New mortgage provides welcome support for first time buyers

The Co-operative Bank and Britannia are providing a further helping hand to first time buyers with the launch of a new 2 year fixed rate mortgage, available at 90% loan to value (LTV), with an initial rate of 5.09%, and an application fee of £999. The new mortgage is available from today (Thursday 23 September).  

James Hillon, Head of Mortgages for The Co-operative Financial Services, comments "We are keen to continue to help support mortgage customers and the introduction of the new two year products provides a welcome boost for first time buyers and home movers.  Customers who want to take out one of these mortgages, will also have the additional flexibility of a range of direct channels, including internet, telephone and branch as well as the added benefits of our high levels of customer service."

Anyone looking for more information about the new mortgages can visit any branch of Britannia, visit co-operativebank.co.uk/mortgages  or britannia.co.uk.