Another lender woos landlords with limited edition mortgages

Aldermore has launched new buy to let limited edition two year products, as well as new product switch rates for landlords with large HMOs (7+) and multi-unit freeholds (5+).

The following rates are available immediately:

Individual & company landlords with single residential investment properties

• 2 year fixed 4.94%, up to 75% LTV with 3% fee

Multi property for individual and company landlords with residential investment properties

• 2 year fixed 4.89%, up to 75% LTV with 3% fee
• 2 year fixed 6.19%, up to 75% LTV with £1,999 fee
  

Product switch rates for existing customers

Large HMO (7+) and multi unit freeholds (5+)

• 2 year fixed 8.29%, up to 80% LTV with no fee
• 5 year fixed 7.99%, up to 80% LTV with no fee

Jon Cooper, director of mortgages at Aldermore, comments:“In an ever-changing mortgage market, brokers are always on the lookout for timely deals that suit their clients’ unique needs. These latest limited edition rates across our BTL range will help landlords, whether they’re a first-time investor or seasoned pro, to find the mortgage that’s right for them.”

This article is taken from Landlord Today