Co-op and Molo announce rate tweaks across ranges Mortgage Strategy

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The Co-operative Bank for Intermediaries has confirmed a number of product changes across its mainstream mortgage ranges.

For new business residential, Co-op reveals that selected remortgage two and three-year fixed products have decreased by up to 0.19%

Selected purchase two, three and five- year fixed products have decreased by up to 0.15%.

For professional mortgages, selected two-year fixed products have decreased by up to 0.19%.

For retention residential mortgages, selected two, and three- year fixed loans have decreased by up to 0.19%

Molo has also announced reductions in its fixed rates across UK and Expat buy-to-let ranges .

Highlights include   UK resident 5-year fixed rates start from 4.44%; HMO & MUFB fixed-pricing from 3.03% across two and five-year fixed terms.

New regional pricing launched for Expat fixed rate products. Region 1: two and five-year fixed rates reduced to 6.39%

Region 2: new low fee and low-rate options introduced, with fixed rates starting from 4.75%

Pricing changes apply to UK resident and Expat mortgage range only; non-UK resident pricing remains unchanged


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