Platform, the intermediary brand of The Co-operative Bank, will re-launch 95% mortgages on Monday 10 May.

The new first-time buyer products will be available on two- and five-year fixed rates and come with £250 cashback.

Two-year fixed rates are as follows: with zero fee the rate is 4.11%, with £999 fee, 3.77% and with £1,499 fee, 3.61%.

For five-year fixes, with zero fee the lender will charge 4.13%, with £999 fee 3.99% and, with £1,499 fee, 3.93%.

Platform is also adding new five-year fixes to its sub-95% LTV range and cutting rates across its Professional Mortgage range by up to 12 basis points.

Further changes include the lender increasing residential LTV limits for capital raising and debt consolidation from 75% to 85% and allowing stipend income to be used as an income source in mortgage applications.

Co-operate Bank director of retail lending Carolyne Gregory says: “Although we have been able to maintain high LTV options with our 90% LTV products and Professional Mortgage range, we have seen demand for this additional LTV band and we have come back to market with competitive 95% LTV mortgages whilst ensuring we’re able to offer responsible and sustainable lending.”