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Monday, November 08, 2010

Platform announces new rates

Platform have announced there new range of buy-to-let mortgages including a market leading 2 year tracker rate which starts at 3.49% for a 60% LTV loan, rising to 3.89% where a 70% advance is needed.

The minimum advance for both buy-to-let mortgages is £75,000 and the fee comes in at 3%.

NEW FIXED RATE MORTGAGES for second time buyers & remortgage: 4.59% to 31.1.13, max 60%, fee £1995; 5.09% to 31.1.13, max 65%, fee £1995; 5.19% to 31.1.13, max 70%, fee £1995; 4.99% to 31.1.15, max 60%, min advance £75K, fee 2% of advance; 5.39% to 31.1.15, max 65%, min advance £75K, fee 2%; 5.49% to 31.1.15, max 70%, min advance £75K, fee 2%.

NEW VARIABLE TRACKER RATE MORTGAGES for second time buyers & remortgage: 3.49% for 2 years, max 60%, min advance £75K. fee 3%; 3.69% for 2 years, max 65%, min advance £75K. fee 3%; 3.89% for 2 years, max 70%, min advance £75K. fee 3%. W.e.f. 8.11.10.

MORTGAGE SEARCH - whole market

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