Yorkshire Building Society introduces a new up to 99% value mortgage for first-time buyers through its Accord Mortgages division, offering a 5-year fixed rate for homes up to £500,000 with just a £5,000 deposit. This launch fills the gap left by the discontinued Help to Buy Scheme, marking a significant step for those entering the housing market. The product aims at providing stability with its fixed-rate plan, despite the high loan-to-value ratio and associated market risks.