Platform has relaunched its mainstream and buy-to-let mortgage ranges for new borrowers and product switchers with rate cuts of up to 29 basis points.
Highlights of The co-operative bank’s broker-only arm reductions and changes include:
New Business
Mainstream
- Two-, three- and five-year fixed-rate products fall by up to 29bps
- 10-year fixed-rate products down by up to 19bps
- Standard variable rate rises by 25bps to 8.12%
Buy to Let
* Two- and five-year fixed-rate products cut by up to 25bps
* Two-year Premier fixed-rate products reduced by up to 25bps
* Two-year tracker rates increased by 25bps
- Reversionary rate increased by 25bps to 8.12%
Product Switch
Mainstream
* Two-, three- and five-year fixed-rate products fall by up to 29bps
* Two-year tracker rates rise by 25bps
- Standard variable rate lifts by 25bps to 8.12%
Buy to Let
* Two-, three- and five-year fixed-rate products fall by up to 25bps
* Two-year Premier fixed-rate products cut by up to 25bps
* Two-year tracker rates rise by 25bps
- Reversionary rate up by 25bps to 8.12%
