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The Co-operative stands tall with new mortgage

The Co-operative stands tall with new mortgage

Category: Mortgages

Updated: 11/02/2010
First Published: 10/02/2010

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 It is now over 6 months old so the content may be out of date.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 some good news for borrowers with a 25% deposit.

Those looking at the medium to long term will find its fixed rate mortgage at a rate of 4.74% hard to beat.

There's a none-too-offensive fee of £999, along with incentives for remortgages of a free valuation and legal fees.

For those not wanting to pay a fee up front, there's also a no fee option at a rate of 5.04%.

Standing up well against its peers in the mortgage playground, this product earns four out of five Moneyfacts stars.

"Our mortgage range continues to offer borrowers a choice of rates and fees which means that borrowers can choose the product which best suits their needs," said John Hughes, Business Leader for Retail Products at The Co-operative Financial Services.

"As these rates are aligned across Britannia and The Co-operative Bank it also means that borrowers have even more access to our market-leading rates which are available in more than 300 branches, online and on the telephone."

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 Any products featured may be withdrawn by their provider or changed at any time.