The new two and five year products offer competitive low interest rates in return for a higher mortgage product fee.
Available from Friday 11 January for loans of up to 90 per cent LTV up to a maximum loan size of £250,000, all products are only available for a limited period.
Fixed rates for house purchase and re-mortgages are available at either 4.95 per cent for two years with a fee of £1,995 or at 5.35 per cent for five years at £1,995
Rates for remortgages only are 5.15 por cent for two years at £1,995 with free legal and valuation costs, or at 5.55 per cent for five years at £1,995 with free legal and valuation costs.
Chris Edwards, Yorkshire’s head of savings and mortgages said: “Each mortgage borrower has a different set of requirements. These new mortgage deals ensure that we have a mortgage for those who would rather pay a higher fee at the outset in return for a lower rate throughout the term of the mortgage.
”For borrowers who are coming to the end of a particularly low fixed rate mortgage the new deals, which offer some of the lowest fixed rates on the market, are likely to be attractive, particularly as the up front mortgage product fee can be added to the loan.”
