Platform cuts rates up to 75pc LTV

Sam Cordon

March 1, 2013

Product highlights across the residential mortgage range include 2-year fixes from 2.29% at 60% LTV and a 75% LTV option at 2.60%.

In addition the lender is now offering a 5-year fix at 3.09% for borrowing at 75% LTV. All three products come with a £950 fee.

James Hillon, head of mortgages at the Co-op, said: “We’re continuing to support brokers both through further reductions to our rates and also by increasing the incentives on offer with our mortgages.

“This we hope will help to boost the broker toolbox giving them further reductions and incentives to pass on directly to their customers.”

Platform has also extended the offer of free valuations across its full residential product range.

And for remortgage customers brokers can now offer home purchase customers a free first valuation.

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