Aldermore has launched a limited edition 5-year fixed rate buy-to-let mortgage at 80% loan-to-value on a limited basis.
The product is available for both purchase and remortgage and comes with a completion fee of 1.50% and a booking fee of £199.
Charles Haresnape (pictured), Aldermore’s group managing director, mortgages, said: “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.
“According to the latest survey from RICS, tenant demand continues to rise across all areas with a net balance of 23% of contributors reporting an increase at the national level, and buy-to-let remains a strong investment choice despite recent changes to stamp duty charges.”