Co-op and Britannia launch 90% LTV deal direct only

The Co-operative Bank and Britannia are launching a direct-only 90% LTV fixed rate deal.

The product is a two year fixed rate mortgage with an initial rate of 5.09%,and a £999 application fee and is available from today. 

James Hillon, head of mortgages for the Co-operative Financial Services, says: ”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.”

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