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Aldermore revamps its Company buy to let products

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.”

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