Yorkshire Building Society launches 3-year fixed rate mortgages

These mortgages come with a product fee of £995 and are only available exclusively through moneysupermarket.com

Hannah-Mercedes Skenfield, mortgage expert at moneysupermarket.com, said: "Since the beginning of the year we have started to see healthy competition within the mortgage market with fixed rate deals in particular starting to come down. These two 3-year fixed rate products which are available exclusively through moneysupermarket.com are great deals for those with a deposit of up to 25 per cent.

"With interest rates low and uncertainty around when they will begin to rise again, fixing your mortgage rate for 3 years is a good option for many who want the certainty of a fixed rate without the commitment of a long term deal. They also offer peace of mind that when interest rates rise, you will not be hit by any increases."

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