New fixed rates from Pink

Rates of 4.99 per cent up to 75 per cent loan to value, 5.49 per cent up to 85 per cent loan to value and 5.99 per cent up to 95 per cent loan to value are available across selected areas of the Platform Home Loans product range.

Commenting on the move, David Copland, sales and marketing director, said: “Pink Home Loans is adding to its comprehensive range of sub-prime mortgage products with the addition of these new fixed rates with Platform Home Loans.”

The broker commission payable is 1% with a minimum of £500 and a maximum of £5,000 and the redemption penalty is 6% for 3 years.