The range offers five-year fixed rates from 3.99 up to 80% LTV, with free legal fees and reversion rates reduced by 1%.
This new product is available to new business applications across Aldermore’s Standard and Specialist Buy-to-let ranges and carries a 1.50% completion fee. The remortgage option also supports Aldermore’s no portfolio limits policy and flexibility around capital raising for further purchases, ideal for those landlords looking to expand their portfolio.
Charles Haresnape, Group Managing Director – Mortgages at Aldermore said:
“With a buoyant market, and rate rises expected in the not too distant future, there has never been a better time to take advantage of historic low interest rates, and our new limited edition offering is available on a first come first served basis.
“With a high level of consumer demand Aldermore always looks for ways to support its customers and we’re pleased to be able to launch our lowest ever 5-year fixed rate buy-to-let mortgage product.”
