Platform re-prices mainstream mortgage range for 2013

A number of products will come with £250 cashback and rates have been cut across a range of loan to values with fee-free options.

At 75% LTV Platform will be offering a 2.85% 2-year fixed rate with £250 cashback and a £950 arrangement fee for remortgages and purchases.

James Hillon, head of mortgages at the Co-operative Bank, said: “We hope that the new residential mortgage range will help homeowners and those looking to make their first steps onto the housing ladder in 2013.”

Hillon added: “This is a further commitment from Platform to the intermediary sector and mainstream mortgage market in 2013, where we will continue to develop a range of products that enable brokers to meet the needs of their customers.”

All remortgages benefit from free valuation and free standard legal fees while house purchases come with a free valuation.