Platform Remortgage Rates 2026

Platform's 2026 remortgage rate card in full

Platform publishes four LTV bands — 60%, 75%, 80%, 85% and 90% — with fee-paid (£999) and fee-free alternatives at each. At 60% LTV the 2-year fixed is 4.19% (£999) or 4.44% (fee-free); the 5-year fixed is 4.09% or 4.34%. At 75% LTV, 2-year fixes are 4.29%/4.54% and 5-year fixes are 4.19%/4.44%. At 80% LTV — a tier Platform prices separately from 85%, useful for borrowers just over the 75% threshold — 2-year fixes are 4.39%/4.64% and 5-year fixes are 4.29%/4.54%. At 85% LTV the rates are 4.44%/4.69% (2-year) and 4.39%/4.64% (5-year). At 90% LTV — Platform's top standard tier — 2-year fixes are 4.84% and 5-year fixes are 4.74% with the £999 fee. Trackers are Base +0.85% (5.10% today) with no ERC. The Green remortgage discount of 0.05% applies to properties with EPC A or B ratings, bringing the sub-60% 5-year fix down to 4.04% — a strong headline number that tracks the top of the market. Platform's broker-only channel means this pricing isn't easily found on direct comparison sites, which is why these deals often fly under most borrowers' radars.

Ethical lending and what it means in practice

The Co-operative Bank — and therefore Platform — operates under the UK's longest-standing ethical lending policy. This has two practical effects on Platform's mortgage lending. First, Platform won't lend to borrowers or secure against properties where the end use is ethically excluded. In mortgage terms this rarely bites — most residential remortgage cases have no ethical flag — but the policy does exclude borrowers whose primary income source is armaments manufacturing, fossil fuel extraction, or certain gambling operations. For standard PAYE workers, self-employed borrowers and business owners in mainstream sectors, the ethical policy is invisible. Second, Platform doesn't lend on buy-to-let for HMOs in certain configurations, and avoids mortgages on properties in certain environmentally-sensitive areas. For standard residential remortgages this is immaterial; for BTL borrowers it's worth checking criteria in detail. The ethical policy does not raise rates — Platform is competitive on standard cases. It simply means Platform has a coherent underwriting stance and won't surprise you mid-application with a bolt-from-the-blue decline for unusual reasons. For borrowers who care about where their mortgage provider sits on ethics, Platform is the only mainstream choice alongside Ecology Building Society (a tiny, specialist mutual).

Criteria: mainstream with a couple of quirks

Platform's remortgage criteria are mainstream and sensible. Income multiples are 4.49x for most applicants, 4.75x for joint applicants earning £50,000+. Self-employed cases need 2 years of SA302s. Limited company directors are assessed on salary + dividends in most cases; retained profits are considered on a case-by-case basis with underwriter approval (not automatic like Metro Bank). Day-rate contractors are assessed on day rate x 5 x 46 weeks — standard formula. Platform accepts zero-hours workers with 12 months of history and bonus/commission at 50–100% depending on consistency. Credit is mainstream-strict: defaults over 3 years old and satisfied are OK; CCJs above £300 within 3 years are typically declines; missed mortgage payments in the last 12 months are declines. Property criteria are standard — houses up to 200 years old, flats up to 10 storeys (18 in London, exceptions up to 20), no ex-council above 7 storeys, no thatched, Grade II listed acceptable, no non-standard construction. Platform is stricter than Leeds BS or Principality on unusual property types, so specialist cases usually go elsewhere.

Fees and true-cost analysis

Platform's arrangement fee is £999. There's a £35 CHAPS fee, no exit fee, and Platform offers free standard valuation via AVM on most residential remortgages up to £1 million at 80% LTV. Free standard legal work is included on most products via Platform's conveyancing panel (typically LMS or Enact). Overpayment allowance is 10% per calendar year. Early repayment charges on 5-year fixes follow standard 5/4/3/2/1 pattern. Porting is allowed. On a £200,000 remortgage at 60% LTV over 5 years, Platform's 4.09% rate with £999 fee and free legals/valuation is approximately £52,400 total cost — £100 more than Halifax (4.04%, £999 fee) and essentially tied with HSBC and Nationwide. With the Green discount at 4.04%, Platform drops to £52,100 total cost and is genuinely market-leading. For a vanilla sub-60% LTV 5-year fix, Platform with the green discount is one of the single best value propositions on the UK high street in April 2026.

Is Platform right for your 2026 remortgage?

Platform is the right remortgage lender if: you have an EPC A or B rated property (the green discount makes it genuinely top-3 in the market), you want an ethical mortgage provider aligned with Co-operative principles, you're applying through a broker and want a strong mainstream rate card, or you're a standard PAYE employee with a clean credit file at 60–80% LTV. Platform is not the right lender if: you can't access it through a broker (Platform doesn't have a direct-to-consumer channel), your case involves complex income or non-standard property (specialist mutuals like Skipton, Leeds BS or Nottingham are more flexible), or you work in a sector excluded by the Co-op's ethical policy. For April 2026, the verdict: Platform is the hidden gem of the mainstream rate card. Most consumers have never heard of it, but brokers know it's consistently near the top of the best-buy tables. If your case fits its mainstream criteria and you have a broker involved, Platform should always be on the shortlist.