The products include a self-cert two-year fix, which starts at 5.79 per cent at 75 per cent loan-to-value (LTV) and is available to 90 per cent LTV with an arrangement fee of £695. Also available is a three-year buy-to-let fixed rate, which starts at 5.79 per cent at 75 per cent LTV and is available to 90 per cent LTV.
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Non conforming fixes are available on Platform’s almost prime and minor adverse ranges, including right-to-buy. The two-year fix, to 1 July 09, starts at 5.89 per cent at 75 per cent LTV on almost prime scheme and 6.09 per cent on minor adverse.
The three-year fix starts from 5.79 per cent at 75 per cent LTV on almost prime, and 5.99 per cent on minor adverse. Both are available up to 95 per cent LTV.
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Helen Hymos, PMPA’s lender relationship manager, said: “We are pleased to have these very competitive products, and they should prove to be highly attractive to our distribution.”
Steve Brockman, director at A2B Mtg co Ltd, said: “A LTV of 75 per cent and the arrangement fee is in line with what is available, but this doesn’t strike me as anything too exciting.”
