Fixed term mortgage rate reduction revealed by Co-op Bank.
Recently, the Co-op Bank reduced the rates on all of it's 2 and 5 year fixed term mortgage products. This has since been followed up with a further review to its fixed term 90% LTV range.
A reduction of 0.25% has been applied to the following 90% LTV mortgages:
- 2 year fix – 1.79%
- 3 year fix – 2.14%
- 5 year fix – 2.49%
A product fee applies and should be taken into account when calculating the overall cost and value of the mortgages.
A range of fee-free mortgages are also available at the following rates:
- 2 year fix – 2.29%
- 3 year fix – 2.49%
- 5 year fix – 2.79%
The 90% LTV mortgage market is very competitive at the moment, and the Co-op is one of a number of lenders who have revised their offers to make them more affordable.
If you are seeking a 90% LTV fixed rate mortgage, Deal Direct can help you to source and secure a low-rate solution that keeps your up-front costs to a minimum and your monthly repayments low.
To speak to a Deal Direct advisor about mortgage availability and suitability according to your circumstances, call us today on 0800 048 8828.
Contact Deal Direct on 0800 048 8828 now.
