Mortgage News
TSB withdraws products; Platform relaunches deals ‒ round-up
TSB has withdrawn a selection of residential and buy-to-let five-year fixed rate products effective from today.
This includes fee-free five-year fixed first-time buyer and house purchase products, as well as five-year fixed rate shared ownership remortgage and shared equity first-time buyer, house purchase and remortgage products.
The lender has also removed five-year fixed rate buy-to-let purchase and remortgage products.
Platform brings back select products
Co-operative subsidiary Platform said that it would relaunch its mainstream and buy-to-let mortgage range for new business and product switching.
On the new business side, its mainstream five-year fixed rate at 60 to 80 per cent loan to value (LTV) has been cut by 0.1 per cent.
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The lender added that its fee-free and £999, £,1499 and £1,999 fee products remain withdrawn.
Platform added that its mainstream two-year buy-to-let and buy-to-let premier products stay removed.
Platform’s product switch mainstream two, three and five-year fixed rate products have gone up by around 0.65 per cent.