Aldermore launches new fee-free buy-to-let remortgage deals

30th October 2017

Aldermore has introduced a new limited-edition range of buy-to-let remortgage products.

The bank is offering several five-year fixed-rate buy-to-let remortgage products with no product fee.

Available immediately, the limited-edition range includes a five-year fixed-rate buy-to-let remortgage at 3.48% up to 75% loan-to-value (LTV), down from 3.98%; and a five-year fixed-rate buy-to-let remortgage at 4.38% up to 80% LTV, down from 4.88%.

Charles McDowell, commercial director of mortgages at Aldermore, said: “Many suggest there will be an increase in base rate expected in the near future, our limited edition five-year fixed offering is providing those in the buy-to-let market a chance to fix their mortgage payments and take advantage of current low interest rates.

“Buy-to-let continues to play a vital role in the housing market, as the number of renters in the UK grows. At Aldermore, we regularly review our products to ensure we support our customers, and we are delighted to offer landlords remortgage products from 3.48% with no fees.”

*2 year fixed with TSB 1.09% then 3.59% - APRC is 3.3% Max LTV is 60%. Quoted on 27th May 2020.