The Co-operative Bank’s dedicated intermediary mortgage lender has introduced a 1, 2 and a 4 year fixed deal, and a 2 year tracker, with a 1-year fixed rate available to selected intermediary partners.
Lee Gladwell, business development director at Platform, said: “Platform has a wealth of experience and expertise in buy-to-let lending and we are keen to extend our buy-to-let product proposition exclusively for the intermediary market.
“We believe these products will be a competitive range for brokers to recommend to their clients.”
The 4-year fixed rates start at 4.99% offered up to 60% Loan-To-Value (LTV), 5.39% offered with a 65% LTV and 5.49% at up to 70%.
A spokesman said: “If you take a 2-year fix, let’s be honest, it’s unlikely interest rates will go down during the deal period. But the 4-year fix saves you paying out another remortgage fee when the deal ends and keeps your rate low for longer.”
Platform has also introduced a range of mainstream products, with a free valuation and standard legal fees on remortgages and an administration fee of £140.
