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Aldermore launches limited edition buy to let products

POSTED: 6th May 2016
IN: Newsroom
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Aldermore today launches a new limited edition rate on its standard and specialised buy-to-let product range.

The new rate is available for loans from £250k up to £1m, and is available to both individuals and limited companies applying for standard residential units.

Available immediately, the new product includes:

  • Initial rate of 3.93% for 2, 3 and 5 Year Fixed Rates available up to 80% LTV
  • Availability for both for purchase and remortgage
  • Completion fee of 1.50%
  • Booking fee £199

Charles Haresnape, Aldermore’s Group Managing Director, Mortgages, said:

“Aldermore looks to support buy-to-let investors wherever possible, and our newest competitive rate is a sign of that commitment. By offering the same rate for 2, 3 and 5 year fixes, customers will have the flexibility to make the best decision for their situation, rather than feeling steered towards a fix that may not be a perfect fit.

“Buy-to-let mortgages accounted for a quarter of all home loans granted in March, and while much has been made of the recent changes, the majority of landlords see buy-to-let property as a long term investment, and we can expect to see robust growth in the sector during the rest of the year.” 

**Ends**

For further enquiries, journalists can contact:

Rachael Snelling, Aldermore
Phone:          0208 1853 102
Email:           Rachael.Snelling@aldermore.co.uk 

Johnathan Priestley, Cicero Group
Phone:          0207 297 5971
Email:           Johnathan.Priestley@cicero-group.com 

Notes to Editors:
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.

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