Specialist lender Aldermore has launched new two-year fixed rates for limited company buy-to-let mortgages
The products are offered on single residential units and have flexible fee options.
Aldermore has also reduced its existing two-year fixed rates for limited companies by 0.2% and its standard two-year fixed rates for individual landlords by 0.1%.
Charles Haresnape, group managing director of mortgages at Aldermore, said: “The increasing number of renters combined with the on-going supply pressures across the private rental sector is evidence of the integral role buy-to-let plays within the UK’s housing market.
“The majority of our landlords are committed for the long term, and we want to ensure we regularly review our products to ensure we are able to provide them with the best offering, either as an individual landlord or a limited company.”
The full product range comprises:
The new two-year fixed products for limited company buy-to-let:
• 4.48% to 75% LTV (product fee £1,999)
• 4.98% to 75% LTV (no product fee)
• 4.98% to 80% LTV (product fee £1,999)
• 5.48% to 80% LTV (no product fee)
Reduced two-year fixed rates for limited company buy-to-let:
• 4.18% to 75% LTV – now 3.98% (product fee 2%)
• 4.68% to 80% LTV – now 4.48% (product fee 2%)
Reduced two-year fixed rates for standard buy-to-let:
• 3.48% to 75% LTV – now 3.38% (product fee 2%)
• 3.98% to 75% LTV – now 3.88% (product fee £1,999)
• 4.48% to 75% LTV – now 4.38% (no product fee)
• 3.88% to 80% LTV – now 3.78% (product fee 2%)
• 4.38% to 80% LTV – now 4.28% (product fee £1,999)
• 4.88% to 80% LTV – now 4.78% (no product fee)
