View more on these topics

Platform launches new residential mortgage range

mortgage plartform residential

Platform has launched a range of residential mortgage products with rates starting at 3.19 per cent.

The range of two-year and five-year mortgages start are available from today and come with a standard legal fee for remortgages as well as free valuation. A five-year fixed rate starts at 3.45 per cent with a £950 arrangement fee and is available up to 80 per cent LTV.

A five-year fixed at 4.95 per cent is available at 85 per cent LTV with no arrangement fee.

Rates on the two-year tracker start at 3.19 per cent up to 60 per cent LTV, also with a £950 arrangement fee.

The Co-operative Bank’s head of mortgages James Hillon says: “Platform is committed to supporting intermediaries and their customers by offering a range of products that are fit for purpose and best suit their needs.

“We have found that there is increasingly more appetite for longer term fixed rate products which allow people to budget with more certainty, and have therefore decided to launch the competitively priced 5 year fixed rate product for our customers.

“We hope that the suite if mainstream products, which include fixed and tracker options, will enable brokers to offer a comprehensive range of competitive products to their clients.”

Recommended

Principality BS joins the Buy to Let Business Mortgage Club

Principality Building Society has today joined the Buy to Let Business Mortgage Club’s lender panel. A 3.69 per cent BTL two-year tracker mortgage is now available as a shared exclusive, available for purchases and remortgages up to 60 per cent LTV and with a 1 per cent arrangement fee and £99 mortgage commitment fee. The […]

scales

Easing the path to re-housing

Assisted Voluntary Sales schemes should, in theory, present a more attractive option for borrowers who have fallen into arrears on their mortgage.

Precise launches prime product range

Precise Mortgages has today launched a range of prime home owner mortgages aimed at borrowers in the south of England. Rates on the two-year fixed rate products start at 3.49 per cent at 70 per cent with an arrangement fee of £995. Rate on the five-year fixed start at 3.89 per cent. The products are […]

Pension - thumbnail

David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.

Newsletter

News and expert analysis straight to your inbox

Sign up
Comments
  • Post a comment
  • Andy Hall 24th September 2012 at 4:57 pm

    Edit – “Platform is committed to supporting ”SOME” intermediaries!!

  • Andy Hall 24th September 2012 at 3:58 pm

    Edit – Platform is committed to supporting ‘SOME’ intermediaries!!

  • Graham Kennedy 24th September 2012 at 3:08 pm

    I do get fed up with this lender’s representatives implying they support the whole intermediary market when their prime products are not available to Directly Authorised brokers!Fine if you are an Appointed Representative of a Network.