Co-op Bank increases residential and buy-to-let rates by up to 1.09%

The Co-operative Bank has announced a series of rate increases across its residential and buy-to-let mortgage ranges for both new business and product switching.

The largest increases, of up to 1.09%, are across the lender's product switch range.

Two, three and five-year fixed rate buy-to-let products have increased by up to 1.09%, with residential and Help to Buy switcher rates increasing by up to 0.72%.

For new lending, residential two and five-year fixed rates with a £1,999 fee have increased by up to 0.22%, while three-year fixes with a £999 fee have reduced by up to 0.06%.

Buy-to-let two-year fixed rate products have risen by up to 0.19% and five-year fixes by up to 0.05%.

The Bank's professional mortgage rates are decreasing by up to 0.14%.