New mortgage products launched for landlords

New mortgage products launched for landlords


Todays other news
Emily Coltman FCA is Chief Accountant at FreeAgent...
Can a landlord database tackle rogue operators, or will it...
There's been a survey of landlords and tenants - with...
The public money is being spent by Sir Sadiq Khan,...
House icon with British pound symbol inside, representing property investment.

Aldermore has launched new buy to let limited edition mortgage products for landlords, alongside reduced rates across its owner occupier range for both new and existing customers looking to product switch.

The following rates are available immediately:

Advertisement

For new customers

Advertisement

Residential owner occupiers

Advertisement
  • Level 1: 2 & 3 year fixed rates reduced by up to 0.21% (rates from 5.08%)
  • Level 1: 5 year fixed rates reduced by up to 0.15% (rates from 5.09%)
  • Level 2: 2, 3 & 5 year fixed rates reduced by up to 0.25% (rates from 5.45%)
  • Level 3: 2, 3 & 5 year fixed rates reduced by up to 0.19% (rates from 5.96%)

Buy to let

NEW LIMITED EDITION for individual and company landlords with single residential properties

Advertisement
  • 2 year fixed rate at 75% LTV with zero fee (rate of 5.79%)

NEW LIMITED EDITION multi property product for individual and company landlords with residential investment property portfolios

  • 2 year fixed rate at 75% LTV with zero fee (rate of 5.74%)

For existing customers (product switch)

Advertisement

Residential owner occupier

  • 2 year fixed rates reduced by up to 0.21% (rates from 5.48%)
  • 5 year fixed rates reduced by up to 0.15% (rates from 5.29%)

Jon Cooper, director of mortgages at Aldermore, comments:“Our recent financial results reflect the continued strength and momentum of our Property business over the past year. We’re fully focused on building on that success, with a clear commitment to supporting our broker partners through competitive rates, compelling criteria, and a service that’s both personable and tailored to the unique needs of every case. We know that long-term growth comes from consistently delivering value and that’s exactly what we’re striving for.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Person holding insurance document for landlord property protection.
The analysis has been undertaken. by Uswitch...
Stacked gold coins with a wooden house model in the centre.
Remortgaging by landlords is now back at its record high...
Construction workers discussing at sunset with cranes in background.
New figures from Savills set alarm bells ringing...
Gavel, scales of justice, and hourglass on a book.
Sentencing takes place next month...
The warning says no landlord, anywhere, is immune from the...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Emily Coltman FCA is Chief Accountant at FreeAgent...
Can a landlord database tackle rogue operators, or will it...
There's been a survey of landlords and tenants - with...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.