The new product is available immediately
news | Over 2 years ago | Elliot Topham

Aldermore launches new BTL products and raises lending limit to 75

Aldermore has released new BTL and residential products.


The new BTL products are fixed at five years with a 5.00% product fee.

The following rates are available immediately:

  • BTL for individual and company landlords with single residential investment properties 5.09% to 75% LTV 
  • BTL multi property product for individual and company landlords with residential investment properties 5.09% to 75% LTV 

 

 Aldermore has also changed its maximum lending age limit to 75, with an aim to support people at a time of cost of living pressures and back more customers to buy and finance a home.

 Jon Cooper head of mortgages at Aldermore, commented: “We know landlords and home owners can often be overlooked by high street lenders, so it’s important to ensure they have choice when it comes to finding a mortgage that is right for them. 

“At Aldermore, we continually review our product range and affordability measures to ensure we can best support our customers and their needs and that’s why we’ve also increased our maximum borrowing age to 75.”
 

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