Our work with Centrepoint
As part of The Co-operative Bank, we are proud to be guided by the values and ethics laid down in our customer-led Ethical Policy. We’ve partnered with Centrepoint, a charity that supports young homeless people across the UK.
Who are Centrepoint?
Centrepoint give homeless young people a future.
They work with homeless 16-25 year olds in London, Manchester, Yorkshire and the North East and across the UK. They don’t just aim to provide a safe place to stay; they provide vulnerable young people with a future. Centrepoint help more than 9,200 people a year with accommodation, health support and access to education and training.
They equip people with the skills they need to escape homelessness for good.
When you take out a mortgage with us, we make a donation to Centrepoint. These funds go towards keeping their National Helpline going, and tackling youth homelessness across the UK.
New mortgage customer applications and existing mortgage customer product switch applications received from 2 May 2018 up to and including 31 December 2020 will be eligible for a £5 donation, on completion of the mortgage or product switch (as the case may be). Transactions relating to existing mortgages including a further advance, porting of an existing mortgage or change of borrower, are not eligible for the Centrepoint charity donation at this time. The Bank will make a payment to Centrepoint quarterly, for eligible completions during the previous quarter.
The £5 donation will be made for each eligible mortgage sold through direct and intermediary channels i.e. it applies to the Bank’s Britannia and Platform branded mortgages. Britannia and Platform are trading names of The Co-operative Bank p.l.c. The Bank reserves the right to change or withdraw the donation arrangement at any time.
Centrepoint is a registered charity in England and Wales, No. 292411
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE