Platform refreshes range with 1.24pc 2-year fix

Mortgage Introducer

June 18, 2015

The 2-year fix comes with a £1,499 fee; while borrowers can also take out a 1.39% 2-year fix to 60% LTV with a £999 fee.

The intermediary lender of The Co-operative Bank has also reduced its fee free 2-year fixes at 3.49% to 90% LTV and 2.39% to 85% LTV. Its 5-year fixes meanwhile stand at 3.94% to 90% LTV, 3.24% to 85% LTV and 2.99% to 80% LTV following reductions.

However Platform has raised its 60% LTV 5-year rates to 2.29% with a £1,499 fee and 2.39% with a £999 fee.

Stuart Beattie, head of mortgages at Platform, said: “Our latest round of rate reductions maintains our commitment to support the intermediary market by offering competitive mortgage products.

“Our new range should have something for all borrowers whatever their budget, with market leading deals available for borrowers with large or small deposits, and a wide range of fee and fee-free options to choose from.”

The lender’s 3-year fixed rates now stand at 2.89% to 85% LTV and 3.84% to 90% LTV.

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