Platform, the intermediary arm of Co-op Bank, has announced the relaunch of its mainstream and buy-to-let (BTL) mortgage ranges, effective from today.
The changes to the mainstream new business line involve the reintroduction of 2 and 5-year fixed-rate products, as well as fixed-rate products with 95% loan-to-value (LTV). Meanwhile, 3-year fixed-rate products have seen an increase of up to 0.34%, and the 10-year fixed-rate product with 60% LTV has been increased by 0.03%.
In the Professional Mortgage segment, 2-year fixed-rate products have seen an increase of up to 0.35%, while 5-year fixed-rate products have been increased by 0.22%.
Changes in the BTL category include an increase of up to 0.32% for both 2 and 5-year BTL fixed-rate products, and up to 0.33% for 2-year Premier Fixed Rate products.
The Help to Buy segment will see increases of up to 0.35% for both 2 and 5-year HTB fixed-rate products.
In the Product Switch category, changes for mainstream include an increase of up to 0.31% for both 2 and 5-year fixed rates, and a 0.28% increase for 3-year fixed rates.
For BTL, 2 and 3-year fixed rates have been increased by up to 0.32%, 5-year fixed rates by up to 0.27%, and Premier 2-year fixed rates by up to 0.45%.
Lastly, in the Help to Buy category, 2, 3, and 5-year fixed rates have increased by up to 0.37%.
