Platform has launched new mainstream and buy-to-let products as it plans to increase its lending in 2011.
The new mainstream mortgages include one, two, and four-year fixed products as well as one, two and three-year trackers. Some deals are available without any arrangement fee, whilst a £1495 fee is applied to others.
There are also new one, two, and four-year fixed buy-to-let products, along with two and three-year trackers. All come with either an arrangement fee of £2,495 or 2.5% of the loan. Exclusive deals are also available to Connells, Countrywide, L&G, Mortgage Intelligence, Pink Group, PMS/Sesame.
Free valuation and free standard legal fees are available on all products for remortgages, and each has a non-refundable administration fee of £140.
The Co-operative Bank’s dedicated intermediary mortgage lender has also launched two ‘almost-prime’ mortgages. These are a two-year fixed from 5.64% and two-year tracker from a starting rate of 4.54%. Each come with an arrangement fee of £1,495 and a non-refundable administration fee of £140.
Lee Gladwell, Platforms’ business development director, said: “This year