The products are available over two-, three-, or five-year fixed terms
Platform, the intermediary mortgage brand of The Co-operative Bank, has relaunched its 95% loan-to-value (LTV) products.
Available immediately, they come as two-, three-, or five-year fixed terms, and with a range of product fee options, including no fees and a cashback of at least £250.
The full product details of the 95% LTV mortgage range are:
- Two-year fixed rate at 5.46% at 95% LTV with a £1,499 product fee and £250 cashback available
- Two-year fixed rate at 5.57% at 95% LTV with a £999 product fee and £250 cashback available
- Two-year fixed rate at 5.86% at 95% LTV with a £0 product fee and £250 cashback available
- Three-year fixed rate at 5.41% at 95% LTV with a £1,499 product fee and £250 cashback available
- Three-year fixed rate at 5.52% at 95% LTV with a £999 product fee and £250 cashback available
- Three-year fixed rate at 5.81% at 95% LTV with a £0 product fee and £500 cashback available
- Five-year fixed rate at 4.89% at 95% LTV with a £1,499 product fee and £250 cashback available
- Five-year fixed rate at 4.93% at 95% LTV with a £999 product fee and £250 cashback available
- Five-year fixed rate at 5.05% at 95% LTV with a £0 product fee and £500 cashback available
Platform has also relaunched its wider mainstream and buy-to-let mortgage ranges for both new business and product switching.
Full details of Platform’s mortgage products are available online through its intermediary website.
“We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners,” Darrell Evans (pictured), chief commercial officer at The Co-operative Bank, said. “Saving for a deposit can a big hurdle for first-time buyers when trying to get onto the property ladder, and we hope this new range helps people to realise their goal of owning a home.”
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