A 5-year fixed rate mortgage at 90%LTV will be available at 4.74%.
Jemma Smith, product manager at Yorkshire Building Society, said: “We have been offering best buy rates at higher LTVs for some time and are committed to offering competitive deals to buyers with smaller deposits, first time buyers in particular.
“Helping first-time buyers to step onto the property ladder and buy their first home is one of our key aims as a building society with one in four of our mortgages being taken out by first-time buyers, we are proud to outperform the market in this sector.”
All the 90% LTV fixed rate mortgages in the Yorkshire’s range have offset equivalent products and these rate cuts are reflected in the offset mortgages which are priced 0.20% higher than their standard equivalent products.
