The Co-operative has reduced product switch and new business rates by up to 0.32%, with the changes effective today.
Within The Co-operative’s new business range, rates for its residential two- and five-year fixed options will fall by around 0.32%, and buy-to-let (BTL) two- and five-year fixed rates will fall by up to 0.05%.
The same changes have been made to its product switch range.
Pricing for residential new business fixed rates starts from 4.58% for a no-fee five-year fixed rate at 60% loan to value (LTV) and 5.14% for a fee-free two-year fixed rate at the same LTV tier.
Going up to the £999 fee option, a two-year fixed rate at 60% LTV is 4.85%, while its five-year fixed rate equivalent is 4.38%.
On the BTL side, fee-free two-year fixed rates are priced from 5.18%, with its five-year fixed rate standing at 4.67%.
Going up to a £1,999 fee, two-year fixed rates start from 4.84% and its five-year fixed rate is 4.49%.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
