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Platform reduces rates

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  • 16/11/2009
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Platform has reduced rates on several fixed and tracker deals for the second time in two months and has implemented changes to its mortgage proposition.

It has brought in a three year fixed rates at 4.59%, a two year tracker from 2.89% and a three year tracker product from 2.99%. Platform has also launched a two year fixed rate buy-to-let product with rates from 5.19% and a three year fixed rate buy-to-let deal with rates from 5.79%. It has also withdrawn its five year fixed rate.

All the mainstream rates come with free valuation and free legal fees for remortgages and are available via Platform’s panel of intermediary partners with a reduced application fee of £855.

Lee Gladwell, director of sale & propositions at Platform, said: “This reduction in rates across our mainstream range is good news for intermediaries with the introduction of more competitive products. Platform is striving to develop a dedicated intermediary mortgage business that puts independent financial advisers at the heart of our product and service proposition, enabling them to deliver an enhanced service to their clients.”

 

 

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