Platform has relaunched its mainstream and buy-to-let home loan ranges for new business and switching products, with rates up to 52 basis points higher.  

The relaunch comes after the business pulled a range of selected products in two tranches — earlier this week and last month.  

This follows the Bank of England hiking the base rate by 50 basis points to 5% last month, its 13th rate rise in a row since December 2021, taking it to the highest level in 15 years.   

The lender, which is part of the Co-operative Bank, says its new offers cover:  

New Business  

Mainstream  

* Reintroduction of all products  

* Tracker rates increased by 50bps  

Professional Mortgage  

• Reintroduction of all products  

 BTL  

* Reintroduction of selected products  

* Tracker rates are 50bps higher  

Help to Buy  

• Reintroduction of all products 

Product Switch  

Mainstream  

* Tracker rates up by 50bps  

* Reintroduction of two-, three- and five-year 60% loan-to-value fixed-rate products  

* Two-, three- and five-year fixed-rate offers lifted by up to 48bps  

BTL  

* Tracker rates up by 50bps  

* Selected two- and three-year-fixed-rates loans withdrawn  

* Remaining two- and three-year-fixed-rate products lifted by up to 52bps  

* Five-year fixed rate products increased by up to 45bps  

Help to Buy  

• Two-, three- and five-year fixed-rate products lifted by up to 36bps  

End dates for all products have been extended until the end of December.  

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