Britannia and Co-operative Bank launch 90% LTV mortgages

Co-operative Bank launches new 60% LTV mortgages

The Co-operative Bank has announced that it is to launch a new range of mortgages at a loan-to-value (LTV) ratio of 60 per cent.
The Co-operative Bank and Britannia 'halve mortgage fees'

Rates have been reduced and fees halved on some of the Co-operative Bank and Britannia's mortgage ranges.

Friday, 30 April 2010 12:00

Britannia and The Co-operative Bank have announced the addition of 90 per cent loan-to-value options for several of their mortgages.

Borrowers can take advantage of the new tiers on the organisations' two and five-year fixed-rate mortgages, as well as on their three-year tracker offering.

Rates start at 5.49 per cent with a £999 fee for the two-year fixed option, rising to 5.99 per cent without a fee.

For the five-year fixed product, rates stand at 6.09 per cent with a fee and 6.39 per cent without, while the three-year tracker carries a 4.49 per cent rate with a £999 fee.

Customers can also make use of a new online advice guide for first-time buyers and in-branch advice services at Britannia.