Yorkshire cuts mortgage rates

clock

Yorkshire Building Society has today announced that it will be cutting rates on all its fixed rate mortgage deals from Friday.

The new deals are available for home-movers and customers who wish to remortgage and offer low rates with high fees, high rates with low fees, and higher rates on fee free options. The two-year fixed range will start at 4.99% and three-year fixed-rates start at 5.19% with a 2% fee. Five-year deals will be cut to 5.59%, while ten-year fixed rates begin at 5.69% with a 2% fee. Fee-free options on all fixed rate deals feature an interest rate of 6.44%. Commenting on the rate cuts, Chris Edwards, head of mortgages and savings at YBS, says: “We have taken advantage of the current volatility ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read