View more on these topics

Yorkshire to cut three- and five-year fixed rates


Yorkshire Building Society is cutting rates on some three- and five-year fixed loans by 0.14 per cent tomorrow.

The lender is applying the changes to fixed-rate mortgages at 65, 75 and 85 per cent LTV residential and remortgage loans.

The changes mean the lender will offer a three-year fix at 1.88 per cent for borrowers with a 25 per cent deposit and a 2.03 per cent three-year fix at 85 per cent LTV.

The lender’s new five-year fixed loans will include deals at 1.98 per cent at 65 per cent and 2.08 per cent at 75 per cent.

Each mortgage comes with a £845 fee.

Yorkshire Building Society mortgage product manager Brendan Gilligan says: “Our rate reductions will offer borrowers with a range of deposits competitive rates and the security of knowing how much their mortgage repayments will be for the next couple of years, especially during this time of economic uncertainty.”


Yorkshire Building Society first half lending falls 17%

Yorkshire Building Society has reported a 17 per cent decline in net lending during the first half of the year at £521m down from £630m over the same period in 2015. The mutual posted pre-tax profits of £99.9m for the first half, down 10 per cent from £111.2m over the same period last year. Mortgage balances […]


Yorkshire launches first-time buyer fixed rate mortgages

Yorkshire Building Society has launched two fixed rate first-time buyer mortgages. The first has a rate of 1.94 per cent up to 90 per cent LTV, with a £1,345 product fee. The second is 3.48 per cent to 95 per cent LTV with an £845 fee. Yorkshire Building Society mortgage product manager Brendan Gilligan says: […]

Yorkshire BS launches high LTV deal at below 2 per cent

Yorkshire Building Society has today launched the lowest fixed rate mortgage on the market available to borrowers with a 10 per cent deposit. According to, the price comparison website, this is a record-breaking rate on a product of this kind. The Society is offering a 1.98 per cent rate, fixed for two years, to […]


Under the radar – Fit for Work and sickness absence

Earlier this month we sat in on a presentation delivered by the Fit for Work service, and this session did highlight one small but important change to the offering that we must admit had slipped under our radar. The Sickness Absence Review published in 2010 suggested that the Independent Assessment Service (now branded Fit for Work) should have three access points; referral by […]

A funny old year

The past 12 months have been turbulent – just take a look at this chart of the FTSE 100 over the last year. There have been some points which I’m sure would have caused your clients some concern, and possibly even had them looking for an alternative investment with reduced volatility; perhaps without reducing their […]


News and expert analysis straight to your inbox

Sign up