Advantage extends P100 range

The P100 range , funded by Platform is one of Advantage’s most popular ranges.

Brokers who access Platform via the Advantage hub get all the usual features but with an added bonus of receiving up to 1.5% proc fee (includes fee premiums) when they send in a dip request via their new system e:valuate.

Highlights to the new changes include

- Innovative new ‘House Plus’ product

- New non-conforming 2 year fixed special products

- 0.10% exclusive rate reduction from Platform’s standard product range

Sarah Jones product manager at Advantage announced:

“ We are excited by the features of this new P100 range, including the innovative new ‘House Plus’ product which allows borrowers to enter the Buy-to-Let market without the need to use rental income. In addition to this the introduction of the new 2 year fixed special rates across the whole of the non-conforming range is sure to be a popular choice with both mortgage brokers and borrowers who are looking for stable payments in the early part of the mortgage term. We are continuing with our £99 valuation fee (refunded on completion) on selected P100 deals and also offering the potential to earn an extra 0.25% proc fee premium when a DIP is requested via e:valuate.”

Jeremy Duncombe head of sales at Platform added:

“These additions to our range complete what has been a very exciting year for Platform. We are delighted to launch House Plus – the self-cert way to Buy-to-Let – which we know will be a very popular product. In addition, our non-conforming fixed rate specials give rates from 5.35% making non-conforming even more affordable. Both are available via e:valuate, which has already proved to be a hit with brokers”