Yorkshire Building Society is reducing its mortgage rates for the second time in three weeks, this time by as much as 0.55%.
As part of these cuts, a best buy 5-year fix at 3.99% up to 75% loan-to-value (LTV) is now available to those remortgaging.
This comes with a £1,495 fee, free standard valuation and remortgage legal service.
In addition, a 2-year fix at 4.24%, up to 60% LTV is available to those remortgaging, and comes with a £1,495 fee, free standard valuation and remortgage legal service.
Lastly, a 2-year fix at 5.04% is also available to those purchasing a home with a 10% deposit, and comes with a £1,495 fee and free standard valuation.
Aidan Smith, mortgage product manager for Yorkshire Building Society, said: “We’re so pleased to be able to, once again, pass on the benefit of more favourable market conditions.
“As usual, we’ll continue to monitor market trends, reacting wherever we can to pass on added value to borrowers, helping them to achieve their homeownership dreams.”
Rachel Springall, finance expert at Moneyfacts, said: “It’s great to see Yorkshire Building Society reduce mortgage rates for different fixed terms, which include deals available to remortgage customers.
“There will no doubt be borrowers out there looking to refinance this year, and any deals that carry incentives could help them save on the upfront cost.”
