Aldermore is reintroducing its buy-to-let (BTL) and residential owner-occupied mortgages for both new and existing customers.

The lender will also introduce a new product on its BTL range, offering five-year fixed rates with a 3% fee at up to 75% LTV.

The rates will be available from this Friday, 21 July.

For individual landlords and company landlords with single residential investment properties, rates for a two-year fixed mortgage with a 1.50% fee start at 7.09%.

For individuals, companies, houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB), two year and five-year fixed rates start at 7.59%.

For multi property for individuals, companies, HMO and multi-unit freehold (up to six bedrooms /six units, two–year and five-year fixed mortgages start at 7.49%.

Large loan HMOs and multi-unit freeholds (seven to 12 bedrooms / seven to 20 units), two-year and five-year fixed with 1.50% fee, 7.69% to 75% LTV

Residential owner-occupied standard two-year fixed deals start at 7.34%, with five-year fixed deals from 7.14%.

BTL mortgages for individual and company landlords start at 7.29% for a two-year fixed deal and 7.19% for a five-year fixed.

Finally, BTL mortgages for HMO and multi-unit freeholds (up to 6 rooms/6 units) – start at 7.79% for a two–year fixed deal and 7.69% for a five-year fixed deal. 

Aldermore head of mortgages Jon Cooper says: “We’re pleased to be back in the market with our buy to let and residential owner-occupied mortgages, helping both new and existing customers to achieve their property aspirations.

“Now we’re back in the market, our aim is to continue to help people who’ve been overlooked by the high street banks, enabling them to go for it in life and business.”

The post Aldermore reintroduces BTL and owner-occupied mortgages appeared first on Mortgage Strategy.