Platform reduces rates on broker exclusives

Platform has reduced its rates by up to 0.45% on a number of its exclusive intermediary mortgage products.

It is now offering a two-year fixed rate at 3.79%, down from 4.24% up to 60% LTV, the product is also available up to 80% LTV at a rate of 5.89%.

It is also offering a three-year fixed rate from 4.69%, down from 4.89% up to 60% LTV, as well as a five-year fixed rate from 5.69%, down from 5.89% up to 60% LTV and two-year tracker products from 3.09% down from 3.29%.

All the revised rate mortgages come with free valuation and free legal fees for remortgages and are available to Platform’s panel of intermediary partners with an application fee of £995.

Lee Gladwell, director of sale & propositions at Platform, says: “This reduction in rates across our mainstream range is good news for intermediaries.

“Platform is striving to develop a dedicated intermediary mortgage business that puts IFAs at the heart of our product and service proposition, enabling them to deliver an enhanced service to their clients.”  

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