Co-op launches FTB loan

The loan is available at 90% loan to value (LTV), with an initial rate of 5.09%, and an application fee of £999.The new mortgage is available from today.

James Hillon, head of mortgages for The Co-operative Financial Services, commented: "We are keen to continue to help support mortgage customers and the introduction of the new two year products provides a welcome boost for first time buyers and home movers.”