Aldermore lowers rates on limited edition buy-to-let range

Rate is now 5.49% for five-year fixes at 75% LTV with 5% fee

Aldermore lowers rates on limited edition buy-to-let range

Aldermore has reduced rates across its limited edition buy-to-let products for individual and company landlords.

For those with single residential investment properties, the lender has slashed the rate of its five-year fix at 75% loan-to-value (LTV) with 5% fee by 20 basis points (bps) to 5.49%.

Those with multi-residential investment properties also benefit from a 10bps reduction on the five-year fix at 75% LTV with 5% fee, now at 5.49% too.

Earlier this month, Aldermore launched limited edition two-year fixed rate buy-to-let deals at 75% LTV, also available to individual and company landlords with single and multi-residential investment properties.

“At Aldermore, we continually review our range to ensure we’re providing our customers with products which complement their needs at rates which are fair,” commented Jon Cooper (pictured), head of mortgages at Aldermore Bank.

“We’re delighted to announce rate reductions to our limited edition product range, to help landlords – whether they’re a first-time or seasoned investor – find the mortgage that’s right for them.”

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