15 February
2010
Platform launches rate and doubles intermediary
access
Platform, the intermediary arm of the Co-operative Bank, has
launched a range of two-year fixed rate deals starting at 3.44% and
has doubled the number of intermediaries the rates are available
to.
Rates include a 5.64% deal at up to 85% LTV with no fee, and a
product at 4.89% up to 80% LTV.
There is also a 3.69% deal at up to 75% LTV and a 3.44% deal at
up to 70% LTV.
All products that offer a maximum LTV of between 70% LTV
and 80% LTV have an application fee of £855.
The deals come with a free valuation and legal fees for
remortgages.
Platform has also increased the number of selected intermediary
partners that can access the product from five to 10.
The products are available to appointed representatives of Legal
& General Partnership Services, Openwork, Personal Touch
Financial Services, Sesame, Pink Home Loans, Connells, London &
Country, Ocean Finance Central Trust and Countrywide.
Lee Gladwell, Sales and Proposition Director at Platform, says:
“The response from intermediaries since we launched as a mainstream
mortgage provider has been encouraging and we believe that we are
making progress in our aim of helping intermediaries provide good
service to their clients.”
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