Co-operative launches finance offers for banking customers

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.
Co-operative offers current account switchers £200

Banking customers who switch their main current account to the Co-operative will receive a reward of £200.

Thursday, 13 May 2010 12:00

Three new offers have been launched for current account customers at The Co-operative Bank.

Both new and existing current account holders can now benefit from a lifetime tracker mortgage at 2.49 per cent with a loan-to-value of up to 75 per cent.

The mortgage tracks at 1.99 per cent above the base rate and has no application fees or early repayment charges.

Meanwhile, customers can also get a 0.5 per cent discount on standard personal loan rates, as well as a 20 per cent discount on home insurance for the first year.

A dedicated switching service is available for those wanting to open a new current account.