Specialist lender Aldermore has unveiled a new range of limited edition buy-to-let (BTL) products for landlords, featuring both new options and reduced rates across its portfolio.
The updated products are available immediately and apply to both individual landlords and limited company borrowers.
For individuals and companies with single residential investment properties:
NEW: 5-year fixed rate, 4.92% at 75% LTV, 1.5% fee
NEW: 5-year fixed rate, 5.14% at 75% LTV, £1,999 fee
2-year fixed rate, zero fee, reduced by 0.15% to 5.64% at 75% LTV
2-year fixed rate, 5% fee, reduced by 0.15% to 3.14% at 75% LTV
For individual and company landlords with residential investment portfolios:
NEW: 5-year fixed rate, 4.87% at 75% LTV, 1.5% fee
NEW: 5-year fixed rate, 5.09% at 75% LTV, £1,999 fee
2-year fixed rate, zero fee, reduced by 0.15% to 5.59% at 75% LTV
2-year fixed rate, 5% fee, reduced by 0.15% to 3.09% at 75% LTV
For Houses in Multiple Occupation (HMOs):
NEW: 2-year fixed rate, 5.99% at 75% LTV, zero fee
NEW: 2-year fixed rate, 3.49% at 75% LTV, 5% fee
NEW: 5-year fixed rate, 5.64% at 75% LTV, zero fee
NEW: 5-year fixed rate, 5.54% at 75% LTV, £1,999 fee
Jon Cooper, director of mortgages at Aldermore, commented:
“Our recent research shows that landlords across the country are seeing stronger profits and yields than in recent years. However, challenges remain, and the outlook is still uncertain for some.”
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