Aldermore 3yr 5.88% Fixed BTL R/M LTV 75% Mortgage
Full product details for the Aldermore 3yr 5.88% Fixed BTL R/M LTV 75% mortgage, including application criteria, rates, suitability, restrictions, incentives, facilities, fees & charges and equity release.
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Aldermore 3yr 5.88% Fixed BTL R/M LTV 75% Mortgage Features & Benefits
| Mortgage Type | Buy To Let | |
| Rate Type | fixed | The product rate type is fixed. |
| Initial Rate APR | 5.88% | Initial rate payable 5.88% |
| Initial Rate Term | 36 months | 36 |
| Initial Rate End Date | 36 months | |
| Lender's Base Rate | 5.88% | |
| Loading on Lender's Base Rate | 0% | 0 |
| Final Rate | 5.48% | |
| Maximum LTV | 75% | The maximum LTV is 75% |
| Maximum Term | 35 years | The maximum term is 35 years. |
| Remortgage Deal | yes | This product is available for remortgage. |
| Remortgage Only | yes | Only available for remortgages. |
| Minimum Deposit | 25% | |
| Maximum Advance Per Property | £600,000 | Maximum advance per property is £600000. |
| Maximum Age | 85 years | The maximum age is 85 years. |
| Minimum Age | 21 years | The minimum age is 21 years. |
| Minimum Income | £0 | No minimum income required (income will be verified to confirm applicants ability to withstand future interest rate changes and rental voids). First time landlords minimum income of £25,000 required. |
| Maximum Overall Portfolio Value | £2,000,000 | Maximum overall portfolio is £2000000. |
| Availability | restricted | This is a buy to let mortgage. Available for remortgage and via brokers only. |
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