First-time buyers, remortgagers and house purchasers can choose from a range of new 2, 3 and 5 year rates including:
- 2 year fixed rate at 1.24%, up to 60% LTV
- 3 year fixed rate at 1.88%, up to 60% LTV
- 5 year fixed rate at 2.24%, up to 60% LTV
- 2 year fixed rate at 2.69%, up to 90% LTV
The new rates come with a product fee of £1,499 and free standard valuation for both purchases and remortgages. A cashback of £250 is available to existing Co-operative Bank current account customers.
Customers can also choose from a range of Co-operative Bank mortgages that are fee free or have a £999 product fee. All mortgage rates include the option to make overpayments by up to 10% per year of the outstanding balance without incurring any fees.
Stuart Beattie, Head of Mortgages at The Co-operative Bank, said:
“These rates are amongst the lowest we have ever offered so it’s a great time for customers to consider fixing.”
