Extra help for borrowers as the Yorkshire cuts fixed rates
Yorkshire Building Society is cutting fixed rates on 90% Loan To Value (LTV) products by up to 0.25% from Friday, 8 June, with rates starting at 4.49% for a two year fixed rate mortgage.
A five year fixed rate mortgage at 90% LTV for purchase or remortgage customers will be available at 4.74%.
"We have been offering best buy rates at higher LTVs for some time and are committed to offering competitive deals to buyers with smaller deposits, first time buyers in particular," said Yorkshire Building Society Mortgage Product Manager Jemma Smith.
"Helping first time buyers to step onto the property ladder and buy their first home is one of our key aims as a building society - with one in four of our mortgages being taken out by first time buyers, we are proud to outperform the market in this sector."
All the 90% LTV fixed rate mortgages in the Yorkshire range have offset equivalent products and these latest rate cuts are reflected in the offset mortgages, which are priced 0.20% higher than their standard equivalent products.
First time buyer mortgages are available from any of Yorkshire Building Society's 137 branches - to find your nearest branch or make an appointment to see a mortgage advisor, visit ybs.co.uk/branchfinder.