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Platform launches new product range

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Platform has introduced a new range of buy-to-let and residential products.

The new buy-to-let range includes one, two and four-year fixed rate products and two and three-year trackers. All of the products come with an arrangement fee of £2,495 or 2.5 per cent of the loan.

They include a 4.99 per cent two-year fixed rate up to 60 per cent loan-to-value and a two-year tracker at base rate plus 3.99 per cent for loans up to 70 per cent LTV.

The range also includes a number of exclusive deals available to Connells, Countrywide, L&G, Mortgage Intelligence, Pink Group, PMS/Sesame.

The lender has also added a number of one, two, and four-year fixed rates to its residential range as well as a number of one, two and three-year tracker products.

Platform business development director Lee Gladwell says: “As well as continuing to support brokers in the mainstream market, we plan to increase our buy-to-let business.  

“This is because brokers have been telling us of the increased interest they’re seeing from cash-rich investors keen to move money from cash savings into property as demand for rental property grows.”

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