The specialist lender has actively sought to increase its presence in the buy-to-let sector over the last 12 months, with lending of £450m in 2011.
Platform said the buy-to-let products it developed last year, including cashback mortgages and a range with no early redemption fees, now account for a “significant proportion” of its new lending and it will launch further products this year.
Lee Gladwell, business development director at Platform (pictured), 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.”
He added: “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.”
