New first time buyer mortgage products from The Co-operative Bank


The Co-operative Bank has unveiled a new range of mortgages designed to benefit first-time buyers who failed to take advantage of the stamp duty holiday.
A number of fee-free products are being launched to coincide with the end of the break (March 24th) and they come as part of the organisation’s pledge to offer up to £360 million across 2012.
The home loans – which are available to people purchasing their first house with just a ten per cent deposit – will be entering the market on March 23rd.
Included in the collection are both fixed-rate and lifetime tracker deals, while rates begin at 4.59 per cent and there are no arrangement fees in place.
In addition, a free standard valuation – which could save FTBs in the region of £1,249 – is also thrown in for those wishing to take up the deals.
James Hillon, head of mortgages at The Co-operative Bank, part of The Co-operative Group, said: “We’re committed to increasing our lending to first-time buyers this year and are backing up that promise with a new product range.”

Get the Best Rates from Local Mortgage Advisers Now!

Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Find the Best Rates from Local Mortgage Advisers!
Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Powered by Bark

Close
100% secure