Platform launches two-year fixes

Published on

Platform, the intermediary lender of the Co-op Bank, has launched new two-year fixed rate mortgages with rates from 3.49%.

The new products are available to Platform’s panel of intermediary partners and come with free valuation. There are also free standard legal fees for remortgages.

Rates are 70% LTV from 3.49% 75% LTV from 3.69% and 80% LTV from 4.79%.

The deals can be used for both purchases and remortgages and have an arrangement fee of £855 and an administration fee of £140.

Lee Gladwell, director of sale and propositions at Platform, said: “This is an excellent deal for intermediaries to recommend to clients with concerns about the impact of potential increases in rates. Tracker products have been dominating the market for some time but with more competitive fixed rates now emerging consumers are again facing a real choice between the two.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Goldman Sachs discloses 3.15% stake in Secure Trust Bank

Goldman Sachs has reported a 3.15% voting interest in Secure Trust Bank following a...

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...

WIS Mortgages sets out five-year adviser growth strategy

WIS Mortgages has announced a five-year growth plan centred on expanding its adviser community...

Nivo targets specialist lenders with AI-powered case management service

Nivo has launched an AI case coordination platform aimed at helping specialist lenders process...

Latest publication

Other news

Goldman Sachs discloses 3.15% stake in Secure Trust Bank

Goldman Sachs has reported a 3.15% voting interest in Secure Trust Bank following a...

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...