Platform extends two year fixed rate mortgage terms.
Two year fixed rate mortgage end dates have been extended by Platform who are the Co-op's intermediary mortgage provider.
The new changes introduced apply to various products in the lender's range. An amendment has been made to its buy to let, residential and let to buy fixed rate mortgage terms, stating that the deals are due to end on 31 July 2014.
The affected mortgage products include a deal for residential home purchase which is priced at a rate of 4.49pc and is offered for up to 80pc LTV, and a 85pc LTV deal at a rate of 4.89pc. On these products no administration or arrangement fees will be charged on mortgage deals for property purchased through Countrywide or Connells, although through another estate agent fees of £89 will apply.
For the lender's buy to let mortgage range, their 60pc LTV deals for a 2 year fix start from a rate of 3.69pc which has a 2.5pc arrangement fee. A rate of 4.99pc is also available with no mortgage arrangement fee. Various other 2 year fixed rate buy to let mortgage deals are also on offer for between 65 and 75pc LTV, mortgage rates offered range from between 4.09 and 5.89pc.
Let to buy deals are also being offered by the lender which are also fixed until July 2014 at a rate of 5.09pc for 60pc LTV, 5.49pc for 65pc LTV, 5.89pc for 70pc LTV and 5.99pc for 75pc LTV.
Platform also offer let to buy and buy to let fixed rate mortgage options at a lower rate but these deals come with a higher arrangement fee of £2,495.
For comparison of the most competitive fixed rate mortgages currently available in the UK contact Deal Direct.
