Aldermore launches buy-to-let at 3.25% to 80% LTV

Ryan Bembridge

June 14, 2016

charles haresnape

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.

Aldermore launches its lowest ever buy-to-let product

“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.”