Platform Expands Buy to Let Mortgage Range

UK lender expands its range of buy to let mortgages with new deals for landlords looking to buy prime properties.

Yesterday, on Tuesday, January 24th The Platform, intermediary mortgage lender for Co-operative Bank, announced the launch of new mortgage products for buy to let investors.

The new range of products - the Premier Buy to Let - gives landlords a chance to borrow up to 500,000 pounds in case they want to expand their portfolio with prime properties.

The mortgages are available on both, fixed-rate and tracker interest basis. The maximum loan to value ratio on the Premier Buy to Let mortgages is 65%, the maximum loan period is 2 years.

Commenting on the launch of new mortgages, Nick Allen of Platform, said: "The introduction of the new Premier Buy to Let products will further improve our buy-to-let range and enable brokers to offer a wider suite of products to their clients."

You can learn more about the buy to let mortgages offered by Platform on the bank's official website.