Aldermore announces new buy-to-let product

The limited edition five-year fix is available at 75% LTV with a rate of 5.89%

Aldermore announces new buy-to-let product

Aldermore has launched a new limited edition buy-to-let product, designed to support landlords in securing better deals for their portfolios.

The product is fixed at five years at 75% loan-to-value (LTV) with a 5% product fee and a 5.89% rate for individual landlords and company landlords with single residential investment properties.

Buy-to-let multi property is also available for individual and company landlords with residential investment properties.

“Landlords play an important role in the UK housing market and recently have experienced a challenging environment,” remarked Jon Cooper (pictured), head of mortgages at Aldermore.

“We understand landlords can have varied and sometimes complex portfolios and by continually reviewing our product range, we aim to provide more options to better support landlords and help find the mortgage that is right for them.”

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