Platform withdraws some 85% fixed rates - Mortgage Strategy

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Platform is removing a number of its 60 per cent LTV to 85 per cent LTV products from the market.

Specifically, the Co-operative Bank’s intermediary arm will remove the two-year fix with £999 product fee and the five-year fix with £999 product fee.

The lender says that this case is only temporary and that 90 per cent lending on a five-year fix is still available.

Platform adds that if brokers have cases to submit on these products, applications should be completed by 5pm today, 6 July.

The products were originally brought back onto the market on 19 June.

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