The 3.99% rate is available up to 80% LTV, and offers the same rate for individual landlords and limited companies.
It is available for both purchase and remortgage on single residential units and comes with a 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.”
