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Platform named best intermediary lender

The award, in recognition of Platform&#39s consistently excellent service to the intermediary market, was voted for independently by a panel of respected industry figures on behalf of the consumer magazine, Mortgage Advisor & Home Buyer magazine.

Platform was acquired by the Britannia Group in 2001 and was launched in February 2003 as the Group&#39s dedicated intermediary lender. Through its comprehensive &#39one&#39 product range, Platform caters specifically for the intermediary market offering products such as buy-to-let, self-certification, prime and non-conforming mortgages.

Since launch, Platform has experienced tremendous growth, increasing its staff head count from approximately 90 to 250 and establishing itself as one of the leading buy-to-let lenders in the market. Year to date, Platform has delivered profits consistently ahead of targets and completions are in line to smash the £2.5bn target for 2004.

Guy Batchelor, sales and marketing director at Platform, says: “We are delighted to have won this award which is a real credit to everyone associated with Platform. We continue to make real strides into the intermediary mortgage market, striving to create the very best products for our &#39one&#39 product range, delivered by a dedicated customer service team. We are now looking forward to the final quarter of the year and exceeding our expectations for 2004.”


Pinnacle launches bond

To mark the launch, Pinnacle has a special offer paying up to 4.68% net monthly income for a three-year term. This is equivalent of up to 6.24% gross for higher rate taxpayers. The minimum investment is £25,000. Both capital and income payments are guaranteed providing the bond is kept for the full investment period. Kathy Byrne, […]

Brokers slam A&L valuations policy

Some A&L products offer free basic valuations but if borrowers choose the more comprehensive homebuyer&#39s report or full building survey they will be charged the full amount. Ray Boulger, senior technical manager at Charcol, says most lenders offering such discounts will only charge the difference between the more comprehensive report and the basic survey. Danny […]

Near prime off to a flying start at Preferred

Preferred Mortgages has already added enhancements to the product &#45 defaults are now ignored, the LTV has been increased to 90% for self-cert, employed, purchase and remortgage. Preferred Mortgages has seen great interest in the new product since its launch in May, with business far exceeding expectations. John Webster, managing director, says: “We are extremely […]

Number of new mortgages rising

Some 74% of mortgage intermediaries say they will be arranging more mortgages 12 months from now, says research from TNS. This compares to just 65% of intermediaries surveyed at the same time last year. Confidence was highest among mortgage advisers in the South with 76% of respondents saying they will be arranging more mortgages compared […]

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]


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