The Co-operative Bank's Two Year Fixed Rate Mortgage At 90 Per Cent LTV Is The Lowest Rate In The Market

13 January 2017

1 min read

The Co-operative Bank is today extending the terms of its mortgage range, including its market leading two year fixed rate mortgage at 1.94 per cent at 90 per cent LTV.

Paul Norcott, Head of Mortgages at The Co-operative Bank, said: “We are delighted to be starting the year by extending the availability of some really competitive mortgage deals. Taking out a mortgage for the first time is a big step and we’re proud to be offering a great deal for those looking to get on to the property ladder at the start of 2017.

“For those looking to remortgage we’ve also got a selection of low rates and those taking out a new low-rate deal can make significant savings on their monthly mortgage payments.”

Pick of The Co-operative Bank’s mortgage deals:

  • Two year fixed rate at 1.49 per cent at 80 per cent LTV with a £1,499 fee
  • Two year fixed rate at 1.54 per cent at 85 per cent LTV with a £1,499 fee
  • Two year fixed rate at 1.94 per cent at 90 per cent LTV with a £1,499 fee
  • Three year fixed rate at 2.64 per cent at 90 per cent LTV with a £1,499 fee
  • Five year fixed rate at 2.94 per cent at 90 per cent LTV with a £1,499 fee

At the end of the fixed rate period all products revert to the Bank’s Standard Variable Rate (SVR), which is currently 4.49 per cent.

For full details of The Co-operative Bank mortgage range please visit:

http://www.co-operativebank.co.uk/mortgages.

ENDS

Notes to Editors:

About the Co-operative Bank

the Co-operative Bank plc provide a full range of banking products and services to almost 5 million retail and SME (Small and Medium Sizes Enterprises) customers. The Bank is fully committed to values and ethics in line with the principles of the co-operative movement.

For further information please contact

Nicki Parry, Head of Media Relations

The Co-operative Bank Press Office

Tel: 07734 002 983

Email: nicki.parry@co-operativebank.co.uk

Twitter: @CooperativeBank

Contact

Corporate

Lesley McPherson, Director of Communications

Mobile:+44 (0) 7725 903 270

Email Lesley McPherson

Head of Media Relations

Nicki Parry

Mobile: 07734 002 983

Email Nicki Parry

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