Yorkshire Building Society has cut mortgage rates for those with a 15% deposit, with a three-year fixed rate product now priced at 4.59% with a £495 fee.

The newly priced range also includes a two-year fixed rate at 3.99% with a £995 fee and a three-year tracker at 3.49% with a £495 fee.

The Yorkshire also offers alternative versions of these products for those who would like a little additional help with the initial costs of their mortgage. These deals include a free standard valuation and legal service for borrowers who are remortgaging, and a free standard valuation and £250 cashback for home movers or those buying their first property.

These deals include a two-year fixed rate at 4.19% with a £495 fee a three-year fixed rate at 4.69% with a £495 fee and a three-year tracker at 3.59% (Bank of England base rate + 3.09%) with a £495 fee.

Chris Smith, senior product manager for mortgages, said: “Our new range of mortgages for people with a 15% deposit offers great value and a variety of options to suit borrowers’ pockets.