The Co-operative Bank’s Platform has relaunched its mainstream and buy-to-let mortgage loans for both new business and product switching customers, with a raft of price rises.

New business

The broker unit says that under its new business range it has reintroduced selected two and five-year fixed-rate mainstream products, taking into account the Bank of England’s base rate hike earlier this month, which lifted by 50 basis points to 1.75%.

Its professional mortgage range has reintroduced selected two and five-year fixed rate products, increased by up to 68bps.

Its two-year BTL and two-year BTL premier products are still withdrawn.

However, it has reintroduced five-year fixed-rate products, which rise by up to 36bps.

Its BTL reversionary rate margin has been reduced from 4.24% to 3.74%, to maintain a reversionary rate of 5.49%.

The unit’s Help to Buy range has reintroduced two and five-year fixed rate products, increased by up to 68bps.

Product switching

Among its product switching loans, selected two-year fixed-rate mainstream products rise by up to 9bps. Selected three and five-year fixed-rate products lift by up to 10bps. Two-year tracker products rise by 50bps.

At its landlord’s range, two-year BTL and two-year BTL Premier Products are still withdrawn. Five-year fixed rate products rise by up to 36bps.

Its BTL reversionary rate margin has been reduced from 4.24% to 3.74%, to maintain a reversionary rate of 5.49%.

Among its Help to Buy range, two, three and five-year fixed rate products rise by up to 68bps.