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

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...

Sickness absence stuck above pre-pandemic levels

Sickness absence across the UK workforce remains elevated despite showing signs of stabilising, reinforcing...

The Darlington raises foreign currency mortgage LTV to 90%

Darlington Building Society has increased the maximum loan-to-value available on its foreign currency mortgage...

Latest publication

Other news

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...