Fixed rate deals are lowered by up to 0.47%
The Co-operative Bank for Intermediaries has launched a new range of products with lower rates on two-, three-, and five-year fixes.
Two-year fixed deals with a £999 fee and £250 cashback are available at 60%, 85%, and 95% loan-to-value (LTV) with rates at 5.10%, 5.63%, and 6.16%, respectively.
Fee-free three-year fixes with a £500 cashback at 85% and 95% LTV have rates of 5.98% and 6.43%, respectively.
The intermediary lender, formerly known as Platform, also offers a 5.38% fee-free three-year fixed rate with a £250 cashback at 60% LTV.
“We’re pleased to be able to launch these competitive rates today to support homeowners to get the best possible deal on their mortgage, in what remains a challenging environment,” stated John Ward, director of product at The Co-operative Bank
“We’ll continue to keep our range under review and offer good value deals to our broker partners, who are working hard to support their customers.”
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