user.first_name
Menu

Mortgage News

Platform launches two-year fixed-rate deals

Mortgage Solutions
Written By:
Posted:
February 16, 2010
Updated:
February 16, 2010

Platform has launched a range of new two-year fixed-rate mortgages starting at 3.44% and will double the number of intermediary partners it is available to.

Rates include a 5.64% deal at up to 85% LTV with no fee, and a product at 4.89% up to 80% LTV. There is also a 3.69% deal at up to 75% LTV and a 3.44% deal at up to 70% LTV.

All products that offer a maximum LTV of between 70% LTV and 80% LTV have an application fee of £855. The deals come with a free valuation and legal fees for remortgages.

Platform has also increased the number of selected intermediary partners that can access the product from five to 10.

Lee Gladwell, director of business development at Platform, said: “The response from brokers since we launched as a mainstream mortgage provider has been encouraging and we believe that we are making progress in our aim of helping intermediaries provide good service to their clients.”

The products are available to appointed representatives of Legal & General Partnership Services, Openwork, Personal Touch Financial Services, Sesame, Pink Home Loans, Connells, London & Country, Ocean Finance Central Trust and Countrywide.

Sponsored

Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let

Sponsored by Aldermore

Charles Haresnape, group mortgage services director at Connells, said: “This is great news and means Platform will be helping more of our customers onto the property market. It is good to see more competition returning to the mortgage market which can only help a sustained recovery.”