The Co-operative Bank’s dedicated intermediary mortgage provider grew its buy-to-let presence to £450m last year after brokers called for more support for the sector.
The lender has also launched a product range with no early redemption fees and cashback designed to help new landlords with initial costs.
Lee Gladwell, business development director at Platform, said: “Our commitment to lend a minimum of £600m in buy-to-let loans in 2012 reaffirms our commitment to the sector.
“Platform has many years’ experience in buy-to-let and we aim to be a preferred lender for this sector in future by continuing to provide a wide and innovative product range and great service support.
“Uncertainty around the economy, employment and house prices is continuing to fuel demand for the rental market and creating opportunities for landlords and brokers.
“We recognised the growing demand for buy-to-let during 2010 and we have supported intermediaries with a growing suite of products over the past year.”
