Platform launches new 2-year fixed-rate mortgage

Date:Wednesday 17th February 2010
Author: Max Freedman

Platform has announced it is to release a new two-year fixed-rate mortgage, with rates beginning from 3.44 per cent.

Consumers interested in this headline rate can access it with a loan-to-value (LTV) of up to 70 per cent and a fee of £885.

The deal is available in a LTV in steps of five per cent, up to an 85 per cent product with a rate of 5.64 per cent and no application fee.

All of the LTVs on offer come with free valuations and legal fees for householders who are looking to remortgage their properties.

Lee Gladwell, director of business development at Platform, said: "This extremely competitive fixed-rate mortgage is great news for brokers and provides another example of our commitment to supporting the sector."

Rates were also recently reduced across Platform's mainstream products, with a two-year tracker mortgage now available with a rate of 2.69 per cent.