Yorkshire Building Society launches three new fixed-rate mortgages

Date:Wednesday 10th February 2010
Author: Susanna Kavka

Yorkshire Building Society unveiled three new fixed-rate mortgage products.

Prospective buyers can now choose between a fixed term of one, two or three years from the company's newest range of products.

Consumers opting to fix for one year will receive a rate of 2.99 per cent, which is available with a loan-to-value (LTV) of up to 75 per cent.

Those who choose to take out the building society's lowest ever two-year fixed rate of 3.09 per cent can have a LTV of up to 60 per cent.

Meanwhile, a three-year product with a LTV of 75 per cent has a rate of 4.14 per cent.

Cuts to rates of up to 0.6 per cent have also been recently made across the building society's range of mortgages.

Tom Girling, product manager for mortgages with the company said that Yorkshire Building Society is aiming to make mortgages more affordable for people trying to get on the property ladder.

The products are obtainable through visiting a branch or logging on to the company's website.