Aldermore announced some product changes. See below for more information. For information on their current products and criteria call our team or click here. REMEMBER, you can access the Aldermore range using our Direct to Lender mortgage club so do contact us for further information. For any Documents Click here. Calculators Click Here.
Support for landlords
Mortgages for your buy to let clients
We reduced rates across our buy to let mortgage range on Thursday, 23 February, to help support more of your buy to let clients. We also introduced new buy to let rates for properties with an EPC rating of A, B or C and you’ll find details of all our new rates below.
How we support buy to let landlords…
- We lend on most types of properties from standard flats / houses to HMO and multi units under one title
- There’s no background portfolio limits
- We’ll consider lending to first time landlords with a minimum income of £25K
- We’ll consider an existing landlord with a minimum of 6 months’ letting history
- We allow top slicing on a wide range of income types
- We build rental growth into our buy to let calculator, which supports the security and background portfolio
- We’ll accept up to 30 properties on a single application – that means one LTV, one set of documents, one account, one Direct Debit
- We’ll consider SPV and trading company buy to let
Reduced rates across our buy to let mortgage range – 23 February 2023
Buy to let for individual landlords with single residential investment properties
► 2 year discounted with £1,999 fee, 4.98% to 75% LTV (AMR less 3.50%)*
► 2 year fixed with 1.50% fee, 5.54% to 75% LTV
► 5 year fixed with 1.50% fee, 5.54% to 75% LTV
► NEW 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 5.44% to 75% LTV
Buy to let for company landlords with single residential investment properties
► 2 year discounted with £1,999 fee, 4.98% to 75% LTV (AMR less 3.50%)*
► 2 year fixed with 1.50% fee, 5.54% to 75% LTV
► 5 year fixed with 1.50% fee, 5.54% to 75% LTV
► NEW 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 5.44% to 75% LTV
► 5 year fixed with zero fee, 5.84% to 75% LTV
Buy to let for HMO and multi unit freeholds
► 2 year discounted with £1,999 fee, 5.48% to 75% LTV (AMR less 3.00%)*
► 2 year fixed with 1.50% fee, 6.04% to 75% LTV
► 5 year fixed with 1.50% fee, 6.04% to 75% LTV
► NEW 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 5.94% to 75% LTV
► 5 year fixed with zero fee, 6.34% to 75% LTV
Buy to let for multi property individuals and company landlords
with single residential investment properties
► 2 year discounted with £1,999 fee, 4.88% to 75% LTV (AMR less 3.60%)*
► 2 year fixed with 1.50% fee, 5.44% to 75% LTV
► 5 year fixed with 1.50% fee, 5.44% to 75% LTV
►5 year fixed with zero fee, 5.74% to 75% LTV
Buy to let for multi property individuals and company landlords with
HMO and multi unit freeholds
► 2 year fixed with 1.50% fee, 5.94% to 75% LTV
► 5 year fixed with 1.50% fee, 5.94% to 75% LTV
► 5 year fixed with zero fee, 6.24% to 75% LTV