Yorkshire Building Society has launched two new three-year fixed rate mortgages, with 75% and 85% LTV ceilings.

The three-year fixed rate mortgage for borrowers with an LTV of 75% is priced at 3.69% while those with an LTV of 85% will get 4.59%.

These mortgages come with a product fee of £995 and are available exclusively through moneysupermarket.com.

Hannah-Mercedes Skenfield, moneysupermarket.com spokesperson, said: “Since the beginning of the year we have started to see healthy competition within the mortgage market with fixed rate deals in particular starting to come down.