Co-operative mortgage re-launched
www.moneynews.co.uk > Mortgages > Co-operative mortgage re-launched
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Money News |
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Co-operative mortgage re-launched
Tue 13th Nov 2007
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This new Co-operative mortgage has a fixed rate of 5.95 per cent and a £599 application fee.
Additionally, the Co-operative mortgage comes without any higher lending charges and also has no early repayment fee after the first ten years.
John Barker, head of mortgages at Co-operative Financial Services, commented: "This new mortgage will suit customers who are looking for the peace of mind that a longer-term fixed mortgage can offer.
"However, they will not only benefit from an extremely competitive fixed rate, but they will also have the flexibility of a portable product, which will allow them to take their mortgage with them if they want to move."
Last month, Co-operative Bank launched a two-year tracker mortgage with a 5.29 per cent variable rate.
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Related News : Cooperative |
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