Aldermore has announced significant improvements to its buy to let (BTL) proposition, with a focus on HMOs.

The following changes are now available:

Free valuations on single HMOs up to 6 beds (please note, this doesn’t apply to multi-property products)

Lower interest cover ratio (ICR) thresholds to support affordability and borrowing potential (for HMOs, multi-unit freeholds and residential investment properties)

New tailored case management service to guide applications from start to finish

Flexible conveyancing with both managed and open panel options. Assisted legal fees are also available on remortgages

Lending up to £2m at 65% LTV and £1.5m at 75% LTV (for HMOs & multi unit freeholds)

Commenting on the improvements Aldermore director of mortgages Jon Cooper said: “We believe that this enhanced BTL proposition supports an increasing number of landlords who are moving into the HMO market.

“These changes again demonstrate our ongoing commitment to accessible solutions, clear communication, and expert guidance at every stage of the application process.”