
Aldermore has rolled out two five-year limited edition buy-to-let home loans, available immediately.
The new deals, both carrying a 5% fee, include a five-year fixed rate at 4.34% up to 75% LTV for individual and company landlords with single residential investment properties.
Also a five-year fixed rate at 4.29% up to 75% LTV for individual and company landlords with portfolios of residential investment properties
The lender said the launch builds on a busy period of activity in recent months, with product initiatives and a series of criteria changes designed to support landlords.
These include free valuations on single houses of multiple occupation (HMOs) of up to six bedrooms, lower interest cover ratio thresholds, a tailored case management service to guide applications and increased conveyancing flexibility.
Aldermore director of mortgages Jon Cooper said: “We continue to passionately back our brokers and their clients. This sits at the very heart of our lending business and good landlords are a major part of that client base.
“We’re always looking for ways to offer them better value and make clever criteria tweaks where we can, so they can manage their portfolios effectively and provide a positive service for their tenants.”
The news comes as specialist lender ModaMortgages launches eight limited-edition mortgage deals at 80% loan-to-value (LTV), all with flexible fees.
The new range includes both single-dwelling and small HMOS and multi-unit freehold blocks (MUFB).