Aldermore widens its buy to let mortgage criteria.

With an increasing demand for buy to let products, lenders are improving their product ranges, loosening their criteria and dropping their rates.

 

The latest lender to introduce a change to its range is Aldermore Mortgages. 

 

Currently the lender allows investment landlords a maximum of five properties under its criteria. This maximum number is set to change in the next couple of weeks and is to increase to allow landlords 10 properties before they no longer qualify for a further deal.

 

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Other lenders who have relaxed their criteria and improved their buy to let ranges include Santander, Mansfield and The Mortgage Works.

 

With the buy to let sector booming, you may be considering investing in a rental property. If you are looking for a mortgage you are advised to contact us at Deal Direct.

 

We are here to get you the right deal at the best rate possible to make your property investment a success. We can search the entire market on your behalf to compare ALL lenders mortgage products.

 

In addition to having access to all deals advertised online we also have various mortgage exclusives which are lender 'specials'. These deals are only available through a limited number of brokers, and are deals which you cannot access by searching online.

 

If you want to compare the best mortgages on offer for your deposit level, call us and we can begin searching for your mortgage right away.

 

We are fully MMR compliant, our advisers are highly qualified and are able to offer you independent and impartial mortgage advice under new industry rule changes.

 

Call Deal Direct on 0800 048 8828 for a low rate quote.

 

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Article published: Saturday, April 19, 2014
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