Platform to withdraw from self-cert market

David Tweedy, managing director at Platform, says the paper has shown that offering self certification mortgages in its current format was unfeasible. He adds: "We understand the FSA's concerns around income verification and fully support its aims to improve transparency in the industry. "However, we continue to believe that the industry must recognise that self employed people can have different circumstances and may not always be able to provide the normal proof of income documentation required." The lender has pledged to develop a new mortgage product for self-employed people th...