Full term tracker one has no early redemption charges and is bank base rate (BBR) plus 1.35 per cent for the life of the loan. The maximum LTV is 85 per cent and is available to conforming borrowers.
Full term tracker two has an early redemption charge with a BBR plus 0.99 per cent rate for the life of the loan. The maximum LTV is 85 per cent and is available to conforming borrowers.
Platform is reducing its retail income calculation from 130 per cent to 125 per cent on its buy-to-let products.
Guy Batchelor, sales and marketing at Platform, said: “We are providing the products that our clients need, we believe in providing choice at extremely competitive prices.”
Roger Hillier, product development manager at Mortgage Express, said: “It’s a very attractive deal with good rates.”
