Mortgage intermediary lender Platform has reduced rates on some of its fixed and tracker deals .
Its two-year fixed rate product now starts at 3.59 per cent, while the two-year tracker mortgage starts at 2.69 per cent.
The company, a part of Co-operative Bank, has also said that it will not increase the rates until the Bank of England base rate rises above one per cent and Lee Gladwell, director of business development at Platform, believe it is good news for intermediaries .
He said: "Platform is striving to develop a dedicated intermediary mortgage business that puts IFAs and consumers at the heart of our product and service proposition, enabling them to deliver a fair and personal service."
A report from moneyfacts.co.uk recently suggested that mortgage brokers are starting to become more competitive again.
It said that dual pricing during the banking crisis had resulted in lenders being able to offer better deals directly, and that, although they still have access to less offers, brokers are returning to a "level playing field".
Platform lowers rates on mortgages
Mortgage Quote Line
0845 108 0505
Platform lowers rates on mortgages
Thu, 04 Feb 2010
Recommended links
Mortgage deals comparison portalQuick mortgage quote form
Mortgage repayment calculator
Maximum borrowing calculator
Compare mortgage rates and offers
Browse tracker mortgage rates
Current fixed rate mortgage deals
Cheap mortgage deals for first time buyers
Best remortgage deals
Equity release mortgages
Buy to let mortgage best buys
Mortgage broker search
Compare mortgage lenders
Mortgage arrears guide
Stop repossession guide
Mortgage debt help
Mortgage arrangement fees
Interest rates and mortgages
Change mortgage lenders
Mortgage payment protection insurance
Building Society launches new fixed rate mortgage
Homeowners favour fixed-rate mortgages over tracker alternatives
Post Office tempts customers with mortgage rate cuts
Skipton mortgage rate hike
Remortgaging boost if interest rates rise, says expert
Woolwich cuts mortgage rates on tracker products
Base rate optimism dents fixed rate mortgage appeal
The Coventry reveals mortgage rate cuts
Further housing regulations could create mortgage rate rises
YBS offers lowest ever fixed rate mortgage deal
Interest rate boost for mortgage holders
Base rate decision meets with approval
Low interest rates help stimulate housing market
Mortgage debt rate of repayment slows
Interest rates tipped to support new year mortgage market
Mortgage approval rate hits two-year November high
Post Office mortgages offer lower rates
Fixed-rate mortgages still unpopular
Homeowners still uninterested in fixed-rate mortgages
Lenders cut rates on high loan to value mortgage loans
Base rate remains at 0.5 per cent
Fixed-rate mortgage rate drops welcomed
Major mortgage lenders cutting rates
Post Office launches new mortgage rates
Semi-exclusive mortgage rates cut
| mortgages news |
|---|
| BoE reveals fall in mortgage approvals - Fri, 30 Jul 2010 |
| Santander cuts fixed mortgage fees - Fri, 30 Jul 2010 |
| Homeowners encouraged to fix their mortgage - Thu, 29 Jul 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage