Platform launches new B2L range

Platform has launched a new buy-to-let range with rates including a sub-5% four-year fixed rate at 60% LTV.

Other products include a two-year 60% LTV tracker at 3.49% and a two-year 70% LTV fix at 5.19%.

The reprice comes in the wake of the firm’s decision to restrict its underwriting criteria for buy-to-let last week.

Lee Gladwell, business development director at Platform, says: “Platform has a wealth experience and expertise in buy-to-let lending and we are keen to extend our buy to let product proposition exclusively for the intermediary market.

“We believe these products will be a competitive range for brokers to recommend to their clients.”