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Yorkshire Building Society to cut 90% fixed rate deals

By | 07 Jun 2012 | Be the first to comment

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Yorkshire Building Society is to trim 0.25% from its rates on 90% LTV fixed rate mortgages.

Starting from tomorrow, the society's two-year fixed mortgage will be cut to 4.49%, with a five-year fixed rate deal for homebuyers and remortgagers available at 4.74%. Both are available at 90% LTV.

Jemma Smith, mortgage product manager at Yorkshire, said: "With one in four of our mortgages being taken out by first time buyers, we are proud to outperform the market in this sector.

"We have been offering best buy rates at higher LTVs for some time and are committed to offering competitive deals to buyers with smaller deposits, first time buyers in particular."

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