Platform reduces rates on broker exclusives

In its latest move to build a dedicated mortgage business for IFAs, Platform has reduced rates on several fixed and tracker deals in its range. These are:

2 Year fixed rates from 3.79 per cent

3 Year fixed rates from 4.69 per cent

5 year fixed rate from 5.69 per cent

2 Year tracker products from 3.09 per cent

All the revised rate mortgages come with free valuation and free legal fees for remortgages and are available to Platform's panel of intermediary partners with an application fee of £995.

Lee Gladwell, Director of Sale & Propositions at Platform, said: "This reduction in rates across our mainstream range is good news for intermediaries"

"Platform is striving to develop a dedicated intermediary mortgage business that puts IFAs at the heart of our product and service proposition, enabling them to deliver an enhanced service to their clients.

Following the merger between Britannia Building Society and The Co-operative Financial Services in August 2009, Platform is now the intermediary lender of The Co-operative Bank.