YBS re-enters 90% LTV market

Notable deals include a 90% LTV 2-year fix at 3.69% and a 90% LTV 5-year fix at 3.79%.

YBS re-enters 90% LTV market

Yorkshire Building Society has re-entered the 90% LTV market.

The offerings are available to first-time buyers, existing homeowners and for remortgages.

Notable deals include a 90% LTV 2-year fix at 3.69% and a 90% LTV 5-year fix at 3.79%.

Both products include a £995 fee.

All offerings for house purchase include a free standard valuation, and those looking to remortgage will benefit from free legals.

Ben Merritt, senior mortgage manager at Yorkshire Building Society, said: “We know it’s been a really tough few months for borrowers with smaller deposits but hope returning 90% LTV mortgages to our core range will provide a welcome boost to people wanting to get on to, or move up, the property ladder.

“We’ve consciously designed the new range to include something for homebuyers, movers and people remortgaging to make sure our options meet the varying needs of those borrowing more money against the value of their house.”