Platform has cut select residential and buy-to-let mortgage rates by up to 0.10 percentage points.

the intermediary-led mortgage brand of The Co-operative Bank said two-year fixed rate mainstream mortgages are now available from 1.09% and two-year fixed rate buy-to-let rates from 1.39%.

Paul Norcott, head of mortgages and insurance, said: “We are delighted to offer brokers these new market leading rates within our Platform mortgage range.

“It is a peak time for the mortgage market and we’re reducing the rates on a number of our mortgages to ensure we stay as competitive as possible, and offer great deals to our broker partners as they look to secure the best mortgage option for their clients.”