Aldermore unveils buy-to-let range



Aldermore has launched a selection of buy-to-let mortgages, with rates starting at 5.98%.

The 5.98% rate is for a 2-year discount with a £1,999 fee to 75% LTV for both individuals and limited companies.

For those wanting a fixed rate, there is a 2-year fix at 6.99% to a 5-year fix at 7.29%, both to 75% LTV with a 1.50% fee.

For landlords investing in HMOs and multi-unit freeholds there is a 2-year discount at 6.48% to 75% LTV with a £1,999 fee. Fixed rate wise there is a 2-year product at 7.29% and a 5-year product at 7.44%, both with a 1.50% fee to 75% LTV.

For multi property individuals and company landlords with single residential investment properties there is a 2-year fix at 6.89% to 75% LTV, a 5-year fix at 7.19% to 75% LTV, both with a 1.50% fee, as well as a 5-year fix fee-free option at 7.49%.

Jon Cooper, head of mortgages at Aldermore, said: “We’re delighted to introduce improvements to our mortgage range, providing new pricing to support prospective and existing homeowners and landlords.

“Right now, people need a different type of bank, one that gets finance where it’s needed. Our latest changes will deliver more options to borrowers looking to find the right deal for them.”

Browse these next

Leave a Reply