The Co-operative and Britannia launch new fixes

Available from Wednesday (26 May) the new mortgages include a two-year fixed rate mortgage at 2.95% and a five-year fixed rate mortgage at 3.99%. Both have a 75% LTV and an application fee of £999.

Commenting, John Hughes, business leader retail products for The Co-operative Financial Services, said: "We currently have some of the best mortgage rates in the market. However not only do these mortgages offer extremely attractive rates, they also provide customers with the added benefits of our consistently high levels of customer service, as well as our status as a responsible and trusted mortgage provider.

"The new products form part of our wider mortgage range, which includes both fixed and variable products and offers something for everyone from first time buyers to those looking to move home or remortgage."