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Platform launches its B2L self-cert product

Platform has launched House Plus, a buy-to-let mortgage product which uses self-certified income rather than rental income to assess a borrower’s ability to repay.

The product enables borrowers to enter into the buy-to-let market without the need to prove their rental income, unlike standard buy-to-let products. The borrower is only required to certify that their income will be sufficient to cover both the residential and buy-to-let mortgage payments.

House Plus is available in two and three-year fixed rates options as well as a lifetime tracker product. It is available up to 85% LTV with rates starting as low as 5.79%.

Paul Hunt, head of marketing at Platform, says: “We found a buy-to-let product using self-certified income rather than rental cover would be popular with brokers so we have brought House Plus to the market to meet this demand.

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