YBS unveils 60% LTV direct deals

Published on

Yorkshire Building Society

The Yorkshire Building Society has expanded its mortgage range with the launch of new 60% LTV products.

However, the four new mortgages, including two offset products, are only available in branch, over the telephone and online.

The products are a two-year fixed rate at 2.39% with a £1,295 fee and a five-year fixed rate at 2.99% with £1,295 fee.

Offset alternatives are available of each and are priced 0.20 basis points higher than the non-offset equivalents.

Chris Smith, Yorkshire Building Society group direct mortgage manager, said: “For house buyers with a 40% deposit or home owners remortgaging, this provides a very competitive deal.

“Increasing the number of LTV levels at which we offer competitive products allows us to support an even wider range of people to buy or remortgage.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Click2Check adds ID verification to adviser compliance platform

Click2Check has added an identity verification service to its digital compliance platform, aimed at...

Atom points to growing near-prime hurdle for first-time buyers

First-time buyers with thin credit files or minor historic credit issues are becoming a...

Landlords move to regain possession before Renters’ Rights Act changes

Landlords stepped up possession activity in March as the 1 May implementation of the...

The Marsden appoints chief customer officer

Marsden Building Society has appointed Julia Brook as chief customer officer. Brook (pictured) will be...

Limited company landlords expect yields to rise despite higher costs

Most residential limited company landlords expect rental yields, demand and property values to increase...

Latest publication

Other news

Click2Check adds ID verification to adviser compliance platform

Click2Check has added an identity verification service to its digital compliance platform, aimed at...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market...

Atom points to growing near-prime hurdle for first-time buyers

First-time buyers with thin credit files or minor historic credit issues are becoming a...