Platform House Plus launched

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Platform House Plus launched

The Platform House Plus product has been launched, which gives borrowers access to a self-cert mortgage for buy to let property.

The Platform House Plus mortgage comes with a rate starting from 5.79 per cent and up to 85 per cent loan to value (LTV) is available.

Customers can choose from two and three year fixed rate deals, or a lifetime tracker.

Paul Hunt, head of marketing at Platform, said: "We feel that House Plus yet again demonstrates Platform's commitment to delivering highly competitive specialist mortgage products to the intermediary market."

As it is a self-cert product, it means that the borrower's ability to repay the loan is assessed using income rather than rental income.

Therefore, customers must just provide proof that they earn a sufficient amount to cover both the buy to let and residential mortgage payments.

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