The Co-operative Bank has removed the £999 arrangement fee on its five-year fixed rate mortgage, heightening its appeal to borrowers with deposits of 40% and over.
This mortgage offers an attractive rate of 2.79% to 30.4.18 and has a maximum loan-to-value of 60%.
This new look deal no longer has an arrangement fee and has added incentives for remortgage customers of free valuation and legal fees.
Purchase and remortgage customers can borrow between £25,000 and £500,000, whilst a wealth of flexible features including overpayments, underpayments and payment holidays are also offered.
The combination of a competitive rate, absence of arrangement fee, incentives and flexibility with repayments means this mortgage retains its position as a best buy. Four out of five Moneyfacts Stars have been awarded.
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