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Platform cuts BTL rates

Platform has cut rates by up to 20bps across its range of tracker and fixed rate buy-to-let products.

Yuan Phoon, 8 May, 2012

The lender's 2-year trackers at 60% and 65% loan to value have been cut by 10bps and its 2-year trackers at 70% and 75% LTV with a £2,450 arrangement fee has also been cut by 10bps.

Platform's 2-year fixed rate 65% LTV deal with no arrangement fee has seen the largest cut from 5.39% down to 5.19%.

All products continue to be offered with free valuation for both purchase and remortgage and free standard legal fees for remortgages.

Platform's premier Buy-to-let product range remains unchanged.

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