The lender will be repricing its product switch proposition for existing BTL customers, helping landlords coming to the end of their mortgage term.
The following rates — up to 75% LTV — are available from Tuesday 6th June:
For individual landlords with single residential investment properties plus free valuation
- Two-year discounted with £1,999 fee, 5.98%
- Two-year fixed with 1.50% fee, 6.49%
- Five-year fixed with 1.50% fee, 6.39%
- Five-year fixed with 1.50% fee for properties with EPC rating of A, B or C 6.29%
- Five-year fixed zero fee, 6.69%
For company landlords with single residential investment properties plus free valuation
- Two-year discounted with £1,999 fee, 5.98%
- Two-year fixed with 1.50% fee, 6.49%
- Five-year fixed with 1.50% fee, 6.39%
- Five-year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.29%
- Five-year fixed with zero fee, 6.69%
For individuals, companies, HMO and multi-unit freehold (up to six bedrooms/six units)
- Two-year discounted with £1,999 fee, 6.48%
- Two-year fixed with 1.50% fee, 6.99%
- Five-year fixed with 1.50% fee, 6.89%
- Five-year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.79%
- Five-year fixed with zero fee, 7.19%
Multi property product for individual and company landlords with residential investment properties plus free valuation
- Two-year discounted with £1,999 fee, 5.88%
- Two-year fixed with 1.50% fee, 6.39%
- Five-year fixed with 1.50% fee, 6.29%
- Five-year fixed with zero fee, 6.59%
Multi property for individuals, companies, HMO and multi-unit freehold (up to six bedrooms/six units)
- Two-year fixed with 1.50% fee, 6.89%
- Five-year fixed with 1.50% fee, 6.79%
- Five-year fixed with zero fee, 7.09%
Large loan HMOs and multi-unit freeholds (over seven bedrooms/seven units)
- Two-year discounted with £1,999 fee, 6.48%
- Two-year fixed with 1.50% fee, 7.09%
- Five-year fixed with 1.50% fee, 6.99%
- Five-year fixed with zero fee, 7.29%
All products are fee free for existing customers across switch ranges:
Product switch BTL for individual and company landlords with single residential investment properties
- Two-year discounted with zero fee, 5.98% to 85% LTV
- Two-year fixed with zero fee, 6.49% to 75% LTV
- Two-year fixed with zero fee, 6.74% to 85% LTV
- Five-year fixed with zero fee, 6.39% to 75% LTV
- Five-year fixed with zero fee, 6.64% to 85% LTV
Buy to let for HMO and multi-unit freeholds (up to six rooms/six units)
- Two-year fixed, 6.99% to 80% LTV
- Five-year fixed, 6.89% to 80% LTV
Jon Cooper, head of mortgages at Aldermore, said: “We’re thrilled to be back in the market with our BTL offerings.
“Withdrawing products was always a temporary measure and we’re pleased to offer a competitive range, giving customers even more choice to support their goals.
“Both our borrowers and our savers are the driving focus of everything we do, and we’re passionate about finding ways to support all of our customers to go for it in life and in business.”