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CFS increases mortgage flexibility
Tue, 13 Jul 2010
The Co-operative Bank and Britannia have furthered the flexibility of their mortgage range by enabling consumers to 'mix and match' mortgage deals for only a single application fee.

As a result of these changes, borrowers will be able to fix and track different amounts of their home loan with no additional restrictions, which means that they can combine any proportion of the two mortgage products .

Although all Co-operative Financial Services mortgages are available to combine, customers must mix and match loans designed for their loan-to-value.

James Hillon, function leader of mortgages for the Co-operative Financial Services, commented: "We believe customers will find the opportunity to mix and match products increasingly attractive given current uncertainty around the future of interest rates ."

Meanwhile, Skipton Building Society recently decided to expand its mortgage range with a two-year fixed-rate product at just 2.99 per cent.

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