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.”

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