New variable rate for BTL remortgagors | Product News - Moneyfacts

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New variable rate for BTL remortgagors

New variable rate for BTL remortgagors

Category: Buy To Let
Date: 10/11/2015

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Aldermore has released a new variable rate buy-to-let mortgage for those looking to remortgage their rental property, earning it an 'excellent' rating for its attractive rate and terms.

The basics...

This deal has a variable rate of 3.49% for the term of the mortgage, the lowest rate currently available in its sector. It is available at a loan-to-value (LTV) of 80% and has a fee of 2% of the mortgage advance.

The finer details…

This mortgage is only available to landlords who are remortgaging their rental property. An incentive package of free legal fees is offered to all applicants, and overpayments by lump sum and regular payment are accepted.

Why we like it…

Landlords who are looking for a competitive remortgage deal for their rental property are likely to show interest in this thanks to its highly competitive rate. The fact that it offers landlords free legal fees also adds to its overall appeal.

Moneyfacts rating: Excellent

For more details call 0333 920 7750

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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