Tipton and Coseley pass on 0.25% increase

The societys standard variable mortgage rate will increase by 0.25% from September 1, 2006.

Tipton & Coseley is to pass on the 0.25% increase in full on every tier of every variable rate account.

Chris Martin, chief executive at Tipton & Coseley, says: We are intent on providing our members with a safe and secure home for their savings combined with competitive returns. This move will ensure that we continue to do so.