Platform cuts conforming rates by up to 0.5%

All products apart from the self-cert buy-to-let range, called House Plus, have seen a 0.5% reduction and the lowest rate is to be found on the 2-year and 3-year prime fixed-rate products, which are priced at 6.04%. The House Builder product has seen a rate reduction of 0.4% and is now priced at 6.59%, fixed for three years. Mark Gordon, head of product development at Platform, comments: “We are delighted to be in a position to announce a significant rate reduction of up to 0.50% across our conforming range of products. “Whilst not immune to the current market difficulties, we are able...