Yorkshire Building Society has rolled out a competitive new ten-year fixed rate mortgage product for borrowers looking for a long-term investment.
The offer – which was introduced on Friday (April 26th) – comes with a best buy rate of 3.99 per cent for mortgages up to 75 per cent loan-to-value (LTV).
According to product manager of the financial services company Brendan Gilligan, Yorkshire Building Society has seen demand for ten-year fixed mortgages grow in recent times, so the firm is pleased to be able to offer this option to consumers once again.
“Borrowers have been taking advantage of our current low mortgage rates by fixing their payments and this latest ten-year product offers them the certainty of knowing what they will be paying each month for years to come,” he added.
Customers will further benefit from the fact the new deal has no product fee attached to it and is fixed until June 30th 2023, while an offset equivalent is also available at 4.19 per cent.
Other fixed products offered by the building society include a two-year mortgage at 1.79 per cent at a maximum of 60 per cent LTV.
