Yorkshire Building Society has reduced rates across its mortgage range by up to 0.25%.

The rate changes include the lender’s two-year fix, up to 75% loan-to-value (LTV) which has been reduced from 4.89% to 4.74%.

This product is for house purchase, has a £495 fee, comes with £250 cashback and a free valuation.

There is also a two-year fix, up to 75% LTV which has been lowered from 5.04% to 4.79%.

This product is for remortgage, has a £495 fee, comes with £250 cashback and a free valuation.

Other highlights include: • A five-year fix at 4.39% (was 4.49%) up to 75% LTV, for remortgage, with a £1,495 fee, free standard valuation and remortgage legal service.

Yorkshire Building Society product manager Aidan Smith says: “We’re delighted to announce that we’ve sharpened our mortgage rates for the second time in the space of a month, and are particularly pleased to include some attractive Best Buy products in our new range.”

“We’re watching market developments very closely in order to take every opportunity we can to pass value back to borrowers – understanding the pressures they continue to face due to today’s high-cost environment.”