Aldermore reduces buy-to-let product switch rates
The lender has reduced rates on its special edition buy-to-let products.
Aldermore has announced rate reductions across its special edition buy-to-let range for product switches, with improved pricing for both individual residential property landlords and company landlords.
For both individual and portfolio landlords, a two-year fixed rate at 70% LTV has reduced by 0.35% to 6.44% with no fees.
The latest rate reductions follow the launch of two new five-year fixed rate limited edition buy-to-let products last month.
Jon Cooper, director of mortgages at Aldermore, commented: "We're committed to delivering real value for brokers and their landlord clients, whether they're buying their first investment property or reviewing their existing borrowing.
"We know brokers need a wide range of options to help their clients achieve their goals, and these rate cuts give brokers access to more competitive solutions in today's market."
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