Co-op's Platform relaunches 95% LTV mortgage range

95% LTV rates start from 4.89% and come with a range of product fee options and cashback.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
11th May 2023
Co-op Co-operative co op cooperative
"We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners."

Platform, the intermediary mortgage brand of The Co-operative Bank, has relaunched its range of 95% LTV mortgage products.

The 95% LTV mortgages will be available over a two, three or five-year fixed term and with a range of product fee options and at least £250 cashback.

Two-year fixed rates start from 5.46% with a £1,499 product fee, 5.57% with a £999 product fee and 5.86% fee-free.

Three-year fixes are available at 5.41% with a £1,499 fee, 5.52% with a £999 fee, and 5.81% with no fee.

Five-year fixed rates are priced at 4.89%, 4.93% and 5.05% respectively.

As well as reintroducing 95% LTV options, Platform is also launching new mainstream and buy-to-let mortgage ranges for both new business and product switching.

Darrell Evans, chief commercial officer at The Co-operative Bank, said: “We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners. Saving for a deposit can a big hurdle for first time buyers when trying to get onto the property ladder and we hope this new range helps people to realise their goal of owning a home.”

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