Platform is relaunching its range of 95% LTV mortgages which will be available on a two, three or five-year fixed term.
There are a range of product fee options, including fee-free deals, with products offering either £250 or £500 cash back. These 95% LTV products, available from today, include:
- 2-year fix at 5.46% with a £1,499 product fee and £250 cash back
- 2-year-fix at 5.86% with no product fee and £250 cash back
- 3-year fix at 5.52% with a £999 product fee and £250 cash back
- 3-year fix at 5.81% with no product fee and £500 cash back
- 5-year fix at 4.89% with a £1,499 product fee and £250 cash back
- 5-year fix at 5.05% with no product fee and £500 cash back
Platform, the intermediary brand of The Co-operative Bank is relaunching this higher LTV range just two days after Skipton Building Society launched its 100% LTV mortgage, also aimed at first-time buyers in the rental market who are struggling to save for a deposit.
Platform has also re-launched its wider mainstream and buy-to-let mortgage ranges for both new business and product switching. In the residential market its rates include a two-year fix at 4.61% (at 60% LTV) with a £1499 fee, or at 5.07% for no fee.
In its BTL range it is now offering a two-year fix at 4.61% (60% LTV) with a £1,999 fee.