Platform has cut its two-year fixed rate up to 60% to just 1.59% and announced a string of rate reductions.
The intermediary mortgage arm of The Co-operative Bank is cutting rates on its residential two, three and five-year fixes by up to 0.40%.
Platform's two-year fix was already its lowest ever rate at 1.64%, and now it has got even cheaper.
The deal, which has a £999 arrangement fee, offers £250 cashback, free standard valuation for remortgagers and purchasers, and free legals for remortgages.
These features are offered on the majority of Platform's products
Head of mortgages Stuart Beattie said: "We started the year with Platform's lowest ever two-year fixed rate, and now we've made our lowest rate even lower.
"This demonstrates our committed to keeping a constant eye on the market to ensure we continue to offer a great choice of competitive products to brokers and their clients."
Other changes include:
Five-year fixed rate for loans up to 80% LTV reduced by 0.40% to 3.19% (previously 3.59%).
Residential three-year fixes now start from 2.09% for loans up to 60% LTV (previously 2.19%).
Residential five-year fixes from 2.49% for loans up to 60% LTV (previously 2.59%).
Platform is also making further cuts to its two-year fixed rates up to 85% LTV.
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