Rates start from 4.8% above three month LIBOR available for loans from £250,000 to £500,000 up to 70% loan to value.
Doug Hall, 3mc director, said: “There is growing demand for investment property funding and we’re delighted to have negotiated this highly competitive deal with Aldermore.”
Rob Lankey, managing director of Aldermore Commercial Mortgages, said: “3mc has built a strong reputation as a leading specialist mortgage distributor and is ideally positioned to advise brokers about funding for residential investment property. We look forward to working with Doug and his team over the coming months.”
The funds are available for private individuals, on a 10-year term on interest only and 20 years for capital repayment on residential properties only.
