Aldermore brings in new LTD company BTL rates

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 Aldermore is bringing in a new range of two-year fixed rates for limited company buy-to-let loans on single residential units.

The new loans are:

• 4.48 per cent to 75 per cent LTV, with a £1,999 product fee

• 4.98 per cent to 75 per cent LTV, with no product fee

• 4.98 per cent to 80 per cent LTV, with a £1,999 product fee

• 5.48 per cent to 80 per cent LTV, with no product fee

The lender has also cut its existing two-year fixed rates for limited companies by 0.20 per cent and its standard two-year fixes for individual landlords by 0.10 per cent.

The reduced two-year fixed rates for limited company buy-to-let are:

• 4.18 per cent to 75 per cent LTV has been cut to 3.98 per cent with a two per cent product fee

• 4.68 per cent to 80 per cent LTV has been cut to 4.48 per cent with a 2 per cent product fee

The lender’s new standard buy-to-let two-year rates now start from:

• 3.38 per cent to 75 per cent LTV, with 2 per cent product fee
• 3.88 per cent to 75 per cent LTV, with £1,999 product fee
• 4.38 per cent to 75 per cent LTV

• 3.78 per cent to 80 per cent LTV, with 2 per cent product fee
• 4.28 per cent to 80 per cent LTV, with £1,999 product fee
• 4.78 per cent to 80 per cent LTV

Aldermore group managing director, mortgages, Charles Haresnape (pictured) says: “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.”