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Friday, June 26, 2020

Yorkshire building society relaunches 90% mortgages for first-time buyers

The lender had suspended such home loans earlier this month after unprecedented demand

Yorkshire building society has relaunched 90% mortgages for first-time buyers and cut its interest rates, in a rare piece of good news for those trying to get on to the housing ladder.

The lender, which suspended 90% home loans earlier this month after unprecedented demand from buyers, said these deals would only be available when at least one applicant was a first-timer.

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