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Platform launches new B2L range

Platform has launched a new buy-to-let range with rates including a sub-5% four-year fixed rate at 60% LTV.

Other products include a two-year 60% LTV tracker at 3.49% and a two-year 70% LTV fix at 5.19%.

The reprice comes in the wake of the firm’s decision to restrict its underwriting criteria for buy-to-let last week.

Lee Gladwell, business development director at Platform, says: “Platform has a wealth experience and expertise in buy-to-let lending and we are keen to extend our buy to let product proposition exclusively for the intermediary market.

“We believe these products will be a competitive range for brokers to recommend to their clients.”


Products with short deadlines can boost business for efficient brokers

Mortgage deals that are available for seven days or less are good for brokers, says Ray Boulger, senior technical director at John Charcol. Last week both Lloyds Banking Group and Accord Mortgages launched deals which were available for only a few days. Boulger says lenders have launched the deals to fill lending gaps before the […]


Great rates but they come with deadlines

Lenders are starting to tell us when they are going to withdraw their mortgages. HSBC kicked off the trend by stating a final date on its best buy term tracker which was advertised in national newspapers. But while the rate was great, I bet not all its customers will have been pleased to secure the […]



Lloyds group has a new CEO, who did a great job while at Santander, and is paying off its loans faster than expected. Meanwhile, Platform is following its lead with restrictions on buy-to-let criteria.


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