Available immediately, the new product includes:
- 3.99% 5 Year Fixed Rate available up to 80% LTV
- Same rate for individual landlords and limited companies
- Available for both purchase and remortgage on single residential units
- Completion fee of 2.50%
Charles Haresnape, Aldermore’s Group Managing Director, Mortgages, said:
“The new fixed rate product is available for both purchase and remortgage and is great for landlords who are looking to guarantee their mortgage repayments for the long term, allowing them to better plan their investments.
“There is great demand for affordable rental accommodation, and it is vital that we support buy-to-let landlords while housing supply pressures continue to push up house prices.”
“Aldermore supports both individual landlords and those investing through limited companies and recently brought our company rates in line with those available to individual landlords.”
For further enquiries, journalists can contact:
Johnathan Priestley, Cicero Group
Phone: 0207 297 5954
Rachael Snelling, Aldermore
Phone: 0208 1853 102
Notes to Editors:
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.