The Yorkshire launches its first-ever four-year fixed rate mortgages

Yorkshire Building Society has launched its first-ever range of four-year fixed rate mortgages in a bid to offer an even wider choice of mortgage options.

Customers with a 35% deposit can opt for a highly competitive 1.89% four-year fixed rate mortgage, while customers with a 25% deposit can chose a 2.29% four-year fixed rate. Customers with a 10% deposit can get a four-year fixed rate mortgage at 3.54%. All these mortgages have an £845 product fee.

Brendan Gilligan, Product Manager for Yorkshire Building Society, said: “As a sustainable building society which puts the needs of its members first, we are always striving to offer our members the best possible selection of mortgages we can.

“We think four-year fixed rates will appeal to customers looking for something in between a two and five-year fixed rate mortgage, yet few providers offer this option to customers, which is why we’ve decided to launch our own range.

“These highly-competitively priced mortgages are available at three different loan-to-value brackets, so we hope they will  appeal to a wide range of mortgage customers.”

For more information, visit ybs.co.uk.