Aldermore's buy to let changes - launching 6 Feb, 2020

Aldermore is excited to share the changes they're making to our buy to let mortgage range this Thursday.

More flexible lending criteria. Increased lending limits. Reduced fees. New rates and product options. Just some of the ways they're helping you get more business done.

More flexible lending criteria. Increased lending limits. Reduced fees. New rates and product options. Just some of the ways they're helping us get more business done.

  • Maximum loan limits increased and term increased to 40 years
  • Communication defaults ignored
  • Small settled defaults 13-36 months now accepted up to £500
  • Capital raising up to 80% LTV 
  • New products for portfolios up to £5m
  • New products for submitting multiple property portfolios on one application
  • New rate and product fee options
  • Reduced HMO and multi-unit freehold products   
  • Free valuation for single residential investment properties on re-mortgages
  • Reduced valuation fee scale 

Some of the ways Aldermore are helping you say 'yes' to more landlord clients.