Platform Home Loans has improved its right to buy express completion service,
increasing its maximum loan value to £150,000 from £80,000. It is also removing the maximum loan to purchase price percentage of 140% so lenders can now lend up to 85% of the open market value.
The service has also been extended to residents in Scotland and Northern Ireland, giving greater access to non-conforming products across the country.
Platform Home Loans sales and marketing director Guy Batchelor says: “The main benefit of these changes will be that mortgage intermediaries will now be able to offer their clients a product with greater flexibility plus, it will enable our intermediaries in Scotland & Northern Ireland to use Platform on a more regular basis.”