Build your empire with our commercial buy-to-let mortgages
No matter how large, small or complex your property portfolio, we can tailor our BTL mortgages to you. At Aldermore we believe your mortgage should fit your needs exactly, so we offer bespoke deals, not off the shelf products and our expert team work with professional landlords on varied portfolios.
You'll enjoy competitive rates from an award-winning lender, with a personal service that's second to none. So call us if you have a complicated case, or wish to invest in any of the following:
- HMOs
- Student lets
- Multi-unit property
- Part-commercial property
- Commercial property
- BTL as a Limited Company borrower
Buy-to-let mortgages with competitive terms
We offer up to 70% of either the purchase price and the open market vacant possession or investment valuation - whichever is lower.
Key highlights
- Attractive rates linked to LIBOR*, and fixed rates
- Personal service
- Fast, award-winning service and turn around
- Up to 70% loan to value
- Expert lending team
- No compulsory insurance arrangements
Properties we lend on
We lend on a broad range of properties, including:
- Offices
- Industrial units
- Modern factories and warehouses
- Retail without living accommodation
- Retail with living accommodation
- Commercial and residential investment properties
- Licensed houses in multiple occupation
Find out more
To talk through the unique mortgage needs of your business, call us on 0333 321 4000. Or, you can email us at BusinessLendingDirect@aldermore.co.uk and we'll get back to you.
Is a buy-to-let mortgage right for you?
Alternatively take a look at our business mortgages and investment mortgages.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Get in touch
Call us on
0333 321 4000
Residential BTL
Looking for traditional residential BTL, have a portfolio of five or less properties or are a first time landlord?
Click hereProduct Q&A
Ask your questions. Share your answers.
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Answers
It is fair to say that there are occasions when the extent of these reductions does come as a surprise to those trying to raise a mortgage. In addition, valuers also have had to come to terms with today’s market which has some very significant regional variations, so it is understandable that we see them being cautious in reaching an opinion of value.
Sometimes, a ‘down valuation’ can actually be the real value of the property in today’s market simply not matching a customer’s expectation of value. One way to avoid the challenge of a down valuation is to conduct some research on the internet looking at Land Registry sold values (not asking prices) – there are a number of websites that provide helpful information which may help you determine before a valuation is conducted, whether your opinion of value is likely to be close to that of a valuer’s.
If you would like to discuss this further, please contact the commercial lending team on 01733 404518.
Will you lend on properties over £1M on a buy to let in London and, if so, what is the loan to value?
Answers
Should your requirements exceed this level, our commercial mortgage team may be able to assist. The maximum loan to value for our commercial mortgages division is 70%, however it’s usually the yield that would restrict the loan amount for London properties rather than the maximum Loan to Value.
Do you know what the yield on this property is?
The landlord is selling to the minister/Church
Answers
I'm thinking about buying my first student let, but I don't know a lot about buy-to-let. Do you have any tips for me?
Answers
- Research the location carefully to ensure you can rely on a good base from which to secure tenants
- Ask yourself whether you’ve got the time to manage the property (you might want to consider using an agent)
- Make sure you’ve got enough money to pay any mortgage repayments but also allowing for voids and maintenance (a lot of people don’t account for this and find themselves a bit tight)
- Check out what licence you will need to own a house in multiple occupation
- Join a letting group or browse the web for tips
Answers
As every case it’s different it’s better so seek for expert advice so all of your individual circumstances are taken into account and you can find the solution that is right for you and your business.
Questions and AnswersIf you have a question for Aldermore, why not take a look at some of our questions and answers
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