Platform has cut a number of select fixed rate buy-to-let mortgage interest rates by up to 0.25 percentage points.
Deals now include:
- Two year fixed rate buy-to-let mortgages from 1.34%
- Three year fixed rate buy-to-let mortgages from 2.04%
- Five year fixed rate buy-to-let mortgages from 2.34%.
Paul Norcott, head of mortgages and insurance at the intermediary-led mortgage brand of the Co-operative Bank, said: “At a time when many of those looking to take a buy-to-let mortgage face additional challenges, we’re pleased to be able to offer competitive deals to our broker partners as they look to secure the best mortgage option for their buy-to-let clients.
“The significantly reduced interest rates across our Platform buy-to-let fixed rate mortgage range should appeal to those clients looking to remortgage and reduce their monthly repayments with the added benefit of free legals, and cashback of up to £500 available on some products, as a way for Landlords to offset increased costs.”
Free standard legals are available on all buy-to-let fixed rate mortgages for remortgaging clients, and cashback of either £250 or £500 is available on some mortgage products.