The Yorkshire offers four-year fixes for the first time

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The Yorkshire Building Society has launched its first ever range of four-year fixed rate mortgages.

There is a 1.89% four-year fixed rate mortgage at 65% LTV, while customers with a 25% deposit can chose a 2.29% four-year fixed rate.

Customers with a 10% deposit can get a four-year fixed rate mortgage at 3.54%. All these mortgages have an £845 product fee.

Brendan Gilligan, product manager for Yorkshire Building Society, said: “As a sustainable building society which puts the needs of its members first, we are always striving to offer our members the best possible selection of mortgages we can.

“We think four-year fixed rates will appeal to customers looking for something in between a two and five-year fixed rate mortgage, yet few providers offer this option to customers, which is why we’ve decided to launch our own range.

“These highly-competitively priced mortgages are available at three different loan-to-value brackets, so we hope they will  appeal to a wide range of mortgage customers.”