Platform relaunches 95% LTV mortgages

Published on

Platform, the intermediary mortgage brand of the Co-operative Bank, has announced the relaunch of 95% LTV mortgage products.

The 95% LTV mortgages will be available over a 2, 3 or 5 year fixed term and with a range of product fee options including £0 product fees, and all 95% LTV products benefit from at least £250 cashback.

The full product details of the 95% LTV mortgage range are:

  • 2 year fixed rate at 5.46% at 95% LTV with a £1,499 product fee and £250 cashback available
  • 2 year fixed rate at 5.57% at 95% LTV with a £999 product fee and £250 cashback available
  • 2 year fixed rate at 5.86% at 95% LTV with a £0 product fee and £250 cashback available
  • 3 year fixed rate at 5.41% at 95% LTV with a £1,499 product fee and £250 cashback available
  • 3 year fixed rate at 5.52% at 95% LTV with a £999 product fee and £250 cashback available
  • 3 year fixed rate at 5.81% at 95% LTV with a £0 product fee and £500 cashback available
  • 5 year fixed rate at 4.89% at 95% LTV with a £1,499 product fee and £250 cashback available
  • 5 year fixed rate at 4.93% at 95% LTV with a £999 product fee and £250 cashback available
  • 5 year fixed rate at 5.05% at 95% LTV with a £0 product fee and £500 cashback available

As well as relaunching 95% LTV options into its mortgage range, Platform is also relaunching its wider mainstream and buy-to-let mortgage ranges for both new business and product switching.

Darrell Evans, chief commercial officer at the Co-operative Bank, said: “We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners. Saving for a deposit can a big hurdle for first time buyers when trying to get onto the property ladder and we hope this new range helps people to realise their goal of owning a home.”

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

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership,...

Brokers review sourcing technology as demand grows for connected systems

Mortgage brokers are increasingly reassessing their technology stacks, with sourcing systems emerging as the...

Rosemount expands internship programme with two Cardiff Business School students

Rosemount Financial Solutions (IFA) has welcomed two new interns from Cardiff Business School as...

West Brom cuts shared ownership mortgage rates

West Brom Building Society has reduced selected shared ownership mortgage rates by up to...

House prices edge lower again in May, Halifax says

UK house prices were broadly unchanged in May, with Halifax reporting a second consecutive...

Latest publication

Other news

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership,...

Brokers review sourcing technology as demand grows for connected systems

Mortgage brokers are increasingly reassessing their technology stacks, with sourcing systems emerging as the...

Rosemount expands internship programme with two Cardiff Business School students

Rosemount Financial Solutions (IFA) has welcomed two new interns from Cardiff Business School as...