Platform reduces rates

Updated products are found within the lender’s conforming Prime, Self-Cert, Buy to Let and House Plus (Self Cert Buy to Let). All changes are effective immediately.

Examples of the new rates include:

Prime

Two or three year tracker at 6.64 per cent and 75 per cent LTV
Two or three year fixed at 6.04 per cent and 75 per cent LTV

Self Cert

Two or three year tracker at 6.69 per cent and 75 per cent LTV
Two or three year fixed at 6.09 per cent and 75 per cent LTV

Buy to Let

Three year tracker at 6.69 per cent and 75 per cent LTV
Three year fixed at 6.09 per cent and 75 per cent LTV

House Plus

Three year fixed rate at 6.59 per cent and 85 per cent LTV

Mark Gordon, head of product development at Platform, said: “We are delighted to be in a position to announce a significant rate reduction of up to 0.50 per cent across our conforming range of products.

“Whilst not immune to the current market difficulties, we are able to capitalise on our ten years of operational experience within the specialist sector and the unequivocal backing of our parent Britannia to adjust our offering to better suit the needs of our customers.”