In addition the range also includes various options for those buying a home for the first time or looking to re-mortgage.
Fixed rate products range from 75% to 90% LTV and there are also fee free options available to customers.
Details of the new rates are as follows:
2 year fixed rate
- New Rate: 3.79%
Fee: £999
LTV: 85%
Reduction: 20 bps
- New Rate: 3.99%
Fee: £0
LTV: 85%
Reduction: 20 bps
3 year fixed rate
- New Rate: 3.49%
Fee: £999
LTV: 75%
Reduction: 30 bps
- New Rate: 3.99%
Fee: £999
LTV: 85%
Reduction: 10 bps
- New Rate: 4.89%
Fee: £999
LTV: 90%
Reduction: 30 bps
- New Rate: 3.89%
Fee: £0
LTV: 75%
Reduction: 20 bps
- New Rate: 4.29%
Fee: £0
LTV: 85%
Reduction: 10 bps
- New Rate: 5.09%
Fee: £0
LTV: 90%
Reduction: 50 bps
5 year fixed rate:
- New Rate: 5.09%
Fee: £999
LTV: 90%
Reduction: 50 bps
- New Rate: 4.49%
Fee: £0
LTV: 85%
Reduction: 10 bps
- New Rate: 5.39%
Fee: £0
LTV: 90%
Reduction: 60 bps
5 year fixed rate (current account exclusive)
- New Rate: 4.19%
Fee: £0
LTV: 85%
Reduction: 5 bps
10 year fixed rate:
- New Rate: 4.79%
Fee: £999
LTV: 75%
Reduction: 20 bps
- New Rate: 4.99%
Fee: £0
LTV: 75%
Reduction: 20 bps
James Hillon, Head of Mortgages at The Co-operative Bank comments:
"With the Eurozone crisis seeing a wave of lenders pushing up mortgage rates we're committed to bucking this trend and encouraging movement in the housing market.
"In addition to lowering our rates again, we're also supporting both new and existing homeowners through the varied LTV and fee free options across our product range."
