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Platform extends deadline for buy-to-let range

Platform has extended the deadline to access its two-year fixed rate buy-to-let range until the end of July.

The lender’s range includes 75% LTV deals available at 4.69% with a £2,450 arrangement fee or 5.89% without.

It also has a let-to-buy two-year fix available up to 75% LTV at 5.99% with no arrangement fee and an £89 administration fee.

It also has a selection of other options at a spread of LTVs in its premier buy-to-let and mainstream ranges.


The Mortgage Mole

Hard times Woolwich’s tranche booking system became notorious among brokers last month after many were forced to stay up all night to book funds. Mortgage Strategy was inundated with numerous tales of woe from brokers, but it seems the system did have benefits. Mole hears that one network head recently received an email from a […]

L&G unveils income-linked lifestyle cover to replace MPPI

Legal & General has launched a short-term income protection product to replace its existing mortgage payment protection insurance product for new business. The lifestyle cover product provides a monthly benefit linked to the customer’s income, rather than linking it to a specific mortgage or loan. The benefit will be paid for up to 12 months […]

john malone

Threat to small firms by MMR is unfounded

The Mortgage Market Review will not inadvertently kill off smaller directly authorised firms, says John Malone, executive chairman of PMS. Last week Mortgage Strategy reported that a major lender was looking to pay proc fees based on brokers’ quality of business, not quantity. It is believed to be making the changes because of the forthcoming […]


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