Yorkshire Building Society has cut rates on selected tracker mortgages.

Cuts are being introduced on the Society’s tracker products at 75% LTV, including drop lock mortgages and the track and fix product, with the majority of rates being cut by 0.20 percentage points.

A two-year tracker mortgage available up to 75% LTV is now available at 2.79% with £995 fee, with the offset equivalent now available at 2.99%.

“We work hard to keep our mortgages competitive as part of our commitment as a building society to help home buyers – and homeowners who want to remortgage – to fulfill their property aspirations,” said Jemma Smith, Yorkshire Building Society’s mortgage product manager.

“Customers confident the Base Rate will remain at its historic low for some time yet may favour a simple tracker, while our droplock and track and fix mortgages may appeal to those who want to benefit from the current low rates whilst protecting themselves against potential increases.”