Yorkshire Building Society cuts mortgage rates on 100 Mortgages

Yorkshire Building Society are cutting some of their fixed rate mortgages by up to 0.5%, the lender will also be introducing a new low-rate product.

Yorkshire Building Society has said that they are responding to the needs of their consumers, which is why they are offering products with lower payments, perfect for this current credit crisis.

The new lower mortgage rate will be 4.99% however; this comes with a higher fee of 3%, this product has been designed for borrowers who wish to keep their monthly rates down.

Mortgage product manager at Yorkshire, Tom Girling has said “We understand that this mortgage will not suit all borrowers, but it is offered as an option for those who may be finding that their monthly income is stretched to the limit. For borrowers who can afford a little more each month, we have mortgage options with lower fees and no fee products.”

Yorkshire Building Society has also lowered their rates by as much as 0.5% on a rage of their products, from

Yorkshire has also cut rates by as much as 0.5% on a selection of two-year, three-year, five-year and ten-year fixed rates.

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