Aldermore launches new limited company buy to let mortgage range.

A new range of limited company buy to let mortgages are being launched by Aldermore.

The 2 year fixed rate mortgages are for single residential units. For LTV’s of up to 75% and 80%, there are two different mortgage rate options; one with a product fee and one without.

With a product fee, the details are:

  • 4.48% for up to 75% LTV
  • 4.98% for up to 80% LTV

Without a product fee, the details are:

  • 4.98% for up to 75% LTV
  • 5.48% for up to 80% LTV

The lender has also reduced its 2 year fixed rates on limited company buy to let mortgages that include a 2% product fee. The loan details are:

  • 3.98%, reduced from 4.18% for up to 75% LTV
  • 4.48%, reduced from 4.68% for up to 80% LTV

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Whether you are an individual landlord are a limited company, Deal Direct is committed to sourcing the best loans possible for you.

Our buy to let mortgage experts have over a decades’ experience in the industry and are highly skilled when it comes to sourcing a loan that works for you.

Please be aware that Deal Direct are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact and independent financial adviser.

Also note that buy to let mortgage applications from:

  • applicants whose intention is to benefit from house price growth
  • applicants whose intention is to benefit from rental income
  • applicants who are letting to buy

will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.

For the best advice, you need look no further than Deal Direct.

Call one of our expert advisers now on 0800 048 8828. 

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Article published: Thursday, February 23, 2017
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