Co-op's Platform relaunches mainstream and buy-to-let ranges

Residential and buy-to-let products have increased by up to 0.52%.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
7th July 2023
Co-op Co-operative co op cooperative

Platform, the intermediary mortgage brand of The Co-operative Bank, has relaunched its mainstream and buy-to-let mortgage ranges for both new business and product switching.

The lender had temporarily withdrawn a selection of rates earlier this week.

Platform has reintroduced all mainstream new business products, with tracker rates increasing by 0.50% following the recent Bank of England rate rise.

In addition, all professional mortgages and Help to Buy products have relaunched.

In its buy-to-let range, Platform has reintroduced selected products, with tracker rates increasing by 0.50%.

In its product switch range, Platform has relaunched residential two, three and five-year products at 60% LTV, with fixed rates increasing by up to 0.48% across the range.

For buy-to-let product switches, selected two and three-year fixed rate products have been withdrawn, with the remaining products increasing by up to 0.52% and five-year fixes rising by up to 0.45%.

Help to Buy product switch rates have increased by up to 0.36% across two, three and five-year fixed rate terms.

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