The three-year fixed rate product is available across Almost Prime, Minor & Light Adverse and customers benefit from a 0.20% rate reduction on Platform’s core rates plus a free valuation.
PMS Exclusive via Platform
• Available on 3 Year Fixed Rate only (Fixed until 1 March 2010)
• Available on Full Status & Self-Certification basis
• Available across Almost Prime, Minor & Light Adverse
• 0.20% rate reduction off core rates
• Rates starting from 5.70%
• Early Repayment Charge – 6%/6%/6% of the amount redeemed until 1 March 2010. 1 month’s notice or 1% of amount redeemed thereafter
• Arrangement fee - £695
• Free valuation
John Malone, managing director of PMS, said: “We are grateful to Platform for providing these products for our members as this area of the non-conforming market has never been greater. The overall competitiveness that these deals offer will give our members an ideal opportunity to meet the needs of their clients, who have had minor credit problems in the past.”
Paul Hunt, head of marketing for Platform, said: “We are delighted to be providing this exclusive product to PMS. The Almost Prime, Minor & Light Adverse sectors are the undoubted battlegrounds in the non-conforming sector at the moment and the launch of this new range of products will maintain our position at the forefront of this market. We look forward to working with PMS over the coming months to continually develop extremely
