Aldermore has launched a range of limited edition buy-to-let products for portfolio landlords.
The challenger bank says the deals, available from 5 September at 9am, cover:
For BTL individual and company landlords with single residential investment properties
- A two-year fixed-rate offer, with a 3% fee, at 5.74% at up to 75% loan to value
For BTL multi-property product for individual and company landlords with residential investment properties
- A two-year fixed-rate product, with a 3% fee, at 5.74% at up to 75% LTV
Aldermore head of mortgages Jon Cooper says: “At Aldermore, we’re continually reviewing our product range and rates to ensure we’re providing landlords the support they need to realise their property investment goals.”
Last month, the lender said it would move to an open panel approach for specialist landlord conveyancing, which the lender says gives brokers greater flexibility to appoint solicitors for more complex buy-to-let deals.
The firm added that intermediaries could appoint their own conveyancer as long as they are registered on its online onboarding portal, called Lender Exchange.