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Platform launches lowest two-year fix at 90% LTV on record

  • 01/12/2015
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Platform launches lowest two-year fix at 90% LTV on record
Platform, the intermediary lender of The Co-operative Bank, is offering the lowest-ever two-year fixed rate mortgage at 90% loan-to-value (LTV) for house purchases.

The deal starts at a rate of 2.24% and comes with a £1,499 arrangement fee. Platform has launched a number of other 90% LTV options with varying fee options and £250 cashback on selected products.

Further highlights from the range include a five-year fixed rate at 90% LTV starting at 2.44% with a £1,499 arrangement fee and a two-year tracker mortgage at 90% LTV from 1.44% with a £999 arrangement fee.

Stuart Beattie, head of mortgages at Platform, said: “We are delighted to offer our lowest ever 90% LTV rate. This complements Platform’s existing range of competitive deals to intermediaries, enabling them to offer a range of products to brokers and their clients.

“As we come to the end of 2015 we are delighted to have continued to offer competitive  rates  all year round and look forward to an exciting 2016 for intermediaries.”

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