The highlights of the range are a five year fix at 4.69% and a 10 year fix at 4.99%. Rachel Court, Head of Mortgages at the Yorkshire said: "A significant number of people are now coming to the end of what were extremely competitive two year fixed rate deals - only to discover that as interest rates have risen over the period, the cost of replacement deals is now substantially higher. We are responding to that need by launching a range of highly competitive fixed rate products."
Rachel continued: "The five year product is a cracking rate and gives an opportunity to fix for a longer period at the same rate as two years - avoiding the type of refinancing shock that many borrowers are currently experiencing, plus all the cost and hassle of shopping around every couple of years."
Borrowers who prefer a variable rate can have a BoE Tracker at base rate (4.75%) for two years. In addition, the 2 and 5 year ranges have a fee-assist option.
