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.
I’m pleased to let you know about the changes we’ve made to our buy to let mortgage range effective from today, Tuesday 19 January 2021.
Launch of 2 year fixed products to 75% LTV – purchase and remortgage (1.50% product fee)*
Single residential investment properties
• | 2 year fixed rate at 3.38% for individual & company landlords |
Multi property applications for single residential investment properties
• | 2 year fixed rate at 3.18% for individual & company landlords |
Reverting to 4.58 % (AMR + 0.00%) at 70% LTV
Reverting to 5.08% (AMR + 0.50%) at 75% LTV
I’m also pleased to announce the return of capital raising for further BTL property purchase up to 70% LTV.
Our standard packaging requirements for buy to let business can be found here.
To help speed up your application, be sure to upload the required documents immediately at Pre FMA stage, as failure to do so will result in the case expiring in 7 Working days
*Fee can be added to the loan.