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Platform reduces rates
26 September, 2007
Platform has reduced the rates across its conforming range by up to 0.5 per cent.
Updated products are found within the lender’s conforming Prime, Self-Cert, Buy to Let and House Plus (Self Cert Buy to Let). All changes are effective immediately.
Examples of the new rates include:
Prime
Two or three year tracker at 6.64 per cent and 75 per cent LTV
Two or three year fixed at 6.04 per cent and 75 per cent LTV
Self Cert
Two or three year tracker at 6.69 per cent and 75 per cent LTV
Two or three year fixed at 6.09 per cent and 75 per cent LTV
Buy to Let
Three year tracker at 6.69 per cent and 75 per cent LTV
Three year fixed at 6.09 per cent and 75 per cent LTV
House Plus
Three year fixed rate at 6.59 per cent and 85 per cent LTV
Mark Gordon, head of product development at Platform, said: “We are delighted to be in a position to announce a significant rate reduction of up to 0.50 per cent across our conforming range of products.
“Whilst not immune to the current market difficulties, we are able to capitalise on our ten years of operational experience within the specialist sector and the unequivocal backing of our parent Britannia to adjust our offering to better suit the needs of our customers.”