Rates are 7.29% at 65% LTV with a +0.40% self cert loading, and 7.59% at 75% LTV with a +0.60% self cert loading.
Available from 1 December 2008, the fixed period runs to 1 September 2011 and legal fees are free for remortgages if title insurance is taken.. The product is available to first time buyers, home movers and for remortgages and allows up to £500 in CCJ’s. All defaults will be ignored whether satisfied or not. The maximum LTV for remortgages is 70% for both status and self cert. There is an arrangement fee of only £1295.00 that can be added to the loan, and ERCs of 6% of the amount redeemed apply until 1 September 2011.
Tristan Pile, sales and marketing director of Complete, commented: “We are delighted to have been selected by Platform as the exclusive distributor of its new fixed rate mortgage product, and we expect demand to be high in a market that currently offers brokers and borrowers few choices. Despite the current turmoil in the market, Complete has continued to add to its service offerings - including secured loans, commercial, bridging and debt solutions- . We also offers brokers many additional benefits including free valuations across a whole range of lenders, free Trigold and discounted conveyancing services, and we firmly believe that, as a packager, we can continue to offer an unrivalled service to brokers. “
Neil Wyatt, regional sales manager at Platform, said: “Complete Mortgage & Loan Services are a business partner of Platform and we are delighted to be able to distribute shared exclusives via our key packager relationships”
