Platform cuts 90% LTVs and launches new three-year fixes

Platform, the intermediary lender of The Co-operative Bank, has reduced rates across its 90% LTV mortgage range by up to 0.20%.

Related topics:  Mortgages
Rozi Jones
18th December 2015
calculator rates mortgage house

The new deals start from 2.64% with a £999 fee and 2.94% for a two year fixed rate with no fee; 2.99% with a £999 fee and 3.34% with no fee for three year fixed rates; and five year fixed rates from 3.39% with a £999 fee and 3.54% with no fee. A range of deals with £1,499 arrangement fee are also available.

Stuart Beattie, Head of Mortgages at Platform, said:

“We are pleased to be able to offer another rate reduction to our brokers for their clients. This will be the final rate reduction across our product range this year and we are delighted to offer brokers these deals and look forward to an exciting year ahead for intermediaries in 2016.”

In addition, Platform has launched a new range of three year fixed rates.

Highlights of the new three year fixed rate mortgage range with £1,499 arrangement fee and £250 cashback include:

- 60% LTV at 1.89%
- 70% LTV at 2.04%
- 75% LTV at 2.09%
- 80% LTV at 2.19%
- 85% LTV at 2.24%
- 90% LTV at 2.89%

Platform has also reduced selected Buy to Let mortgages rates by up to 0.25% and two year tracker rates start from 2.04% at 60% LTV with a £999 arrangement fee.

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