Yorkshire cuts mortgage rates

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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 volatili...

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