Earlier this month, the bank suspended 90% mortgages after an unprecedented level of demand from prospective buyers. Yorkshire Building Society said these deals would only be available when at least one applicant was a first-timer.

The lender said that its “desire to lend has not wavered” and that it had made no changes to its lending criteria or how much it was willing to offer buyers.

First-time buyers can choose from a range of deals including a five-year fixed-rate with an interest rate of 2.99%, a £495 product fee and a free valuation.

Yorkshire Building Society has also slashed rates across the rest of its offering. A similar five-year fixed-rate for remortgagers borrowing up to 65% loan to value has an interest rate of 1.49% and a £1,495 fee, while for anyone moving home the rate is 1.62%, with a £495 completion fee, free valuation and £500 cashback.