Aldermore has launched limited edition buy-to-let rates for individual and company landlords, priced up to 0.20% below its core range. The products are available immediately, with residential owner-occupier equivalents released alongside them.
For landlords with single residential investment properties, the lender has priced two-year fixed products 0.20% below core and five-year fixes 0.15% below. Aldermore offers both up to 75% LTV:
- Two-year fixed rates start at 3.91%, with zero, 3% and 5% fee options.
- Five-year fixed rates start at 5.46%, with 3% and 5% fee options.
Landlords with residential investment portfolios can access the same discounts on multi-property products, again up to 75% LTV. The two-year fixed rates start at 3.86%, with zero, 3% and 5% fee options, while the five-year fixes start at 5.41% with 3% and 5% fee options.
On the residential side, Aldermore has set owner-occupier limited editions 0.10% below its core range, up to 90% LTV and with zero and £1,999 fee options. Two-year fixes start at 6.62% and five-year fixes at 6.71%.
Aldermore is also relaunching its ‘switch to fix’ feature for existing customers on discounted variable products, covering two-year rates.
“The market is moving, so we’re moving with it,” says Jon Cooper, director of mortgages at Aldermore (pictured). “We want to do everything we can to help brokers secure the right outcome for their clients, which is why we’ve launched limited edition rates below our core range.
“For brokers, the message is clear: act while the opportunity is there. Whether it’s a landlord, first-time buyer or home mover, talk to us and let’s see how we can help.”
