5.14% tracker mortgage from Co-operative Bank

Co-operative Bank waives mortgage switching fee

The Co-operative Bank is offering homeowners on an interest-only mortgage the chance to switch to a repayment mortgage without incurring the normal £50 fee.
5.14% tracker mortgage from Co-operative Bank

The Co-operative Bank has released a 2-year tracker mortgage charging just 5.14% (Bank of England Base Rate - 0.61%).

Wednesday, 08 August 2007 12:00

The Co-operative Bank has released a 2-year tracker mortgage charging just 5.14% (Bank of England Base Rate - 0.61%).

"This new mortgage offers a very competitive rate, and customers can also be safe in the knowledge that their rate will remain under the Base Rate for the initial period of the loan," said John Barker, head of mortgages at Co-operative Financial Services.

Details of the Co-operative Bank 2-year tracker mortgage

2-year tracker product currently at 5.14% variable (Bank of England Base Rate - 0.61%)
£999 application fee
Free legal and valuation fees for remortgages
No Higher Lending Charge

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