The Co-operative Bank has amended its fixed rate mortgage offerings and reduced its three-year deal by 0.10%, helping it retain its place in the Moneyfacts charts.
This deal now has a competitive rate of 3.99% fixed until 31.3.18, available at a loan-to-value (LTV) of 90%. Absolutely no fees are payable.
The finer details…
This mortgage is only available to house purchase customers with a 10% deposit, making it an ideal mortgage for first-time buyers or homemovers.
Along with no fee, borrowers can benefit from a great deal of repayment flexibility with overpayments, underpayments and payment holidays all permitted provided certain conditions are met.
Why we like it…
This deal was already a Moneyfacts best buy, but this latest rate decrease has shored up its position in the charts. Along with a competitive rate, this mortgage also boasts low set-up costs with no fees payable, so is bound to appeal to first-time buyers or other borrowers with only small deposit.
Four Moneyfacts Stars have been awarded.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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