It will track Bank of England’s base rate for two years but cost could go up if Bank moves interest rates
Yorkshire building society this week launched a mortgage with a market-leading rate of 0.78% – but the cost could go up if the Bank of England moves interest rates.
The mortgage, which is available to borrowers with a deposit of 35% or more, will track the Bank base rate for two years, running at 0.68% above the official rate until the end of October 2023.
