Platform is bringing back 90 per cent loan-to-value mortgages on Friday.

The lender emailed brokers today to tell them it will be offering home purchase and remortgage deals for borrowers with a 10 per cent deposit, although it has yet to reveal what rates it will be offering.

The news comes after a number of lenders have relaunched 90 per cent products and then withdrawn them due to being swamped with demand.

Last week Nationwide Building Society cut LTVs from 95 to 85 per cent for all but existing borrowers. 

Under its new criteria, Nationwide will only lend up to 95 per cent LTV to existing borrowers who are looking for a product transfer with no increase to LTV.

Applications from existing customers who are moving home and require an LTV over 85 per cent will be considered if they are also on a like-for-like basis with no additional borrowing.

Accord relaunched 90 per cent deals for first-time buyers last week after previously launching and then withdrawing them.

Coventry Building Society brought back 90 per cent deals from Friday to Monday only over the weekend of June 12-15.

The previous week Furness Building Society launched 90 per cent products for a limited time only and withdrew them after only a few days.

Virgin Money and Clydesdale Bank also withdrew from the 90 per cent market earlier this month leaving HSBC as the only lender that has remained consistently active in that LTV tier.