The Co-operative’s subsidiary Platform has temporarily withdrawn its new business range amid strong demand.
The lender said that the new business range was taken down from close of business yesterday as there had been “continued demand for our mortgage products”.
Platform said it would restart its mainstream and buy-to-let mortgage ranges for both new business and product switching on Monday.
Since July, the lender has increased select rates twice and temporarily withdrawn select products five times, the most recent withdrawal taking place last week when it temporarily took down select three and five-year fixed rate mainstream products in its new business range.
Following the Bank of England’s base rate increase last week, The Co-operative Bank said it would not pass increases in interest rates to mortgage Standard Variable Rates (SVR), which includes Platform.
However, it also said that it would keep its SVR rates under review.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
