Co-op Bank cuts fixed rates

Nia Williams

October 12, 2011

The lender now has two-year fixes starting from 3.39%; three-year fixes starting from 3.79%; and five-year fixes from 4.19%.

James Hillon, head of mortgages at The Co-operative Bank commented, “In a time of economic uncertainty our fixed rate products are proving popular for customers looking to manage their monthly outgoings. Not only have we cut the rates across our fixed term mortgage range but we’ve continued to hold our fees at the same price, while many other lenders increase theirs. We’re also still offering fee free options to customers and have a range of 90% LTV mortgages to help first time buyers get onto the property ladder.”


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