Platform launches two-year fixes

Platform has launched a range of two-year fixed rate deals for brokers with rates from 3.49%.

Rates are available to Platform’s broker panel and include a product at 3.49% at up to 70% LTV, a 3.69% deal at up to 75% LTV and a rate at 4.79% at up to 80% LTV.

These deals are available to advisers with Legal & General, Pink Home Loans, Personal Touch Financial Services, Openwork and Sesame.

There are also rates for advisers with Countrywide and Connells, including a 3.59% deal at up to 70% LTV, a 3.79% product at up to 75% LTV, and a 4.89% deal at up to 80% LTV.

All Countrywide and Connells deals come with a £250 cashback.

The products are for both purchases and remortgages, and come with a free valuation and free legal fees for remortgages.

The arrangement fee is £855 and the administration fee is £140.

Lee Gladwell, director of sale and propositions at Platform, says: “Tracker products have been dominating the market for some time but with more competitive fixed rates now emerging consumers are again facing a choice between the two.

“It’s certainly an opportunity for brokers to show the quality of their expertise by helping their clients to decide what type is best for them.”