Platform launches new Co-operative mortgage

Wednesday, 17 February 2010 12:00

Platform has launched a new mortgage product from the Co-operative Bank with a headline rate of 3.44 per cent.

The intermediary said the two-year, fixed-rate deal comes with a free valuation and legal fees for remortgages, with zero application fees on 85 per cent loan-to-value (LTV) products, which have an interest of 5.64 per cent.

Up to 70 per cent LTV products have a rate of 3.44 per cent and an application fee of £855, while the 75 per cent LTV rate is 3.69 per cent and the 80 per cent LTV rate is 4.89 per cent.

Lee Gladwell, director of business development at Platform, said: "This extremely competitive fixed-rate mortgages is great news for brokers and provides another example of our commitment to supporting the sector with a first class product and service proposition."

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