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Aldermore Mortgages – Buy-To-Let 2-Year Fixed

Aldermore Mortgages – Buy-To-Let 2-Year Fixed

Type: Fixed-rate buy-to-let mortgage

Fixed term: Two years

Fixed rate: 5.68%

Minimum loan: £25,000

Maximum loan: Up to 65% of valuation subject to a maximum of £600,00, up to two rental properties allowed with Aldermore subject to a total maximum of £1m

Income multiples: Rental income must be at least 125% of the mortgage repayments calculated at the higher of the pay rate or reversionary rate

Conditions: Free legal fees for remortgages, available only through
intermediaries

Arrangement fee: 2.5% of the original loan completion fee

Redemption fee: 5% of the amount repaid in year one, 4% in year two

Introducer¹s fee: 0.4% of the original loan

Tel: 033 321 1000

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