Rates take a tumble at Yorkshire BS

The society is introducing a 2-year fixed rate mortgage from 2.89% and a 5-year fixed rate mortgage from 3.89%.

The new rates include a low £95 fee option, for new and existing customers, with £250 cash-back on completion, with rates from 2.99% fixed for two years and 3.99% fixed for five years.

Chris Smith, Yorkshire group product manager, said: "Once again our changes to our existing range will ensure that our members are getting the best value for money and we are proud to introduce these new competitive rates alongside cash-back opportunities."