Platform has made changes to its mainstream and buy-to-let ranges.
The Co-operative Bank’s intermediary mortgage lender has made various reductions to rates and fees.
All mainstream mortgage rates have been cut by up to 60 bps and buy-to-let rates by up to 20bps.
Platform has also unveiled some tracker products, available with no early repayment charge.
It has also launched a two-year fixed rate ‘semi-exclusive’ buy-to-let product.
The lender says much of the impetus behind the changes was from broker feedback from the recent Platform Live Events.
The Platform Live Events were held across seven locations in the South of England and were arranged to give around 70 intermediaries the chance to provide feedback on what Platform could do to support the sector through service, products and criteria.
Platform’s non-refundable administration fee has been reduced to £89 from £140 and free valuation and free standard legal fees are available on all products across the mainstream and Buy to Let range for remortgages.
Lee Gladwell, business development director at Platform, said: “Platform is committed to providing brokers with a competitive range of products for them to offer to clients and the reduction in rates across the range
