Five-year capped deal highlight of new Britannia/Co-op range

Published on

Britannia and The Co-operative Bank have unveiled a new three-year tracker and a five-year capped rate mortgage, available from Friday 19 March.

The new variable range include a three-year tracker with a rate of 2.49% and an arrangement fee of £999.

However, there is also a new five-year capped-rate mortgage available at up to 85% LTV – the only five-year product of its kind on the market, the Britannia says.

John Hughes, business leader for retail products, said: “These competitively priced variable rate mortgages offer customers an opportunity to take advantage of the current low interest rate environment and follow on from the recent launch of our best buy fixed rate products.

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...

Nationwide ups LTV limits for interest-only and foreign national borrowers

Nationwide has announced changes to its mortgage lending criteria, increasing the maximum loan-to-value (LTV)...

Other news

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...