Yorkshire Building Society Group has today launched new 95% loan to value mortgages to help people with small deposits and equity sums, with competitive rates starting from 4.59%.
The 36 two and five year fixed rate mortgages – available through Yorkshire, Barnsley, Chelsea and Norwich & Peterborough Building Societies and the Group’s intermediary-only lending arm Accord Mortgages – represents the widest choice of products available from any UK lender for those with a 5% deposit, and increases the current selection of 95% LTV mortgages by 56%.
Building on its reputation as one of the leading providers of offset mortgages, the Group has also become the only lender to provide the offset function at 95% LTV, encouraging borrowers to continue and benefit from good savings habits.
The mortgages are an extension of the Group’s existing selection of products and do not form part of the Government’s Help to Buy scheme or require any family guarantee.
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