Platform, the intermediary mortgage brand of the Co-operative Bank, has announced the relaunch of 95% LTV mortgage products.
The 95% LTV mortgages will be available over a 2, 3 or 5 year fixed term and with a range of product fee options including £0 product fees, and all 95% LTV products benefit from at least £250 cashback.
The full product details of the 95% LTV mortgage range are:
- 2 year fixed rate at 5.46% at 95% LTV with a £1,499 product fee and £250 cashback available
- 2 year fixed rate at 5.57% at 95% LTV with a £999 product fee and £250 cashback available
- 2 year fixed rate at 5.86% at 95% LTV with a £0 product fee and £250 cashback available
- 3 year fixed rate at 5.41% at 95% LTV with a £1,499 product fee and £250 cashback available
- 3 year fixed rate at 5.52% at 95% LTV with a £999 product fee and £250 cashback available
- 3 year fixed rate at 5.81% at 95% LTV with a £0 product fee and £500 cashback available
- 5 year fixed rate at 4.89% at 95% LTV with a £1,499 product fee and £250 cashback available
- 5 year fixed rate at 4.93% at 95% LTV with a £999 product fee and £250 cashback available
- 5 year fixed rate at 5.05% at 95% LTV with a £0 product fee and £500 cashback available
As well as relaunching 95% LTV options into its mortgage range, Platform is also relaunching its wider mainstream and buy-to-let mortgage ranges for both new business and product switching.
Darrell Evans, chief commercial officer at the Co-operative Bank, said: “We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners. Saving for a deposit can a big hurdle for first time buyers when trying to get onto the property ladder and we hope this new range helps people to realise their goal of owning a home.”