Aldermore launches new limited edition buy-to-let rates
The limited editions are priced at 0.20% below the core range.
Aldermore has announced the launch of new limited edition buy-to-let products.
The following rates are available immediately, with the limited editions priced at 0.20% below the core range.
For individuals and companies with single residential investment properties, two-year fixed rates are available from 5.89% at 75% LTV with a £1,999 fee and 6.09% fee-free.
Portfolio landlord equivalents are available at 5.84% with a £1,999 fee and 6.04% fee-free.
In addition, a two-year fixed rate product switch has launched at 6.39% up to 70% LTV with no fee.
In recent weeks, Aldermore unveiled a new five tier cascade lending approach, designed to help brokers find solutions for more customers whose circumstances may not fit traditional high street criteria, such as first-time buyers, self employed applicants, contractors and customers with complex income.
Jon Cooper, director of mortgages at Aldermore, commented: “These latest changes demonstrate our ongoing commitment to supporting brokers and their clients. We're focused on maintaining a competitive proposition, backed by the service and flexibility brokers value. As the market evolves, we'll continue to invest in the areas that help brokers to succeed.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%