Yorkshire best buy 85% LTV fixed rate mortgage

On Wednesday 24th March, Yorkshire Building Society is cutting the rate on its two-year fixed rate mortgage by 0.70% for people with a 15% deposit. The new rate will be 4.49% with a low fee of £495 and comes with free valuation and legal fees.

This new product follows hot on the heels from Yorkshire's recently launched two-year tracker product at 3.79% (BoE + 3.29%) also for people with a 15% deposit.

Offset versions are available on either of these mortgages priced at only 0.10% higher.

Tom Girling, Mortgage Product Manager at the Society commented: "We now provide a great range of products for people with smaller deposits as we look to increase our lending for the year following continued confidence in the housing market. The low fee on both the fixed and tracker products should also prove very attractive to customers as many of the other competitive deals in the market still require a high upfront fee."

"These mortgages are available online and from all our branches, where our fully qualified mortgage advisers can guide and support people buying a home through the house buying process."