Yorkshire Building Society launches five year fixed rate mortgage at 3.49%
Yorkshire Building Society has dropped the interest rates on its two-year and five-year fixed rate mortgages.
Borrowers can now get a two-year deal at 2.59 per cent or a five-year at 3.49 per cent, with both carrying a £995 fee.
For those looking to minimise their upfront costs, the shorter term deal is available at 2.79 per cent and the longer one at 3.69 per cent, for a reduced fee of £95.
Both new and existing customers can take advantage of the offers, on a loan-to-value ratio of 75 per cent.
Yorkshire's Group direct mortgage manager Chris Smith said: "We are committed to offering our members the best value for money and strive to keep our rates competitive.
"The fixed rate deals are particularly attractive and have been introduced in response to demand from borrowers wanting the security of fixing the same regular monthly mortgage repayment, at a time when their household budget continues to be squeezed."
Use the Myfinances.co.uk comparison tables to find a better mortgage deal
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