Yorkshire continue trend of reducing mortgage rates

Yorkshire Building Society is continuing its trend of reducing mortgage rates - this time on its innovative tracker-to-fixed mortgage range.

During 2011, the Yorkshire has been consistent in providing excellent value mortgages across a wide range of product options, with choice of terms, fees and a wide range of loans to value.  It is therefore no surprise that we have received over 1000 Presswatch best buy mortgage mentions this year alone, ahead of all of our competitors.

The new products will be available from Friday 23rd September;

2 year tracker at BoE + 1.79% followed by a 3 year fixed at 3.39% (75%LTV)
2 year tracker at BoE + 2.49% followed by a 3 year fixed at 4.09% (85% LTV)
2 year tracker at BoE + 3.49% followed by a 3 year fixed at 5.09% (90% LTV)

Adding to their competitiveness all these products are available with a £995 fee.

"Commenting on the new range the Yorkshire's Mortgage Product Manager Alice Leslie said; "When we launched the tracker-to-fixed product we had a hugely positive response from customers.  We're please to be able to offer these great value products allowing customers the opportunity to take advantage of the low tracker rate - but then have the certainty of a determined fixed rate in the medium term."  

The Yorkshire is also making a number of changes to its two-year fixed rate mortgage range (75%LTV);

2.49% with a £995 fee
2.69% with a £95 fee
2.59% with a £495 fee plus free incentives for house purchase and remortgage customers.

For more information, visit ybs.co.uk.