Head of mortages for Platform, Stuart Beattie, had this to say: “We believe that many of our new products rank amongst the lowest ever fixed rate deals we’ve offered via brokers. With rates at these levels, it’s understandable that borrowers would turn to brokers for help on whether it’s the right time for them to fix.”
The new rates from Platform include:
Up to 60% LTV:
2 year fixed rate at 1.49% (previously 1.59%) with a £999 fee
5 year fixed rate at 2.29% (previously 2.49%) with a £1,499 fee
Up to 70% LTV:
5 year fixed rate at 2.54% (previously 2.69%) with a £1,499 fee
Up to 75% LTV:
2 year fixed rate at 1.74% (previously (1.79%) with a £999 fee
3 year fixed rate at 2.24% (previously 2.34%) with a £999 fee
5 year fixed rate at 2.64% (previously 2.74%) with a £1,499 fee
Up to 80% LTV:
2 year fixed rate at 1.99% (previously 2.04%) with a £999 fee
Up to 90% LTV - no fee deals
2 year fixed rate at 3.44% (previously 3.54%), no arrangement fee
3 year fixed rate at 3.99% (previously 4.09%), no arrangement fee
5 year fixed rate at 4.19% (previously 4.29%), no arrangement fee
