Aldermore has launched new five year limited editions for landlords, with a 5% fee for single applications and multi property products.
The following are available immediately:
Individual and company landlords with single residential properties
- Launch of limited edition 5 year fixed at 4.34%, up to 75% LTV with 5% fee
Multi property product for individual and company landlords with residential investment property portfolios
- Launch of limited edition 5 year fixed at 4.29%, up to 75% LTV with 5% fee
Other changes introduced by Aldermore in recent months include an overhaul of its HMO proposition, free valuations on single HMOs up to six beds, lower interest cover ratio thresholds, a tailored case management service to guide applications from start to finish, as well as what it calls “greater flexibility throughout the lender’s conveyancing process.”
Jon Cooper, director of mortgages at Aldermore, comments: “We continue to passionately back our brokers and their clients. This sits at the very heart of our lending business and good landlords are a major part of that client base. We’re always looking for ways to offer them better value and make clever criteria tweaks where we can, so they can manage their portfolios effectively and provide a positive service for their tenants.”
