Platform has reduced interest rates across a range of mortgage products, with some mortgages reduced by up to 0.15 percentage points.
Products aimed at first-time buyers include the following:
- Two-year fixed rate Help to Buy mortgage at 60% and 75% LTV at 1.59% with a £999 fee;
- Five-year fixed rate Help to Buy mortgage at 60% and 75% LTV at 1.99% with a £999 fee;
- Two-year fixed rate Help to Buy mortgage at 60% and 75% LTV at 2.04% with a £0 fee;
- Five-year fixed rate Help to Buy mortgage at 60% at 2.19% with a £0 fee;
- Five-year fixed rate Help to Buy mortgage at 75% LTV at 2.24% with a £0 fee.
All Help to Buy mortgages from Platform have £500 cashback and a free standard valuation. Available for purchase only.
Deals for existing Platform customers looking to product switch include the following:
- Two-year fixed rate mortgage at 70% LTV at 1.69% with a £0 fee;
- Three year fixed rate mortgage at 80% TV at 2.04% with a £0 fee;
- Five-year fixed rate mortgage at 80% LTV at 1.99% with a £749 fee;
- Two year fixed rate mortgage at 90% LTV at 2.04% with a £0 fee.
Other highlights of the newly reduced mortgage range include;
- Five-year fixed rate mortgage at 60% LTV at 1.79% with a £999 fee;
- Five-year fixed rate mortgage at 60% LTV with a market leading rate of 1.94% with a £0 fee;
- Five-year fixed rate buy-to-let mortgage at 60% LTV at 2.14% with a £0 fee.
All with the benefit of free standard valuation for purchase and remortgage. Free standard legals are also available for remortgage.
Neil Wyatt, head of mortgage distribution for Platform, said: “We continue to review the interest rates we offer across our range of mortgages to ensure we’re offering competitive deals for broker clients looking for the right mortgage for their needs and we remain committed to having a competitive range of mortgages for first time buyers looking to get on to the property ladder and are pleased to be offering a number of best in market Help to Buy mortgage deals.
“We have always had a policy of offering preferential rates for our existing customers and this price change means we now have a number of deals that are best in market for our existing customers to benefit from.
“We want customers to pick a competitive deal from us and know that they will still be offered a great deal when they’re looking to switch their mortgage. We do value our loyal customers and want work with our broker partners to keep their clients’ business for the long term.”
