Co-operative Bank’s intermediary lender Platform has reduced rates on its buy-to-let mortgage range by up to 0.10 per cent.
Two year buy-to-let fixed rates at now start from 2.24 per cent at 60 per cent LTV with a £1,999 fee, while three and five-year fixed rates start from 2.79 per cent and 3.34 per cent respectively, also for mortgages at 60 per cent LTV with a £1,999 fee.
Reduced rates are also available on higher LTV bands and mortgage deals, with either £999 or no fee options.
The two-year fixed rate no fee option starts from 2.99 per cent at 60 per cent LTV, the three-year fixed rate £0 fee option starts from 3.74 per cent at 60 per cent LTV and the five-year fee-free option starts from 4.09 per cent at 60 per cent LTV.
Platform also has buy-to-let rates on mortgages up to 65 per cent, 70 per cent and 75 per cent LTV. All rates come with free legals for remortgagers.
A cashback of £250 and £500 is also available on selected rates, while the maximum loan value is £350,000.
As part of the new broker range, mainstream two and five-year fixed rates have seen increases of 0.05 per cent as Platform attempts to re-align these deals with the market.
Mainstream two-year fixed rates now start from 1.39 per cent at 60 per cent LTV with a £1,499 fee and mainstream five-year fixed rates now start from 2.44 per cent, also at 60 per cent LTV with a £1,499 fee.
emma.hughes@ft.com
