New best buy mortgage from Yorkshire Building Society

Date:Friday 29th January 2010
Author: Max Freedman

Yorkshire Building Society has added a new best buy product to its mortgage range.

Consumers looking to take out a mortgage now have the option of a two-year fixed-rate product, which offers a rate of 3.29 per cent.

Available with a loan-to-value (LTV) of 60 per cent and a fee of £1,195, it is the lowest priced two-year fix that is available directly to customers.

It couples with another two-year fixed-rate on offer with the building society, which provides a rate of 3.59 per cent and fees of £495, giving potential borrowers the option of having either a lower fee or lower rates.

Tom Girling, product manager for mortgages at the building society, said: "We have been cutting rates across our whole range over the past month, making mortgages even more affordable for those looking to get onto the property ladder."

This new deal follows on days after a five-year fixed-rate mortgage with a 90 per cent was launched exclusively for the building society's members.