View more on these topics

Aldermore launches limited edition B2L rate

Haresnape-Charles-in-2012-700.png

Aldermore has launched a limited edition rate on its standard buy-to-let product range.

The new rate is available immediately on loans up to £1m for individuals applying for single residential units.

The new product includes:

· Initial rate of 3.25 per cent for five-year fixed rates available up to 80 per cent LTV

· Available for both for purchase and remortgage

· Completion fee of 1.50 per cent

· Booking fee of £199

Aldermore group managing director, mortgages, Charles Haresnape says: “As buy-to-let specialists we are always looking to help customers and intermediaries by offering a greater product choice.

“Our new rates help keep costs down for clients at a time when demand for housing continues to out-strip supply.”

Recommended

Ying-Tan-700.jpg
1

Buy-to-let Watch: Change breeds innovation

The fact that buy-to-let will not be so straightforward in future may present us all with an opportunity to be creative I read an interesting article in one of the nationals last weekend. Unsurprisingly, it focused on the buy-to-let market and the tax changes introduced by George Osborne earlier this year. Little did the Chancellor […]

UK-Houses-Home-Mortgage-700x450.jpg

House prices poised to fall as referendum looms, warns RICS

UK house prices are expected to fall for the first time since 2012 as a result of uncertainty surrounding the EU referendum, according to the professional body for property valuers. Demand from buyers has dropped at the fasted rate in eight years according to the member survey by the Royal Institute of Chartered Surveyors. House prices in […]

Will the FCA rewrite the mortgage rulebook over competition?

As the FCA gears up for the sequel to the Mortgage Market Review, experts are rattled by the prospect of yet more industry upheaval, with brokers and networks cast as villains The dust has barely settled on the MMR but the spectre of another rulebook rewrite appears to be just around the corner. In May, […]

Appeal-Court-High-Court-Building--700x450.jpg
1

Landlords win legal battle over West Brom rate rise

West Bromwich Building Society has lost an Appeal Court battle over whether it was right to raise interest rates on tracker mortgages without a rise in Bank of England base rate. The case sets a precedent over how the wider mortgage market can treat interest rates. Handing down the judgment today, Lord Justice Hamblen ruled […]

Newsletter

News and expert analysis straight to your inbox

Sign up