Platform launches new Mainstream mortgage deals for intermediaries

 

Platform today (5 October) launched a new range of mainstream mortgage products which are available to its selected intermediary partners.

 

In its latest move to build a dedicated mortgage business for intermediaries, Platform will add a selection of attractive fixed and tracker deals to its range with free valuation, and free legal fees for remortgages*.    

The new mortgage products are:

·        2 Year fixed rates from 4.24 per cent

·        3 Year fixed rates from 4.89 per cent

·        5 Year fixed rate from 4.49 per cent

·        2 Year tracker products from 3.29 per cent

·        3 Year tracker products from 3.24 per cent

 

All the new products come with an application fee of £995 and are available to Platform’s panel of intermediary partners**.

 

In addition, Platform will add a new 3 year fixed buy-to-let mortgage with a rate starting at 5.79 per cent to its specialist intermediary product range.  It comes with an application fee of £1,495.

 

Lee Gladwell, Director of Sales & Proposition at Platform, said: “These products provide intermediaries with a wider choice of attractive variable and fixed rate mortgages to meet the differing needs of their clients.

 

“This is the latest move in our work to build a dedicated intermediary mortgage business that puts intermediaries at the heart of our product and service proposition, enabling them to deliver an enhanced service to their clients. 

 

Following the merger between Britannia Building Society and The Co-operative Financial Services in August 2009, Platform is now the intermediary lender of The Co-operative Bank.

 

Lee Gladwell adds: “Platform will bring The Co-operative’s trusted brand and unique approach to responsible business to the intermediary mortgage market.  We believe that combining these with our aim to deliver quality products and service will be very attractive to IFAs.”

 

Ben Thompson, Director of Mortgages at Legal & General said: "It is great to see a lender like Platform advancing the intermediary market by offering attractive products alongside a service capability that is really focused on the intermediary markets.

 

"I'm sure this competitive product range will prove a popular choice for our network customers and their clients."

 

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