Platform part of The Co-operative Bank re-launches 95% LTV mortgages

• Platform is pleased to announce that 95% LTV mortgages will be available from today

Platform, the intermediary mortgage brand of The Co-operative Bank, is announcing the re-launch of 95% LTV mortgage products which will be on sale from today. The 95% LTV mortgages will be available over a 2, 3 or 5 year fixed term and with a range of product fee options including £0 product fees, and all 95% LTV products benefit from at least £250 cashback.

The full product details of the 95% LTV mortgage range are:

• 2 year fixed rate at 5.46% at 95% LTV with a £1,499 product fee and £250 cashback available
• 2 year fixed rate at 5.57% at 95% LTV with a £999 product fee and £250 cashback available
• 2 year fixed rate at 5.86% at 95% LTV with a £0 product fee and £250 cashback available
• 3 year fixed rate at 5.41% at 95% LTV with a £1,499 product fee and £250 cashback available
• 3 year fixed rate at 5.52% at 95% LTV with a £999 product fee and £250 cashback available
• 3 year fixed rate at 5.81% at 95% LTV with a £0 product fee and £500 cashback available
• 5 year fixed rate at 4.89% at 95% LTV with a £1,499 product fee and £250 cashback available
• 5 year fixed rate at 4.93% at 95% LTV with a £999 product fee and £250 cashback available
• 5 year fixed rate at 5.05% at 95% LTV with a £0 product fee and £500 cashback available

As well as re-launching 95% LTV options into its mortgage range, Platform is also re-launching its wider Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. For more details on the new products that will be in place from today please visit: www.platform.co.uk

Commenting on the re-launch of the 95% LTV mortgage products announced by Platform today, Darrell Evans, Chief Commercial Officer at The Co-operative Bank, said:

“We are really pleased to be re-launching our 95% LTV mortgage range to the market in support of aspiring homeowners. Saving for a deposit can a big hurdle for first time buyers when trying to get onto the property ladder and we hope this new range helps people to realise their goal of owning a home.”