New two-year fixed-rate mortgage
The Co-operative Financial Services has added a new two-year fixed-rate deal to its mortgage range.
This new mortgage is available through both the Co-operative Bank and Britannia, interest rates of 3.19 per cent are available on up to 75 per cent loan-to-value LTV deals, increasing to 4.49 per cent for 85 per cent LTVs.
With both options, the arrangement fee is £999, leading the lender to boast about cheap mortgage rates.
John Hughes, business leader for retail products at the Co-operative Financial Services, stated that the bank was aiming to give its customers “even more choice”.
He added: “Furthermore, the mortgages are available through all of our channels including both branch networks online and on the telephone – so our customers can also choose the channel which best suits their needs.”
Last month, the Co-operative Financial Services announced that it had reduced its mortgage rates by up to 0.55 per cent.