
Specialist lender Aldermore has launched new and reduced limited edition Buy To Let and residential owner-occupier mortgage products.
For individual and company landlords with single residential investment properties, the lender reduced its five-year fixed rates at 65% Loan To Value with rates starting from 4.89%, and launched a new 5-year fixed at 75% LTV with rates starting from 4.99%.
For its multi-property product for individual and company landlords, Aldermore has cut its five-year fixed at 65% LTV with rates from 4.79% and launched a new five-year fixed at 75% LTV, with rates from 4.89%.
In its residential owner-occupier level 1 limited edition range, Aldermore has also launched new limited editions with zero fee, all products up to 80% LTV, with a two-year fixed from 5.79% and a five-year fixed from 5.34%.
Meanwhile another lender – Funding 365 – has launched three and five-year buy to let offerings for England, Wales and Northern Ireland.
The products cater for social housing, HMOs, MUFBs, student accommodation and holiday lets. Semi-commercial properties are also considered where commercial is less than 30% of the total value.
Expats and foreign nationals with a UK credit footprint, offshore companies and first-time buyers will all considered on a case-by-case basis, while loan sizes range from £100,000 to £5m in England and Wales, and £100,000 to £3m in Northern Ireland and fixed interest starting at 7.49% per annum with a 2% arrangement fee.
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