Aldermore cuts rates and launches EPC limited edition product

Aldermore has launched a 2-year fixed limited edition buy-to-let (BTL) product for landlords with properties that have an Energy Performance Certificate (EPC) rating of Band A, B or C.

The specialist lender also reduced rates by 0.10% on its existing 2-year fixed limited edition products.

In its new customer category, individual and company landlords with single residential investment properties will benefit from a reduced 2-year fixed rate 4.79%, up to 75% loan-to-value (LTV) with a 3% fee.

They will also have access to the lender’s new EPC A, B and C 2-year fixed product up to 75% LTV with 3% fee at 4.69%.

In its multi-property for individual and company landlords with residential investment properties range, Aldermore has also reduced a 2-year fixed 4.74%, up to 75% LTV with 3% fee.

Jon Cooper, director of mortgages at Aldermore, said: “It’s a lively mortgage market right now, with recent volatility in swap rates offering brokers and their clients opportunities to secure timely rates.

“We’re pleased to make these latest changes, with some of our rates amongst the most competitive in the market right now when compared to our peers.”

ADVERTISEMENT