The intermediary mortgage brand of The Co-operative Bank, Platform, has announced that it has reduced rates across all 90% LTV mortgages in its two, three and five year fixed rate products by up to 0.15%. The revised rates are availbale for both new and existing customers.
According to the lender, new products include a two year fixed rate at 90% LTV with a rate of 1.84% and a £999 fee, with the benefit of £250 cashback and a free standard valuation for purchase and remortgage.
Platform is also reducing other selected mortgage products across its residential range by up to 0.15 percentage points, as well as reducing selected two year fixed rate buy-to-let mortgages for both new and existing customers by up to 0.05 percentage points.
Paul Norcott, head of mortgages and insurance, said: “Platform is kicking off 2018 with competitive rates to help our broker partners find the best value deal for their clients whose New Year resolutions might include buying their first home, their first rental property or remortgaging their property to bring down their monthly repayments. We want to be the go-to provider for advisers this year and we plan to continue to offer consistently competitive rates for a range of circumstances throughout 2018.”