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.
New buy to let and residential owner occupied mortgage products – from Monday 20 November
We’ve added new buy to let and residential owner occupied mortgage products.
Buy to let
- Individual and company landlords with single residential investment properties
- New limited edition 5 year fixed with 5% fee, 5.09% up to 65% LTV
- Multi property product for individual and company landlords with residentialinvestment properties
- New limited edition 5 year fixed with 5% fee, 4.99% up to 65% LTV
Residential owner occupied
- New 3 year fixed rates 65% to 90% LTV with £999 or zero fee option from 5.99%
- New 5 year fixed rates 65% to 90% LTV with a £1,999 fee from 5.84%
So, whether your client is a landlord, first time buyer, self-employed or has experienced a credit blip in the past, we’re here to help. We look at each application on its own merits and if there’s a way to make it happen, we’ll try to find it.
New buy to let mortgage rates
On Monday 20 November, we added new buy to let mortgage products. Our aim is to provide you with lending options that supports your client’s needs, whether they’re an individual or company landlord, you can trust us to help you find a solution.
Buy to let
Individual and company landlords with single residential investment properties
- New limited edition 5 year fixed with 5% fee, 5.09% up to 65% LTV
Multi property product for individual and company landlords with residentialinvestment properties
- New limited edition 5 year fixed with 5% fee, 4.99% up to 65% LTV
You’ll find all rates in our buy to let mortgage guide.
You can trust us to find the right mortgage solution for your portfolio landlord
- We can use surplus rent to help support properties with rental shortfalls when submitting multi property applications*, building bespoke solutions for your client’s individual circumstances
- We don’t set exposure limits on block of flats (LTV limits apply) and have no background portfolio limits
- We allow top slicing on personal and limited company applications
- We lend on HMOs and multi unit freehold
- We don’t place income restrictions on experienced landlords with minimum of 6 months’ letting history
- We’ll consider lending to first time landlords with a minimum income of £25k
- We can lend to trading companies as well as Special Purpose Vehicles
*All properties must be of the same security type.
If you have any questions, contact your relationship manager or call the team on 0333 321 1000.