The rates are fixed at 3.89% and 4.19%, with maximum loan-to-values of 60% and 75% respectively. The arrangement fees for both are £1,495. The products come with free valuation fees, £250 cashback for remortgages and the maximum loan size is £1 million.
Martyn Smith, head of mortgages at Legal & General said: “We’ve had a number of exclusives with Platform this year and they have always proved popular. Rates for borrowers with good deposits are now at very good levels.”
Mark Gordon, head of proposition at Platform said: “By offering a range of competitive mainstream mortgage products alongside its more traditional suite of specialist offerings, Platform has moved from the mantle of specialist lender, to the position of intermediary specialist and prides itself on adapting to the growing needs of its customers. Platform has a long standing and highly productive working relationship with Legal & General and we feel the availability of these new products will prove highly beneficial to their representatives as well as their end customers.”
