The new product from the Co-operative Bank’s dedicated intermediary mortgage lender also comes with no arrangement fee.
Full details are:
Buy to Let- Two Year Fixed (B105)
- 60% LTV/ 4.89% rate/ £0 arrangement fee
- 65% LTV/ 5.29% rate/ £0 arrangement fee
- 70% LTV/ 5.59% rate/ £0 arrangement fee
- 75% LTV/ 5.79% rate/ £0 arrangement fee
It is available via Connells, Countrywide, First Complete, Pink, Legal & General, MI, Openwork, PMS, PTFS and Sesame.
Lee Gladwell, Business Development Director at Platform, said:
“Our decision to offer cashback to customers is a direct result of us listening to intermediaries about what they want and acting on it.”
Platform has also reduced rates on its existing Buy to Let 2 year fixed product with rates now starting from 4.19% and a reduced arrangement fee of 1%. Free valuation is also available for purchase and remortgage along with free legals for remortgages.
Full details are:
Buy to Let- Two Year Fixed (B106)
- 60% LTV/ 4.19% rate/ 1% arrangement fee
- 65% LTV/ 5.39% rate/ 1% arrangement fee
- 70% LTV/ 4.39% rate/ 1% arrangement fee
Rates have also been reduced by up to 0.30% on Platform’s other 2 year Buy to Let product that comes with an arrangement fee £950.
This product also offers free valuation for both purchase and remortgage, and remortgage customers benefit from free legals.
Details are:
Buy to Let- Two Year Fixed (B107)
- 60% LTV/ 4.29% rate/ £950 arrangement fee
- 65% LTV/ 4.69% rate/ £950 arrangement fee
- 70% LTV/ 4.89% rate/ £950 arrangement fee
