Yorkshire Building Society has launched two new best buy mortgage deals for people who need to borrow up to 90 per cent of the value of their home.
For those who would like a little extra help with the initial costs of their mortgage, similar products are also available at 5.19 per cent fixed for two years or 5.89 per cent fixed for three years. Both products carry a £495 fee and include a free standard valuation and free legal service for those buying a property, or free standard valuation and £250 cashback for those looking to remortgage.
Tom Girling, product manager for mortgages said: “Both our two and three-year fixed rate deals offer fantastic value to borrowers who have a 10 per cent deposit – an area of the market where only a handful of other lenders are currently striving to offer competitive deals.
“At the Yorkshire, we’re trying to help as many people as possible obtain a mortgage and offering fixed rate loans to borrowers with a 10 per cent deposit is just one of the many steps we have taken to diversify our product range. However, by ensuring we only offer fixed rates in this area we can make sure our borrowers have piece of mind when it comes to their mortgage payments whether they are looking to buy their first property or remortgage.”