Aldermore cuts rates across BTL mortgage offering

Aldermore has reduced rates across its buy-to-let (BTL) range, and introduced a new limited edition product, effective from today (Wednesday 3rd July).

As part of these changes, the lender’s BTL fixed rates have been reduced by 0.20%

In addition, the bank’s limited edition product is available on a 5-year fixed term basis up to 65% loan-to-value (LTV).

Highlights from the range include a 5-year fixed at 5.89% with zero fee, a 5-year fixed 5.59% with 1.50% fee, and a 5-year fixed 4.89% with 5.00% fee.

Jon Cooper, director of mortgages at Aldermore, said: “Being a landlord presents unique challenges and we don’t take the loyalty of our landlord customers for granted.

“We’re pleased to introduce our new limited edition product and offer a range of cheaper rates, backing more landlords to go for it in life and business.”

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