Yorkshire BS launches five-year fix at 3.99%

Yorkshire Building Society is launching a five-year fixed rate mortgage with a rate of 3.99%.

The product comes with a £995 fee and there is a reduced-fee option with a rate of 4.39% and a fee of £95.

The deal is available up to 75% LTV and includes offset options.

Chris Smith, group direct mortgage manager at the Yorkshire, says: “Choosing a fixed rate mortgage gives borrowers peace of mind about their repayments and helps them to budget each month.

“The new five-year fixed rate deals are highly competitive and complement our existing range of fixed rate mortgage products, which are available for terms between two years and 10 years.”