Buy To Let 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.
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.
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.
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
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