The new products are available to Platform’s selected panel of intermediary partners and come with free valuation. There are also free standard legal fees for remortgages.
Rates are:
• 70 per cent LTV from 3.49%;
• 75 per cent LTV from 3.69%;
• 80 per cent LTV from 4.79%.
The deals can be used for both purchases and remortgages and have an arrangement fee of £855 and an administration fee of £140.
Lee Gladwell, director of sale & propositions at Platform, said: “This is an excellent deal for intermediaries to recommend to clients with concerns about the impact of potential increases in rates.
”Tracker products have been dominating the market for some time but with more competitive fixed rates now emerging consumers are again facing a real choice between the two.
”It’s certainly an opportunity for intermediaries to show the quality of their expertise by helping their clients to decide what type is best for them.”
