This coincides with the relaunch of Platform’s fixed rates.
Chris Smith, Optoma's new business manager, commented: “Everyone is expecting the Monetary Policy Committee (MPC) to increase Bank Base Rate on 10 May and with the strength of the new fixed rates Platform are launching we expect to see a lot of uptake. Optoma are always keen to add extra value and this would seem to be a great opportunity with the good timing of the launch in advance of the next MPC meeting.”
Platform has announced a reprice of fixed rates across its entire product range. Rates have been reduced by up to 0.75 per cent and will be launched on Monday.
Richard Beardshaw, head of sales at Platform, said: “We are proud that our customers can now enjoy significant enhancements to not only our fixed rate products, but many of our trackers as well. Increased competition coupled with uncertainty over Bank of England base rate has placed the specialist mortgage sector in a unique situation and as a lender at the forefront of this market, these new products will ensure we maintain that position.”
“Our intention has always been to maintain our competitive edge whilst adding considerable value to the proposition of our corporate partners. By offering the added incentive of free valuations to a number of products through Optoma’s distribution channels, we hope that our already productive relationship will continue to strengthen. We are delighted to be working with them once again.”
