Platform has extended its Options and Cashback ranges with the launch of two new exclusive broker tracker products.
The Co-operative Bank’s intermediary mortgage lender has launched a one-year buy-to-let Options tracker product which is available exclusively through Sesame with rates starting at 3.79%. The Options range has been designed specifically for those borrowers who want flexibility and who may want to make overpayments on their mortgage.
Also launched is a two-year buy-to-let Cashback tracker product which is available through Legal and General Appointed Representatives, with rates starting at 3.49%.
The Cashback product is available to all, although it is aimed at helping first time landlords with the initial costs in ensuring their property is rentable.
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: “Broker feedback has been integral in the development of the new products. New entrants to the market will benefit from Cashback payments as they embark on establishing their rental portfolio