The Co-operative Bank has rolled out a range of competitive mortgage rates for both new and existing customers.
As of Tuesday (April 16th), the financial institution boasts a host of fixed three-year and five-year deals, including a three-year fixed rate product available up to 75 per cent loan-to-value (LTV) at 3.14 per cent and up to 85 per cent LTV at 3.99 per cent.
Meanwhile, its five-year fixed mortgage is on the market up to 85 per cent LTV with a fee or £999, or it is fee-free for existing current account customers.
Head of mortgages for the Co-operative Bank James Hillon said it is the company’s goal to make it as easy as possible for homeowners to take out a mortgage.
He added not only has the firm made it simpler for people to choose a mortgage by launching market-leading rates with fee-free options, “all customers also get a dedicated advisor to keep them updated each step of the way”.
This comes after Moneyfacts recently announced that the average arrangement fee for mortgages has surpassed £1,500.