Yorkshire Building Society has launched two mortgages for borrowers with 5% and 10% deposits.
The Society is offering a two-year fixed rate 1.94% mortgage for those with a 10% deposit, which is available for borrowers who are buying a home and those who are remortgaging. It has a £1,345 product fee.
Available to those with a 5% deposit there is a 3.48% mortgage, fixed for two years, which is for those buying a home only. It has an £845 product fee.
Brendan Gilligan, mortgage product manager for Yorkshire Building Society, said: “Getting on the housing ladder can be tough, but it’s something which UK adults under 40 prioritise as their key life ambition, as our research into homeownership earlier this year shows.
“We’re pleased to offer these two competitive rates which we hope will help more first-time buyers achieve their homeownership aspirations.”
What Mortgage has teamed up with London & Country to offer you expert advice on the right mortgage deal.
Whether you’re buying a new home, remortgaging to a new deal or buying an investment property, L&C can help – and you’ll pay no fee for their advice. To find out more, click here.
Loading ...