Platform seeks 33% BTL boost

Platform wants to increase its lending in the buy-to-let market by a third in 2012.

The Co-operative Bank’s dedicated intermediary mortgage provider has ring-fenced £600 million to provide funding to the sector in 2012, as it seeks to be a leading lender in the sector.

Platform has increased its lending in buy-to-let from the start of 2011 to £450 million.

Lee Gladwell, Business Development Director at Platform said: “Our commitment to lend a minimum of £600 million in buy-to-let loans in 2012 reaffirms our commitment to the sector.