Aldermore has reduced its Company buy to let remortgage and Company Multi Property purchase and remortgage products. The move is aimed at helping landlords that are looking for long-term stability when planning to grow their portfolio, purchase multiple properties or remortgage.
Available immediately:
Company Buy to Let Remortgage only - reduced by 0.3%
- 75% loan-to-value (LTV), 5 year fixed initial rate 3.98%
- 80% loan-to-value (LTV), 5 year fixed initial rate 4.58%
Company Buy to Let Multi Property Purchase and Remortgage - reduced by 0.3%
- Up to 75% loan-to-value (LTV), 5 year fixed initial rate 3.78%
- Up to 80% loan-to-value (LTV), 5 year fixed initial rate 4.38%
Damian Thompson, director of Mortgages at Aldermore commented:“According to the latest BDRC data, over seven in ten landlords intend to fund their next portfolio purchase with a buy to let mortgage, so at Aldermore we want to make sure we are providing products that align with landlords’ needs.”