New fixed rates from the Co-op

The Co-operative Bank is re-launching its fixed rate mortgage range tomorrow (December 16).

Rates will be cut by up to 60 basis points.

The range also includes various options for those buying a home for the first time or looking to re-mortgage.

Fixed rate products range from 75% to 90% LTV and there are also fee free options available to customers.

James Hillon, head of mortgages at The Co-operative Bank, said: “With the Eurozone crisis seeing a wave of lenders pushing up mortgage rates we’re committed to bucking this trend and encouraging movement in the housing market.