Aldermore has launched two new limited edition five-year fixed rate remortgage deals aimed at buy-to-let landlords as the specialist lender looks to expand by targeting the private rental sector.
One deal is a five-year fix at 3.48% available at 75% loan-to-value (LTV), while the other product is a fixed rate deal at 4.38% for landlords with a 20% deposit - both products are available with no fees.
Charles McDowell of Aldermore commented: “Many suggest there will be an increase in Base Rate expected in the near future. Our limited edition five-year fixed offering is providing those in the buy-to-let market a chance to fix their mortgage payments and take advantage of current low interest rates.
“Buy-to-let continues to play a vital role in the housing market, as the number of renters in the UK grows.
“At Aldermore we regularly review our products to ensure we support our customers, and we are delighted to offer landlords remortgage products from 3.48% with no fees.”