Yorkshire launches direct-only 90% LTV
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Yorkshire Building Society has launched a direct-only 90% LTV mortgage deal for first-time buyers.
Only available from Yorkshire branches the two- year fixed rate product at 5.99% has no fees and £500 cashback exclusive to first-time buyers.
Tom Girling, mortgage product manager at the Yorkshire, says: “We’ve tried to balance the need to help first time buyers with the need to lend responsibly and designed the new range to provide different ways to help those who are just starting out.
We are now lending to people with smaller deposits and waiving many of the fees. This can save around £2,500 which can make such a difference to the amount a borrower can put down as a deposit.”
