Clydesdale Bank and Yorkshire Bank have cut the rates on
their mortgages for those with a five per cent deposit, beating deals offered
through the Help to Buy scheme. The banks reduced the rates on their three year fixed
rate mortgages, from 5.49pc to 4.99pc, for those with a 5pc deposit.
RBS-NatWest, which is majority owned by the Government, was the first to reveal
the pricing of its Help to Buy mortgages on Tuesday, offering a two-year fixed
rate deal at 4.99pc with no fees. Read more on the Daily Telegraph website.
