Purchase mortgages also benefit from free valuation and a £250 contribution to legal costs via “one stop” lender, Platform.
Borrowers not only benefit from a discount of 1.50% in years 1 and 2 but also a further discount of 0.25% in year 3. The 1.50% discount in the first two years includes Platform’s 0.25% BONUS discount which applies on all applications received until 30th September 2004.
This deal can be applied to any product in Platform’s non-conforming range early repayment charges are restricted to the three year discount period.
Chris May, Director of Mortgage Times, commented:
“We are delighted to be working closely with Platform on this fantastic exclusive deal. This deal covers the whole of Platform’s non-conforming product range and will offer our members a unique opportunity to benefit from their very competitive rates.”
Guy Batchelor, Sales and Marketing Director, Platform, added:
“It is a real pleasure to be providing an exclusive product to Mortgage Times and is the result of a good relationship that has been built over the last few months. These products have been designed to offer excellent value to customers and to meet the needs of the market. We are fully committed to packagers, particularly in the run up to Mortgage Day, and we feel that the quality of this specially designed product for Mortgage Times proves this.”