The lender will offer the product on mortgages up to 75% LTV without a product fee, although a £130 processing fee will apply. Yorkshire will also offer an offset equivalent at 4.19%. Both will be available through direct channels only.

It said that long-term fixes had proven popular in the past amongst consumers looking to lock into mortgages over a longer period.

“We’ve seen strong demand for our 10 year fixed rate mortgages in the past so we’re pleased to be able to offer this option once again,” said Yorkshire Building Society product manager Brendan Gilligan.

“Borrowers have been taking advantage of our current low mortgage rates by fixing their payments and this latest 10 year product offers them the certainty of knowing what they will be paying each month for years to come.

“In addition, this mortgage is portable which means borrowers could transfer it if they move home between now and June 2023.”