Yorkshire Building Society reduces mortgage rates by up to 0.18 percentage points

Key products from the new range are:

• A two-year fixed rate for home purchase purposes at 3.92% (was 4.02%), with a £995 fee and free standard valuation
• A three-year fixed rate for remortgage at 4.07% (was 4.22%), with a £995 fee, free standard valuation and free remortgage legal work
• And a five-year fixed rate for home purchase at 4.25% (was 4.43%), with no fee and free standard valuation.

Yorkshire Building Society product manager for mortgages, Gemma Hyland said: “We’re continually looking for opportunities to pass on even better value to our customers and a little recent volatility in mortgage market rates has given us just that – hence we’re delighted to announce this latest rate reduction.”