Aldermore is introducing a new line of limited edition buy-to-let mortgage products, starting 22nd October.
- The product range includes fixed-rate options for both individual and company landlords.
- 5-year and 2-year fixed-rate mortgages are available, each with distinct fee structures.
- Multi-property products are also offered, catering to landlords with multiple investments.
- Additional support includes free valuations and assisted legal services to ease the mortgage process.
Aldermore is set to introduce a new range of limited edition buy-to-let mortgage products, available from 22nd October. These products are tailored to the needs of both individual and company landlords, featuring a variety of options to suit different investment strategies.
The offerings include 5-year and 2-year fixed-rate mortgages. The 5-year fixed rate options start at 5.69% with a 75% loan-to-value (LTV) ratio and zero fees, extending to a more competitive rate of 4.69% coupled with a 5.00% fee. The 2-year fixed rates begin at 4.84% for the same LTV, accompanied by a 3.00% fee.
For landlords managing multiple residential investment properties, Aldermore’s new range includes multi-property products. These offerings provide a 5-year fixed rate at 5.64% with no fees for a 75% LTV, and a lower rate of 4.64% with a 5.00% fee. Similarly, the 2-year fixed option is available at 4.79% with a 3.00% fee for the same LTV.
To further assist landlords, Aldermore is providing free valuations on purchases, remortgages, and incorporation cases. Additionally, the process is made smoother through assisted legal services for remortgages. This comprehensive support package is designed to facilitate a seamless experience for landlords in the current buy-to-let market.
These new product offerings by Aldermore represent a strategic expansion aimed at accommodating a diverse range of landlord needs in the buy-to-let market.
