Yorkshire Building Society is increasing the options within its Drop Lock mortgage range.

The range consists of tracker mortgages but with the ability to fix at any time.

The mutual launched the range last week and has now raised the maximum LTV to 90% at a tracker rate of 3.99%, with a product fee of £495.

The Yorkshire now offers Drop Lock tracker options at 75% and 90% LTV.

Chris Smith, group direct product manager from the Yorkshire, said: “We have decided to introduce this lower deposit option as we believe it will help more people get on the property ladder