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Aldermore introduces new limited company rates on 2 year fixed buy-to-let

POSTED: 14th February 2017
IN: Newsroom
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Aldermore today introduces new 2 year fixed rates for Limited Company buy-to-let mortgages on single residential units, with more flexible fee options. In addition, it has also reduced its existing 2 year fixed rates for Limited Companies by 0.2% and its standard 2 year fixed rates for individual landlords by 0.1%.

The new 2 year fixed products for Limited Company Buy-to-Let:

  • 4.48% to 75% LTV (product fee £1,999)
  • 4.98% to 75% LTV (no product fee)
  • 4.98% to 80% LTV (product fee £1,999)
  • 5.48% to 80% LTV (no product fee)

 

Reduced 2 year fixed rates for Limited Company Buy-to-Let:

  • 4.18% to 75% LTV - now 3.98% (product fee 2%)
  • 4.68% to 80% LTV - now 4.48% (product fee 2%) 

 

Reduced 2 year fixed rates for Standard Buy-to-Let:

  • 3.48% to 75% LTV - now 3.38% (product fee 2%)
    • 3.98% to 75% LTV - now 3.88% (product fee £1,999)
    • 4.48% to 75% LTV - now 4.38% (no product fee)
  • 3.88% to 80% LTV - now 3.78% (product fee 2%)
    • 4.38% to 80% LTV - now 4.28% (product fee £1,999)
    • 4.88% to 80% LTV - now 4.78% (no product fee)

Charles Haresnape Group Managing Director, Mortgages, at Aldermore, said:

“The increasing number of renters combined with the on-going supply pressures across the private rental sector is evidence of the integral role Buy-to-Let plays within the UK’s housing market.

“The majority of our landlords are committed for the long-term, and we want to ensure we regularly review our products, to ensure we are able to provide them with the best offering, either as an individual landlord or a limited company.”

*Ends*

For further information, journalists can contact:

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

Rozie Green, Lansons
Phone:          0207 566 9724
Email:            rozieg@lansons.com

 

Notes to Editors:


For further information about Aldermore, please review our Notes to Editors page

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  • Mortgages
  • Buy To Let
  • Press Release

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