Yorkshire Building Society has cut rates at 95% LTV by up to 34 basis points and also added remortgage options for borrowers with the smallest deposits.

The lender has also cut rates on some 85% LTV products.

Its most substantial rate cuts at 95% LTV include:

• A two-year fixed rate has been cut by 34 basis points from 3.79% to 3.45% with a £995 fee, £250 cashback and free standard valuation.
• A five-year fixed rate has been cut by 11 basis points from 3.99% to 3.88% with no fee and free standard valuation.

The following rates at 90% LTV have also been cut, both of which come with a £495 fee, £750 cashback and a free standard valuation:

• A two-year fixed rate of 3.29% has been cut to 3.09% 
• A five-year fixed rate of 3.49% has been cut to 3.39%.

For borrowers looking to remortgage at 95% LTV the following deals have just been launched:

• A two-year fixed rate of 3.7% and a five-year fixed rate of 3.79%, both of which are fee-free with a free standard valuation and legals.

Yorkshire Building Society mortgage manager Ben Reed says: “We’re really pleased to introduce this refreshed range, which we hope will help support a variety of borrowers with smaller deposits, including those looking to remortgage with less equity.”