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New mortgage from Co-operative a boon for FTBs

New mortgage from Co-operative a boon for FTBs

Category: Mortgages

Updated: 10/04/2013
First Published: 29/04/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The Co-operative Bank has re-launched its 90% loan-to-value (LTV) mortgage which has been absent from the market since October 2009.

One of the options on this Fixed Rate Mortgage for house purchase is a rate of 6.09% to 31.8.15, which is a huge 0.30% lower than the current market leader within this sector.

This new offering is open to a wider audience, with both first and second time buyers eligible. A reasonable fee of £999 will not harm this product's appeal.

This mortgage is also available from Britannia BS.

The full quota of five out of five Moneyfacts stars has been awarded.

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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 Any products featured may be withdrawn by their provider or changed at any time.