Aldermore launches new limited edition BTL products

The lender has also announced the launch of new product switch rates for landlords with large HMOs and multi-unit freeholds.

Related topics:  Finance,  Landlords,  BTL
Property | Reporter
27th November 2024
To Let 733

Aldermore has announced that it has made changes to its buy-to-let offering with new limited-edition products.

Limited edition 2-year fixed rates for new customers

For individual & company landlords with single residential investment properties, a new 2-year fix is available at 4.94%, up to 75% LTV with a 3% fee

Multi-property for individual and company landlords with residential investment properties

2-year fixed 4.89%, up to 75% LTV with 3% fee
2-year fixed 6.19%, up to 75% LTV with £1,999 fee

In addition to the new products, Aldermore has also announced changes to product switch rates for existing customers. These include:

Large HMO (7+) and multi-unit freeholds (5+)

2-year fixed 8.29%, up to 80% LTV with no fee
5-year fixed 7.99%, up to 80% LTV with no fee

Jon Cooper, director of mortgages at Aldermore, comments: “In an ever-changing mortgage market, brokers are always on the lookout for timely deals that suit their client’s unique needs. These latest limited edition rates across our BTL range will help landlords, whether they’re a first-time investor or seasoned pro, to find the mortgage that’s right for them.”

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