Those in search for a mortgage may be interested to note that the Co-operative bank has cut its three year fixed mortgage rate to 4.59 per cent.
First time buyers hoping to find a mortgage can apply for a maximum advance of 95 per cent of the property value.
The bank will also refund the cost of a basic valuation fee, will not impose expensive higher lending charges on the mortgage and offers extended income multiples.
Customers hoping to find a remortgage will get their legal and valuation fees from the Co-operative bank completely free.
Sheila Macdonald, chief operating officer, commented: "The recent rate cut was good news for borrowers, especially first time buyers, many of whom have been put off from buying a property by the cost of entering the housing market.
"This new rate will reduce those costs, as well as providing the peace of mind that comes with a low rate fixed for three years."
All Co-operative bank mortgage products offer customers fully flexible mortgage features. Mortgage borrowers can create and make payments into a flexible fund, which can then be used to pay off up to ten per cent of the mortgage balance each year without penalty,
Mortgage rates decrease at Co-operative bank
Mortgage Quote Line
0845 108 0505
Mortgage rates decrease at Co-operative bank
Fri, 19 Aug 2005
Recommended links
Mortgage GuideUK Mortgage Lenders
Mortgage Interest Rates
Mortgage Calculator
Co-operative Bank anticipates green mortgage growth
Alliance and Leicester updates mortgage rates
Mortgage rates reduced at C and G
Intelligent Finance reduce offset mortgage rates
July sees mortgage rates boost
Fixed mortgage rates vs tracker mortgages
Banks found to offer cheapest mortgage rates
Mortgage lender cuts mortgage rates
Almost half of mortgage holders paying too high mortgage rates
Self-certification mortgage rates cut
New reduced mortgage rates
Mortgage rates cut at GE Life
Woolwich changes buy-to-let mortgage rates
Norwich and Peterborough cuts Spanish mortgage rates
Chelsea cuts mortgage rates
Standardised mortgage rates at UCB Home Loans
The Mortgage Business cuts mortgage rates
Fixed mortgage and remortgage rates slashed
NandP slashes fixed mortgage rates
Mortgage rates rose in August, study shows
Northern Rock mortgage rates reduced
USA mortgage rates edge higher again
Mortgage rates down at Chelsea
Mortgage rates increased at UCB Home Loans
Mortgage rates rise in the US
Chelsea introduces new fixed mortgage rates
Low mortgage rates for people with adverse credit problems
Another mortgage lender cuts mortgage rates
Nationwide increases mortgage rates
Self-certification and buy to let mortgage rates cut
Mortgage rates slashed, buy-to-let launched at Chelsea
Nationwide to raise mortgage rates
Reduced mortgage rates at Advantage
Nationwide increases mortgage rates following Bank's decision
Abbey offers advice on remortgaging and remortgage rates
Blackburn tops mortgage rates table, say RBS offset mortgage
Competitive mortgage rates offered by Bradford and Bingley
Find mortgage rates that are competitive at CandG
Remortgage rates prompt market growth
Abbey shakes up mortgage rates
Lifetime mortgage rates reduced
Mortgage lenders cut mortgage rates
New fixed mortgage rates at Britannia
Mortgage rates cut on homes and casas at Norwich and Peterborough
SVR mortgage rates could rise
Abbey raises tracker mortgage rates
More opting for fixed mortgage rates
Remortgage rates cut at Abbey
Poor credit mortgage rates cut
Cash prize if mortgage borrowers can find better mortgage rates
Mortgage rates inch up
Alliance and Leicester announces new fixed mortgage rates
Alliance and Leicester raises mortgage rates
Chelsea cuts mortgage rates
Chelsea cuts mortgage rates
Lifetime mortgage rates cut at Saga
NandP reduces fixed mortgage rates
Mortgage rates slashed for first time buyers
Headline mortgage rates not necessarily best deal
Competitive mortgage rates offered by Newcastle
Mortgage lender cuts Freestyle mortgage rates
Chelsea introduces new remortgage rates
Alliance and Leicester cuts mortgage rates
Fixed mortgage rates cut at Bank of Ireland
Mortgage lender cuts fixed mortgage rates
Nationwide increases fixed-rate mortgage rates
Mortgage rates price key workers out of market, figures show
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage