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Yorkshire BS launches new fixes

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
09/04/2015

Yorkshire Building Society has added a three-year fixed rate product to its mortgage range.

The mutual has unveiled the three-year fix at 1.99%, with £345 product fee.

The product offers £500 cashback on completion and is available from today, Friday 10 April.

It is on offer to borrowers with a 35% deposit.

For those with a smaller deposit, a three-year fixed product is on offer at 2.24% for borrowers with a 25% deposit. This product also comes with a £345 product fee and is eligible for the £500 cashback offer.

Existing products in the society’s range include its lowest ever two-year fixed rate mortgage at 1.18%, with a £1,369 fee, available to borrowers with a 35% deposit.

Brendan Gilligan, mortgage product manager for Yorkshire Building Society, said the new deals would appeal to people looking to lock in for the next few years.

“As a financially strong mutual which can focus fully on giving value to its members because it has no external shareholders, we are able to offer our members very competitive deals in order to help them own their dream home,” he said.

“We hope that these three-year fixed rate deals will appeal to customers who would like a competitive rate as well as the security of knowing what their mortgage repayments will be for the next 36 months.”