It has also reduced its existing 2-year fixed rates for Limited Companies.
Aldermore has launched new 2-year fixed rates for limited company buy-to-let mortgages on single residential units, with more flexible fee options.
And it has also reduced its existing 2-year fixed rates for limited companies by 0.2% and its standard 2-year fixed rates for individual landlords by 0.1%.
Charles Haresnape, group managing director, mortgages, at Aldermore, said: “The increasing number of renters combined with the on-going supply pressures across the private rental sector is evidence of the integral role Buy-to-Let plays within the UK’s housing market.
“The majority of our landlords are committed for the long-term, and we want to ensure we regularly review our products, to ensure we are able to provide them with the best offering, either as an individual landlord or a limited company.”
New 2-year fixed products for Limited Company Buy-to-Let
- 4.48% to 75% LTV (product fee £1,999)
- 4.98% to 75% LTV (no product fee)
- 4.98% to 80% LTV (product fee £1,999)
- 5.48% to 80% LTV (no product fee)
Reduced 2 year fixed rates for Limited Company Buy-to-Let
- 4.18% to 75% LTV - now 3.98% (product fee 2%)
- 4.68% to 80% LTV - now 4.48% (product fee 2%)
Reduced 2-year fixed rates for standard Buy-to-Let
- 3.48% to 75% LTV - now 3.38% (product fee 2%)
- 3.98% to 75% LTV - now 3.88% (product fee £1,999)
- 4.48% to 75% LTV - now 4.38% (no product fee)
- 3.88% to 80% LTV - now 3.78% (product fee 2%)
- 4.38% to 80% LTV - now 4.28% (product fee £1,999)
- 4.88% to 80% LTV - now 4.78% (no product fee)
