Yorkshire Bank reduces rates

The Bank has also reduced the arrangement fee on its 2 year fixed rate mortgage by £1,000 for customers with up to 60% LTV. The rate is 3.79%.

In addition, first time buyers with a 10% deposit can take advantage of Yorkshire Bank’s fee free 3 year mortgage fixed at 6.29%, or pay £599 and get a rate of 5.99%. First time buyers with a 5% deposit can access a rate of 6.99% with a £599 arrangement fee.

Gary Lumby, Yorkshire Bank’s head of retail, said: "We will work with all our customers to find the correct mortgage to suit their individual needs whilst continuing to deliver the high level of service that our customers have grown to expect.”