Aldermore boosts its Buy-to-Let mortgage

- 2yr fixed rate (Limited edition) Buy to Let rate of 4.18% LTV 75%

- 2yr fixed rate (Limited edition) Residential 3.98% LTV 75%

- 2yr fixed rate (Limited edition) Residential 4.48% LTV 80%

Leading with a highly attractive Buy-to-Let rate of 4.18% up to 75% LTV and a completion fee of £1,999, coupled with last week’s improvements (products available to first time landlords and extending the lending age from 75 to 85 years) this is a clear demonstration of Aldermore’s commitment in the Buy to Let market.

In addition, the Bank is offering a two year fixed rate residential mortgage at a rate of 3.98% with an LTV of 75%, as well as 4.48% with an LTV of 80% on a two year fixed rate residential mortgage, both on a limited offer with a completion fee of £999 on each product.

Charles Haresnape, Managing Director of Residential Mortgages at Aldermore, said: 

“With Buy-to-Let mortgages, it’s all about giving landlords real options and combined with our new flexible lending criteria which we announced last week, this competitive rate consolidates the enhancements into a complete Buy-to-Let proposition.”

David Whittaker, Managing Director of Mortgages for Business, said: 

“Aldermore has demonstrated yet again that it’s a serious player in the Buy-to-Let market.  By filling the gaps in its lending criteria, Aldermore now has a highly competitive product line-up that should be part of any broker’s armoury.  I have no doubt these changes and this highly competitive rate will be warmly received.”