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Loan to Income Multiple Changes from Platform

28 April 2017

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Platform have altered their Loan to Income Multiple to 4.85 x sole or joint income (where LTV is <=80% (including any fees added to loan) and subject to a disposable income of at least £125). 4.49 x sole or joint income will be used when this criteria has not been met. 

Plus they are relaunching their Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching on Tuesday, 2 May. All end dates remain unchanged and new product codes will be issued for all products.

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