Precise cuts rates and Aldemore unveils BTL deals Mortgage Finance Gazette

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Precise Mortgages has reduced rates on its mortgage buy-to-let products.

The lender’s  two-year fixed rates now start from 4.39%. And its five-year fixed rates start from 4.84%.

The reductions come with options for personal ownership, limited company, HMO and limited company HMO landlords.

Meanwhile broker Aldermore has introduced limited deals on its buy to let and residential owner-occupied mortgage products.

The new limited edition five-year fixed on its BTL product comes with 5% fee, 5.09% up to 65% LTV. It’s for individual and company landlords with single residential investment properties.

While the multi property product for individual and company landlords with residential investment properties comes with five-year fixed with 5% fee, 4.99% up to 65% LTV.

The new three-year fixed rates, for residential owner-occupied customers, range between 65% to 90% LTV with £999 or zero fee option from 5.99%. And the new five-year fixed rates 65% to 90% LTV with a £1,999 fee from 5.84%.