Yorkshire Building Society launches record low UK mortgage rate

Deal priced at 0.89% for two years suggests competition in home loan market may be hotting up as new lenders join

Britain’s lowest-ever mortgage rate has been launched, priced at 0.89% for two years.

There were predictions a few months ago that the era of record-low mortgages may be coming to an end, but the new move by the Yorkshire Building Society suggests that, if anything, competition in the home loans market may be intensifying. The previous lowest rate was 0.98%.

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April 21st, 2017 by