Platform reduces high-LTV rates

Platform, the intermediary lender of The Co-operative Bank, has revised its mainstream mortgage range available to brokers.

Related topics:  Mortgages
Rozi Jones
29th July 2015
calculator rates mortgage house graph

Highlights include reductions of up to 0.15% on 2, 3 and 5 year fixed rates up to 80% LTV, available to both purchase and remortgage customers. Its 2 year fixed rate now starts from 1.59%, 3 year from 2.29% and 5 year from 2.64%.

Elsewhere, its 2 year fixed rate up to 90% LTV, available for purchases only, has been reduced by 10bps to 3.39%.

Stuart Beattie, Head of Mortgages at Platform, said:

“We are constantly reviewing the market to ensure we remain competitive with a varied range of mortgages for brokers to offer to their clients.

“Our latest rate reductions, which are mainly focused on our 80% and 90% LTV mortgages, will make these rates particularly attractive to those borrowers with smaller deposits who are specifically looking for higher LTV deals.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.