Yorkshire Building Society offers new mortgage deals

Yorkshire Building Society is launching new fixed rate mortgages on Friday 11th January to complement its current range of deals.

The new two and five year products offer very competitive low interest rates, in return for a higher mortgage product fee, and are only available for a limited period.

All the new mortgages are available for loans of up to 90% of the property value, up to a maximum loan size of £250,000.

Commenting on the new mortgages, Chris Edwards, Yorkshire’s Head of Savings and Mortgages said: “Each mortgage borrower has a different set of requirements. These new mortgage deals ensure that we have a mortgage for those who would rather pay a higher fee at the outset in return for a lower rate throughout the term of the mortgage.

”For borrowers who are coming to the end of a particularly low fixed rate mortgage the new deals, which offer some of the lowest fixed rates on the market, are likely to be attractive, particularly as the up front mortgage product fee can be added to the loan.”