New buy-to-let mortgage deals at Platform
The Co-operative Bank’s intermediary mortgage lender, Platform, has launched a new one-year, buy-to-let Options tracker mortgage starting from 3.79%. The Options range is designed specifically for borrowers who may want to make overpayments on their mortgages.
Platform has also launched a two-year, buy-to-let Cashback tracker starting from 3.49%. This deal is available to all customers but was specifically introduced with first-time landlords in mind.
Each product comes with a free valuation and standard legal fees for remortgages. There is also a non-refundable administration fee of £89.
Lee Gladwell, business development director at Platform, said: “New entrants to the market will benefit from Cashback payments as they embark on establishing their rental portfolio, whilst landlords who may have months were they can overpay their mortgage may consider the Options products.
“The new Cashback product continues to broaden our buy-to-let proposition further in a way brokers have told us they need, and gives intermediaries even more choice to offer their clients.”
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