Platform has made a number of cuts to its high-LTV mortgage products.

The intermediary arm of The Co-operative Bank has also re-introduced two-, three-, and five-year fixes in the 60% LTV to 75% LTV range, which charge a £999 fee, and five-year fixes in the same range that incur no fee.

The rate cuts occur at up to 25 basis points. Highlights are as follows:

• The 90% LTV two-year fix ratewith £999 fee and £250 cashback is now set at 1.72%
• The 95% LTV two-year fix with zero fee and £250 cashback is now 2.56%
• The 90% LTV three-year fix with zero fee and £500 cashback is now 2.43%
• The 90% LTV five-year fix with zero fee and £500 cashback is set at 2.43%
• The 90% LTV five-year fix with £1,999 fee and £250 cashback has been lowered to 2.14%

Platform director of mortgage distribution Fred Sharp says: “We have been carefully reviewing our range of on sale mortgages since the start of 2022 and we are keen to support those aspiring to own their own home this new year who have a lower proportion of deposit to fund their purchase.

“Following the Bank of England base rate rise to 0.25% so close to the end of last year we’re continuing to review the products we have available to our broker partners as we move closer to the next monetary policy committee decision on 2 February.”