Yorkshire BS cuts 85% LTV tracker by 0.60%

The product has a fee of £495 and offers free valuation and legal fees to those people looking to remortgage. An offset version is also available priced at only 0.10% higher.

Tom Girling, mortgage product manager at the Society commented: "With the lion's share of mortgage applications across the market being for variable rate loans,we expect to see a lot of interest from borrowers with this new best buy. The low fee should also prove very attractive for customers as many of the competitive deals in the market still come with high fees."

This new tracker deal follows on from Yorkshire's recently launched best buy two-year fixed-rate mortgage at 3.09% at 60% LTV, three-year fixed-rate mortgage at 4.14% up to 75% LTV and its 5.69% two-year fixed-rate first- time buyer product at 85% LTV.