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."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
