Platform increases distribution of BTL product

The 4.79% product is now available via Openwork, PTFS, Legal & General Mortgage Club and PMS up to a maximum 70% LTV.

The product continues to be available from Platform, The Co-operative Bank’s dedicated intermediary mortgage lender, through the L&G network, Connells and Countrywide.

Free valuation and free standard legal fees are available on the product for remortgages with a 1.5% arrangement fee and each has a non-refundable administration fee of £140.

Lee Gladwell, business development manager at Platform, said: “The extension of the product’s distribution clearly demonstrates Platform’s commitment to both the buy-to-let market and intermediary partners.

“Brokers want to be able to offer their customers the best range of products and we hope that the extension of the distribution of our two year fixed rate buy-to-let mortgage will help them to do this.”