Aldermore reintroduces limited edition landlord products, Virgin lifts rates Mortgage Strategy

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Aldermore has reintroduced its two- and five-year buy-to-let (BTL) limited edition range.

Products within the lender’s individual and company landlords with single residential investment properties include a two-year fixed at 4.84% to 75% loan-to-value (LTV) with a 3% fee and a five-year fixed at 4.69% to 75% LTV with a 5% fee.

Meanwhile, products for multi property individual and company landlords with residential investment properties include a two-year fixed at 4.79% to 75% LTV with a 3% fee and a five-year fixed at 5.34% to 75% LTV with 1.50% fee.

Aldermore director of mortgages Jon Cooper says: “We’re pleased to reintroduce our two- and five-year Limited Edition range to better support landlords and their needs, to go for it in life and in business.”

Elsewhere, Virgin Money has increased rates on selected fixed products within its exclusive BTL, exclusive remortgage, exclusive purchase, product transfers and core purchase ranges.

Within Virgin’s exclusive BTL range, it has increased its fix and switch rates with £495 fee by up to 0.10% to now start from 4.74%.

The lender’s 75% and 85% LTV retrofit boost five-year fix within its remortgage range will go up by up to 0.10% starting from 4.34%.

Other changes include:

  • Exclusive purchase: Selected own new fixed rates will be increased by 0.10%, starting from 0.35%.
  • Product transfer: Selected five-year fixed rates will be increased by up to 0.10%, starting from 3.89%.
  • Core purchase: 65% and 75% LTV five-year fixed rates will be increased by 0.10%, starting from 4.04%.

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