Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 3 weeks ago 46
Aldermore have reduced their 5 year fixed Buy to Let rate to 3.99% for single residential units in the name of individuals or limited companies up to a maximum of 80% Loan to Value.
Aldermore do not credit score and every case is individually assessed by the underwriting team.
You can use all of the 80% LTV to raise capital and expand a property portfolio if you wish.
The completion fee is 2.5% which can be added to the loan and early repayment charges are 5% year 1, 4.5% year 2, 4% year 3, 3.5% year 4 and 3.5% year 5.
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