Platform is reintroducing its Help to Buy mortgage range and bringing back lending up to 85 per cent LTV in England.

Lending will be available up to 75 per cent LTV in Scotland and Wales, where physical valuations are still restricted, with remortgage products accessible up to 80 per cent.

The intermediary arm of the The Co-operative Bank is also reducing all fixed rate mortgages for house purchases by up to 0.20 percentage points.

The new rates include the following:

1.17 per cent two year fixed rate at 60% LTV with a £999 fee and £250 cashback available

1.54 per cent five year fixed rate at 75% LTV with a £999 fee with £250 cashback available

1.44 per cent two year fixed rate at 80% LTV with a £999 fee with £250 cashback available

Platform head of intermediary business Fred Sharp says: “We are continuing to support our broker partners find the right products and best value deals for their clients as they start to get their aspirations of owning a home back on track. Help to Buy is an important part of our product range and we’re glad to have this available from Monday as well as increasing our available mortgages up to 85 per cent LTV for those looking to purchase a house in England.

Platform head of retail lending Carolyne Gregory says: “We are continuing to monitor the wider market to ensure our remortgage and product switch options remain competitive as we understand that finding the right deal can make a big difference to households navigating a challenging economic landscape. We will support our mortgage customers to find the right mortgage option for their circumstances and their financial situation.”