All our mortgage offers are valid for six months so if that’s the case, homeowners could choose a new rate now and have the reassurance their mortgage is arranged and ready to renew when their current deal expires – regardless of what happens when the UK is due to leave the EU.”
