Aldermore has cut rates across its BTL range, and introduced reduced pricings for its BTL options for properties with an A-C EPC rating.
All products that have seen rate reductions are available at up to 75% LTV.
For individual or company landlords with single residential investment properties, the lender is offering two-year fixes at 4.98% (£1,999 fee) or 5.54% (with a 1.5% fee), while the five-year fix is now available at 5.54% (1.5% fee).
Company landlords can also secure a five-year fixed-rate loan at 5.84% with no fee.
Meanwhile, the HMO/MUFB products are now priced at 5.48% (£1,999 fee) and 6.04% (1.5% fee) for two-year fixes, and 6.04% (1.5% fee) and 6.34% (no fee) for five-year fixes.
For multi property individuals and company landlords with single residential investment properties, the lender’s two-year fixed-rate options are available at 4.88% (£1,999 fee) and 5.44% (1.5% fee).
The five-year fixes are priced at 5.44% (1.5% fee) or 5.74% (with no fee).
For multi property individuals and company landlords with HMOs/MUFBs, Aldermore offers a two-year fix at 5.94%, or five-year fixes at 5.94% (1.5% fee) or 6.24% (with no fee).
Meanwhile, the revised five-year fixed-rate BTL products for A-C EPC-rated properties — which come with a 1.5% fee — are now priced at 5.44% for individual and corporate landlords with single residential investment properties, and 5.94% for HMOs/MUFBs.
Jon Cooper, head of mortgages at Aldermore, said: “We’re passionate when it comes to helping people to go for it in life and business — these latest rate reductions offer more people the chance to get the finance they need.
“We’ve also launched reduced BTL rates for properties with an EPC rating of A, B or C, benefitting landlords who’ve made their properties energy efficient, especially ahead of the new [proposed] EPC rules.”
