Aldermore launches limited edition products, TML enhances BTL range Mortgage Finance Gazette

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Aldermore has launched a range of new limited edition products across its buy-to-let (BTL) and residential owner occupier ranges, designed to support landlords and homeowners.

Available immediately, new customers looking for residential owner occupier products, there is a new high loan-to-value (LTV) Level 1 limited edition two-year fixed, zero fee at 6.43% to 90% LTV and a two-year fixed, zero fee at 6.79% to 95% LTV.

For the same range but high LTV Level 2, there’s a new limited edition two-year fixed, zero fee at 6.92% to 90% LTV.

In addition, Aldermore has extended its Level 1 remortgage-only cashback range, now available on two-year and three-year fixed products at 65%, 85%, and 90% LTV.

The lender’s BTL range, it has added a limited edition five-year fixed with no fee at 5.34% to 70% LTV for individual and company landlords with single residential properties.

There is also a new limited edition five-year fixed with no fee at 5.29% to 75% LTV multi property product for individual and company landlords with residential investment property portfolios.

The final product is a limited edition five-year fixed with a 5% fee at 4.64% to 75% LTV, including a free valuation for houses of multiple occupancy (HMO) and multi unit freehold including multi property.

Aldermore director of mortgages Jon Cooper says: “We’ve acted quickly to launch these limited edition products, giving brokers and customers fresh options at competitive rates.”

Elsewhere, The Mortgage Lender (TML) has made enhancements to its BTL range, cutting rates and introducing a new cashback incentive for landlords.

TML has repriced its two-year and five-year standard BTL products, with rate reductions of up to 0.15% across its core range.

As part of the update, TML will withdraw the two-year £3,495 fee product and reintroduce the two-year £2,495 fee product, providing more choice for borrowers balancing upfront costs with long-term value.

To further support portfolio and HMO landlords, all five-year fixed HMO products will now include a £500 cashback, which is available for a limited time.

Shawbrook commercial director for retail mortgages Steve Griffiths says: “Landlords continue to adapt to a changing market, and we’re focused on making sure our range evolves with them.”

“By reducing rates and enhancing incentives, we’re giving brokers more tools to support clients who are refinancing or looking to expand their portfolios. This latest update reflects our continued commitment to offering products that are both competitive and flexible.”