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Platform launches new fixed-rate mortgage
Wed, 17 Feb 2010
A leading mortgage provider has unveiled a new two-year fixed-rate mortgage at 3.44 per cent.

Platform, the intermediary lender of the Co-operative, stated that the new product has been created in order to offer Britons an alternative mortgage solution.

The product features free valuation and legal fees for remortgages, plus an application fee of up to £855.

In addition, the provider has also increased the number of selected intermediary partners that can access the deal, which means that more brokers will be able to recommend the new mortgage product .

Lee Gladwell, Platform's director of business development, insisted that the new fixed-rate mortgage is further proof of the provider's commitment to the mortgage lending sector.

He said: "The response from brokers since we launched as a mainstream mortgage provider has been very encouraging and we believe that we are making excellent progress in our aim of helping intermediaries provide outstanding service to their clients."

Meanwhile, the Co-operative recently decided to cut its rates on mortgage products by up to 0.55 per cent.

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