Platform cuts fixed rates

Platform, the intermediary lender of Britannia Building Society, has cut its fixed rates on loans by up to 0.26 per cent.

The rate cuts affect Platform’s self-certification loans, buy-let and non-conforming products.

The lender has also announced the launch of two new self-certification loans with a fixed rate of 4.95 per cent, with no penalties for early loan repayment.

The rate cuts and product launch is a result of the success of Platform’s previous loan range with the ‘clickdecision’ online decision facility.

Guy Batchelor, Platform sales and marketing director, said: “Our challenge is to maintain our position as one of the top specialist lenders and this new range of fixed rates will ensure we do so in the buy-let, self-certification and non-conforming markets.”

Platform last week launched electronic ID verification on ‘clickdecision’ which has enhanced the online loan decision facility.

© Adfero Ltd

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