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MONDAY EMBARGO! Platform launches fixed rate range

Platform, the intermediary lender of Britannia, today announced the launch of a range of fixed rates across its self-cert, buy-to-let and sub-prime products.

The range also sees the launch of a two year fixed rate self-cert special available to 85%LTV at the rate of 4.95% with no early repayment charge overhang.

Platform has launched its fixed rates to follow-on from its previous range launched in July with clickdecision. The online decision facility has seen Platform double its new business volumes and receive over 40,000 decisions online of which over 80% have been approved.

Guy Batchelor, sales and marketing director at Platform, says: “The launch of clickdecision and our previous product range has been a significant development for Platform and has completely revolutionised our business.

“While we expected an increase in our numbers, we have far exceeded even our expectations. Our challenge is to maintain our position as one of the top specialist lenders and this new range of fixed rates will ensure we do so in the buy-to-let, self-cert and sub-prime markets.

“With the launch of Electronic ID verification on clickdecision last week, once again Platform not only have one of the foremost online decision systems in the market, we also have one of the most competitive product ranges as well.


MEX probe into self-cert allegations continues

Mortgage Express is continuing its investigation into allegations that one of its sales team advised brokers how to fill in self-cert mortgage applications fraudulently. A source tells Mortgage Strategy that one broker voiced concerns to senior management at MEX after he was advised by one of its BDMs on how to exploit loopholes in a […]

Council Tax Bill published

The Council Tax (New Valuation Lists For England) Bill was published today by the Office of the Deputy Prime Minister.The publication of the Bill follows the announcement on September 20 that the government has extended Sir Michael Lyons’ inquiry into local government funding – so that he can consider issues relating to the wider functions […]

Market Watch

It was a pretty quiet week for rate changes but we did see the best rates of the year being launched. One-year money is down 0.02% at 4.54% Two-year money is down 0.03% at 4.49% Three-year money is down 0.01% at 4.52% Five-year money is up 0.02% at 4.56% While I was impressed to receive […]

Rooftop Direct teams up with Burns Anderson and Mortgage Broking Services

Specialist lender Rooftop Mortgages has been appointed to the lending panels of Burns Anderson and Mortgage Broking Services through its Rooftop Direct arm. Rooftop Direct is specifically targeted at those network members who prefer to submit direct to the lender. The first such arrangement with Sesame came into effect on September 1.Jonathan Naylor, managing director […]

Retire, retirement, calculator

Defined benefit schemes: Part 2

Justin Corliss, business development manager In defined benefit (DB) schemes part 1, we looked at recent guidance aimed at DB scheme trustees and sponsors. In part 2 we will look at guidance available to pension transfer specialists (PTS). In the first instance, PTS should familiarise themselves with COBS 19. All guidance below is designed to […]


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