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Fixed rates cut in revamped Yorkshire mortgage range

Yorkshire Building Society is relaunching its mortgage range with cuts in fixed rates and a new capped-rate product.

Its three-year fixed mortgage is cut to 6.65 per cent from 6.9 per cent for up to 95 per cent loan to value.

Its five-year mortgage is cut to 6.95 per cent from 7.15 per cent for up to 95 per cent loan to value.

A second five-year mortgage fixed at 7.65 per cent for up to 95 per cent loan to value gives 4 per cent cashback. Previously, the rate was 7.85 per cent.

A three-year mortgage fixed at 6.49 per cent for up to 75 per cent loan to value with no cashback has also been introduced.

Yorkshire Building Society is also introducing a mortgage capped for four years at 6.79 per cent for up to 95 per cent loan to value with no cashback.

An application fee of £250 is charged on all the society&#39s mortgages, with £75 payable on application and £175 on completion.

Fee-free and discount mortgages offered by Yorkshire remain unchanged.

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