cahoot mortgage range launched

cahoot has launched its range of mortgages, which includes fixed rate, flexible and tracker options.

All come with the option of a lower booking fee and a higher rate, or a lower rate and a higher booking fee.

Meanwhile, the fixed and tracker mortgages offer customers 95 per cent loan-to-value (LTV), while the flexible option offers 90 per cent LTV.

John Goddard, managing director of cahoot said: "As these mortgages are currently only available over the phone, they will really suit people who are comfortable without face-to-face help from a mortgage adviser."

He added: "These are some of the best rates on the market and we hope the trial will prove popular."

The cahoot mortgages, all of which are being provided together with Abbey, its parent company, are available from today until early next year.

If the products are a success, then cahoot will launch its own range of mortgages in 2006.