Best Buy Fixed Rate Mortgages from Yorkshire Building Society

Yorkshire Building Society has launched its lowest 2 year fixed rate mortgage and cut rates on a number of other of its fixed rate mortgages.

Tom Girling, Product Manager for Mortgages, at the Society said: “This is the third time we have cut rates this year making mortgages even more affordable for those looking to get onto the property ladder or who are ready to move their mortgage to a new more competitive deal.”

The fixed rate mortgages from Yorkshire now include:

• 1 year fixed rate from 2.99%, up to 75% LTV, with a fee of £195
• 2 year fixed rate from 3.09%, up to 60% LTV, with a fee of £1,195
• 3 year fixed rate from 4.14%, up to 75% LTV, with a fee of £495

The new mortgages all have free valuation and legal fees for remortgage customers and offset versions are also available.

These mortgages are available online or at Yorkshire Building Society branches.

Perhaps it is time to remortgage? Mortgage providers are starting to raise their SVRs as rates for new borrowers are falling. This makes it more attractive to consider a remortgage at the end of a mortgage deal rather than staying on the SVR, as has been the case in recent times.