Platform is increasing rates on two 90 per cent loan-to-value products along with a raft of other changes on Friday.

The lender is increasing the rate on two of its five-year fixed rate deals for borrowers with a 10 per cent deposit.

Its fee-free five-year fix at 90 per cent LTV was withdrawn on July 21 and will be reintroduced tomorrow with a rate of 3.89 per cent, up from 3.79 per cent previously.

An alternative deal at 3.29 per cent with a £1,499 fee, which has remained on sale, will increase to 3.49 per cent tomorrow.

Platform is also re-introducing a number of other deals with increased rates.

These include:

• Two and five-year fixed products with £999 product fee between 60 and 85 per cent LTV re-introduced with an increase of up to 0.17 percentage points
• Fee-free two and five-year fixed products between 60 and 85 per cent LTV re-introduced with an increase of up to 0.25 percentage points
• Fee-free three-year fixed rate at 85 per cent LTV increased by 0.1 percentage points.

Meanwhile the lender is reducing three-year fixed rates in its buy-to-let range by up to 0.4 percentage points.

Brokers wishing to make use of current deals must have applications submitted by 5pm today and the new rates will be available tomorrow.