The Yorkshire Building Society has reduced selected rates across a range of higher loan-to-values (LTVs), starting from 85% LTV.
The range also features new products for borrowers looking to remortgage at 95% LTV.
Changes include:
- A two-year fixed rate of 3.45% (was 3.79%), available for homebuyers, which comes with a £995 fee, £250 cashback and free standard valuation.
- A fee-free five-year fixed rate at 3.88% (was 3.99%), available for homebuyers, which comes with free standard valuation.
Alternatively, borrowers looking to buy a home with a 10% deposit can benefit from new deals, including a two-year fixed rate of 3.09% (was 3.29%), or a five-year fixed rate of 3.39% (was 3.49%), both of which come with a £495 fee, £750 cashback and free standard valuation.
The mutual has added two new products to its 95% LTV range – a two-year fixed rate of 3.70% and a five-year fixed rate of 3.79%, both of which are fee-free and benefit from free standard valuation and free remortgage legal service.
Ben Reed, mortgage manager at Yorkshire Building Society, 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.”