The Co-operative Bank has unveiled a new range of fixed mortgage rates. New deals include:
- Fee free three-year fixed rate products available up to 75% LTV at 3.14% and up to 85% LTV at 3.99%
- A 5 year fix at up to 85% LTV for 3.69% with a fee of £999, or fee-free for existing current account customers
James Hillon, head of mortgages for The Co-operative Bank, said: “It’s our goal to make it as easy as possible for customers to take out a mortgage. Not only have we made it easier for customers to choose a mortgage by launching a range of market leading rates with fee free options, but all customers also get a dedicated adviser to keep them updated each step of the way.” The new products are as follows:
Product | Rate | Fee | LTV | Reduction |
Three-year fixed rate | 3.04% | £999 | 75% | 15 bps |
3.59% | £999 | 85% | 20 bps | |
3.14% | £0 | 75% | 15 bps | |
3.99% | £0 | 85% | 20 bps | |
Five-year fixed rate | 3.19% | £999 | 75% | 10 bps |
3.69% | £999 | 85% | 30 bps | |
3.29% | £0 | 75% | 10 bps | |
Five-year fixed rate (current account exclusive) | 3.19% | £0 | 75% | 10 bps |
3.69% | £0 | 85% | 30 bps |