Aldermore launches limited edtion rate cuts on BTL products

Aldermore has announced that it has launched a limited edition run of reduced fixed rates across its buy-to-let and owner-occupied mortgages, following earlier rate reductions in mid-January.

Related topics:  Finance,  Landlords,  Investment
Property | Reporter
1st February 2023
To Let 690

According to the lender, the new limited edition rate reductions are up to 0.75% for landlords and up to 0.97% for owner-occupiers.

Available immediately, the new reductions for individual landlords and company landlords with single residential investment properties are:

Up to 75% LTV, 5-year fixed 5.54% (with 1.50% fee)

And for multi-property individuals and company landlords with single residential investment properties, up to 75% LTV, 5-year fixed 5.44% (with 1.50% fee)

The residential owner-occupied mortgage range (with zero fees) has also seen reductions:

Up to 75% LTV, 2-year fixed 5.49%
Up to 75% LTV, 5-year fixed 5.49%

Jon Cooper, head of mortgages at Aldermore, comments: “We want to help people to go for it in life and business, so we’re delighted to announce improvements to our mortgage range for both landlords and owner-occupiers.

“Our deep expertise and experience mean we’re committed to understanding and supporting customers better. We treat people as individuals and our ultimate aim is to give more people the chance to get the finance they need.”

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