Limited edition BTL products launched at Aldermore

Aldermore Bank has announced that it has expanded its specialist buy to let offering with the launch of two new limited edition 5 year fixed buy to let products to support individual and company landlords. The products come with the added benefit of zero fees, to help landlords manage and grow their portfolios.

Related topics:  Finance
Property Reporter
11th November 2021
To Let 556

According to the lender, the new products come with zero product fee for purchase and remortgage, with assisted legal fees, free valuations and no funds transfer fees on remortgages:

For individual and company landlords submitting two or more properties on a single application, there is a 5 year fixed initial rate of 2.98%. For those submitting single residential investment properties, a 5 year fixed initial rate of 3.18% is offered.

Aldermore has also introduced assisted legal fees for all landlords looking to remortgage their Houses in Multiple Occupation (HMO) and multi-unit freehold properties.

Jon Cooper, head of mortgage distribution, Aldermore comments: “We want to support the many landlords reviewing how they want to manage and grow their portfolios in the future. Our latest product offering provides landlords with competitive rates, assistance on fees, and gives them long term stability so managing their portfolios is easier.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.