Platform cuts Help to Buy rates

Michael Lloyd

June 24, 2019

Platform has reduced rates of its 5-year fixed rate Help to Buy mortgages by 0.10%.

At 60% LTV, there is a 2.24% mortgage without a product fee, and a 2.04% mortgage with a £999 product fee.

In addition, at 75% there now a 2.09% mortgage with a £999 product fee and a 2.29% mortgage without a fee.

Neil Wyatt, head of intermediary distribution for Platform, said: “At Platform we’re continuing to support the first-time buyer market by reducing select interest rates within our already competitive Help to Buy mortgage range.

“We are working with more and more broker partners as they look for the best value deal for their clients looking to buy their first home and we will continue to support and service brokers looking to place a Help to Buy mortgage with Platform.”

The mortgages are available over a maximum term of 40 years for both first-time buyers and homeowners.

All of Platform’s Help to Buy mortgages are available with £500 cashback and free mortgage valuation.

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