Platform has unveiled a new buy-to-let product range.
The Co-operative Bank’s dedicated intermediary mortgage lender has introduced new two and four-year fixed deals (starting at 4.59% and 4.99% respectively) and a two-year tracker which starts at 3.49% up to 60% LTV. There is also a one-year fixed rate for key intermediaries partners.
Each deal comes with an up front administration fee of £140.
Last week Platform revealed it would stop borrowers with residential mortgages switching to buy-to-let. It also will not accept applications from self-employed property developers or landlords.
Lee Gladwell, business development director at Platform, said: “Platform has a wealth experience and expertise in buy to let lending and we are keen to extend our buy to let product proposition exclusively for the intermediary market.
