Yorkshire launches two-year fix at 3.09%

Yorkshire Building Society has launched a two-year fixed rate mortgage at 3.09%, only available to those going direct.  

It has also made cuts across its range of fixed rate products by up to 0.40%. 

It is now offering a one-year fixed rate at 2.99%, up to 75% LTV with a fee of £195.

As well as a two-year fixed rate at 3.09%, up to 60% LTV, with a fee of £1,195.

Its three-year fixs now start at 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.

Tom Girling, product manager for Mortgages, at the society, says: “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.”