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Platform reduces rates on B2L deals

Platform has reduced the rates on a number of its buy-to-let tracker and fixed rate deals by up to 0.20%.

It is now offering a two-year tracker up to 60% LTV at 3.29, 3.69% up to 65% LTV, 4.09% up to 70% LTV and 4.49% up to 75% LTV, all with an admin fee of £89 and arrangement fee of 2.5%.

It is also offering a two-year tracker up to 60% at 3.59%, 3.79% up to 65%, 3.99% up to 70% LTV and 4.29% up to 75% LTV – all with a £89 admin fee and £2,450 fee.

The lender also has a range of deals with no arrangement fee, including a two-year fixed rate up to 60% LTV at 4.89%, 5.19% up to 65%, 5.79% up to 70% LTV and 5.89% up to 75% LTV – all with a £89 admin fee.

All products continue to be offered with free valuation for both purchase and remortgage and free standard legal fees for remortgages.


Capita director moves to Virgin Money

Virgin Money has recruited Capita’s Gordon Soutar as operations director, with Brian Brodie becoming customer and distribution director. Soutar joined Capita’s life and pensions arm as operations director last June and was previously chief operating officer of HML. Brodie, former chief executive of HML, joined Virgin in January as operations director after leaving HML in […]

60 seconds with… Nick Baxter, director, Mortgage Promotions

At the strategy summit Some people were calling brokers who are not specialists in a specific field, like new-build or buy-to-let, dabblers – is this right? I don’t think it is right to describe brokers who aren’t specialists as dabblers. Brokers are specialists in understanding and satisfying clients’ needs in different product areas. They might […]

Choose life…

Sarah Scott  – Marketing Consultant, Royal London  This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]


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