Mortgage deals reduced at Yorkshire Building Society

Date:Friday 27th February 2009
Author: Max Freedman

Reductions are being made on mortgage prices by the Yorkshire Building Society.

Mortgage product manager at the organisation, Tom Girling, said that the society hopes to increase applications as activity stirs within the mortgage market.

A two-year, fixed-rate mortgage with a loan-to-value (LTV) of 60 per cent is now on offer with a rate of 3.69 per cent.

It also carries a £495 fee.

The society added that its remortgage deal carries legal services and a standard valuation without charge and a £250 cashback option.

Furthermore, there are mortgage deals available for LTVs of 75 per cent for durations of two, three and five years.

Rates on these deals go from 3.79 per cent to 4.59 per cent.

Earlier this month, a new range of mortgage products was released by the building society.

The line included fixed-rate mortgages for LTVs of 60 per cent and 75 per cent.

Higher LTVs of 85 per cent could be applied for over the phone or in branches.