Co-op relaunches mainstream and BTL ranges, Accord increases BTL new business rates

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The Co-operative bank for intermediaries has relaunched its mainstream and buy-to-let mortgage (BTL) ranges for both new business and retention.

For new customers, the 95% loan-to-value (LTV) three-year fixed with a fee of £999 and a 90% LTV five-year fixed with no fee have decreased by up to 0.19%.

All other fixed rate purchase products have gone up by as much as 0.11%.

In addition, selected remortgage two- and three-year fixed products have been reduced by as much as 0.07% while all remortgage five-year fixed products and selected two- and three-year fixed products have gone up by up to 0.09%.

The lender has also introduced a no fee lifetime tracker.

Elsewhere, professional mortgage two-year fixed products have been lowered by as much as 0.14%.

For existing customers, residential 85% two-year fixed with a fee of £749 and a 90% two-year fixed with no fee has gone down by up to 0.05% while all other fixed rate products have increased by up to 0.09%.

In the lender’s BTL range, two-year fixed products have risen by up to 0.04%.

Meanwhile, Accord Mortgage has increased rate on its BTL new business range.

The lender’s 60% LTV tracker rates have increased by up to 0.09% while 75% LTV tracker rates have gone up by up to 0.10%.

In addition, Accord has put prices up on its 80% LTV tracker rates by as much as 1.50%.


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