26 September 2007

Platform reduces rates across Conforming range

 

Platform, the intermediary lender of Britannia, is delighted to announce a rate reduction of up to 0.50% across its conforming Prime, Self-Cert, Buy to Let and House Plus (Self Cert Buy to Let) products with immediate effect.

 

Product Type LTV Rate Previous Rate
PRIME      
2 or 3 Year Tracker 75% 6.64% 7.14%
2 or 3 Year Fixed 75% 6.04% 6.54%
SELF CERTIFICATION      
2 or 3 Year Tracker 75% 6.69% 7.19%
2 or 3 Year Fixed 75% 6.09% 6.59%
BUY TO LET      
3 Year Tracker 75% 6.69% 7.19%
3 Year Fixed 75% 6.09% 6.59%
HOUSE PLUS      
3 Year Fixed 85% 6.59% 6.99%

 

Mark Gordon, Head of Product Development, Platform said: “We are delighted to be in a position to announce a significant rate reduction of up to 0.50% across our conforming range of products.  Whilst not immune to the current market difficulties, we are able to capitalise on our ten years of operational experience within the specialist sector and the unequivocal backing of our parent Britannia to adjust our offering to better suit the needs of our customers.”

 

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