Aldermore refreshes buy-to-let remortgage fixes

Aldermore has reduced 5-year buy-to-let remortgage fixes. The products have a rate of 3.48% to 75% loan-to-value, down from 3.98%, and a rate of 4.38%

Aldermore has reduced 5-year buy-to-let remortgage fixes.

The products have a rate of 3.48% to 75% loan-to-value, down from 3.98%, and a rate of 4.38% to 80% LTV, down from 4.88%.

Aldermore said they were available for a limited time but wouldn’t specify how long.

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Charles McDowell, commercial director, mortgages, at Aldermore, said: “Many suggest there will be an increase in base rate expected in the near future, our limited edition 5 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.”

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