The buy-to-let deals are fixed until 30 April 2014, available up to 75% LTV, starting at: 3.69% at 60% LTV, 4.09% at 65% LTV, 4.29% at 70% LTV and 4.69% at 75% LTV.
All deals gave an arrangement fee of £2,450, a non-refundable administration fee of £89, and come with a free valuation and free standard legals for remortgage customers.
Martyn Smith, head of mortgage products at Legal & General Mortgage Club, said:
“These products are priced aggressively and have a flat fee. Buy to let continues to be a growth area in an otherwise sluggish mortgage market and Platform are showing initiative in reacting to this demand.”
Nick Allen, product marketing manager at Platform, said: “We have already stated our aim to increase lending in the buy-to-let sector by a third this year to support the demand brokers are experiencing. We will continue to provide products that we believe will be popular with intermediaries and will continue to work with them to develop further opportunities.”
