10 May 2004

Platform extends bonus discounts

- Special offer period now open to all Non-Conforming applications received by 30 September 2004 -

Platform, the ‘one-stop’ intermediary lender of Britannia Building Society, has extended the offer period of its bonus discounts due to their popularity since they were launched in February. The bonus discounts are available on all Platform’s non-conforming products which include Low, Medium, Fast-Track and Right to Buy schemes.

The offer, extended for an extra four months to 30 September, is applicable to all non-conforming applications received by this date. Borrowers will benefit from an extra 0.25% for the discount term, resulting in discounts as high as 2% and rates from as low as 4%. Intermediaries are also given four different discount options with 1 year, 18 month & two 2 year discounts being available.

Guy Batchelor, Sales & Marketing Director of Platform, commented;

"We launched our limited period non-conforming bonus discounts in February 2004 in order to complement our already competitive standard discounts. However, such has been the demand for these products that Platform has extended the offer period in response.

"We have had an excellent start to the year and now look forward to fulfilling our objectives for the remainder of 2004 - increasing our market share and lending volumes in the intermediary specialist mortgage market."

 

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