Aldermore has today (13th September) reduced its rates across its limited-edition BTL products for individual and company landlords.
For BTL borrowers with single residential investment properties, Aldermore has reduced its five-year fix with a 5% fee by 20 bps, now available at 5.49% at 75% LTV.
Meanwhile, the rate for Aldermore’s five-year fixed-rate multi-property product for landlords with residential investment properties — available at 75% LTV with a 5% fee — has been cut by 10 bps to 5.49%.
Jon Cooper, head of mortgages at Aldermore, commented: “At Aldermore, we continually review our range to ensure we’re providing our customers with products which complement their needs at rates which are fair.
“We’re delighted to announce rate reductions to our limited-edition product range, to help landlords — whether they’re a first-time or seasoned investor — find the mortgage that’s right for them.”
