Platform reintroduces products and reduces rates

Published on

Platform has reintroduced a number of mortgage products to reinstate its full range of products.

This include the reintroduction of its Help to Buy mortgage range.

It has also made reductions to a number of its mortgage products. The professional mortgages, Help to Buy mortgages and mainstream mortgages are also available with a range of cashback options including; £250, £500 and up to £1,000 is available on select products.

The changes include the following:

Professional Mortgages:

  • 2 year fixed rate products at 85% LTV with £999 and £1,499 fee reduced by up to 0.07 percentage points
  • 2 year fixed rate product at 90% LTV with £0 fee reduced by 0.12 percentage points

Mainstream:

  • 2 and 5 year fixed rate products at 60% to 75% LTV with £0 fee re-introduced
  • 2 year fixed rate product at 90% LTV with £0 fee reduced by 0.12 percentage points

Buy-to-let:

  • 2 year fixed rate products at 60% LTV with £0 fee reduced by 0.04 percentage points

Help to Buy

  • 2 and 5 year fixed rate products at 60% and 75% LTV re-introduced

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

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...

Newcastle trims large loan mortgage rates

Newcastle for Intermediaries has announced rate reductions of up to 0.30% across its large...

Mortgage advisers must evolve to meet rising demand for later life lending, warns Key

Mortgage advisers must adapt their business models to address the growing needs of older...

Latest opinions

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending....

Broker proactivity can ease path back to prime

One of the lessons we’ve taken from the ever rising levels of interest in...

We need to look again at two-year swaps…

Over the last 12 months, we’ve seen three notable things happen in the swaps...

Other news

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...