Cooperatives restart mainstream and BTL range, Accord improves BTL new business rate – Staking Strategy

Intermediary Cooperative Bank has relaunched its mainstream and sales mortgage (BTL) range for its new business and retention rates.

For new clients, the fixed £999 fee is 95% loan-to-value (LTV) and the fixed fee is 999, while the 90% LTV is 0.19% lower for five-year fixed and no fees.

All other fixed-rate purchases grew by up to 0.11%.

Additionally, selected discounts for selected two- and three-year fixed products were reduced by up to 0.07%, while all repayment for five-year fixed products and selected two- and three-year fixed products increased by up to 0.09%.

The lender has also launched a lifelong tracker with no fees.

Elsewhere, the reduction in two-year fixed products for specialty mortgages has been as much as 0.14%.

For existing customers, the residence is 85% for two-year fixed, and the fee is £749, while 90% for two-year fixed, without the fees, can drop up to 0.05%, while charges for all other fixed-rate products increase by 0.09%.

Within the lender’s BTL range, the growth of fixed products in two years is as high as 0.04%.

Meanwhile, Accord Mortgage has increased interest rates on its new BTL business series.

The lender’s 60% LTV tracker rate increased by 0.09%, while the 75% LTV tracker rate increased by as much as 0.10%.

Additionally, Accord improves its 80% LTV tracking rate by up to 1.50%.