Overseas investors looking to expand their UK property portfolios have even more reasons to be excited. Two major lenders, Aldermore and CHL Mortgages, have announced a range of new limited edition buy-to-let mortgage rates, designed to offer greater flexibility and affordability for investors.
With the UK rental market continuing to thrive, this is a timely opportunity for those considering investing in British property, whether it’s their first foray or an addition to an existing portfolio.
Aldermore, a leading UK lender, has rolled out reduced rates for individual and company landlords. The new limited edition buy-to-let range offers rate cuts of up to 0.20% across two-year and five-year fixed mortgages, available for up to 75% loan-to-value (LTV). This is available for both single residential investment properties and portfolios of multiple properties.
Jon Cooper, Director of Mortgages at Aldermore, says: "It’s a lively mortgage market right now, which presents opportunities for brokers supporting landlords looking to expand their portfolios. These products give brokers more choice, reflecting Aldermore’s commitment to backing them in meeting their clients’ evolving needs.”
For overseas investors, this presents an excellent opportunity to secure competitive financing while benefiting from the long-term value growth of the UK property market.
CHL Mortgages, a specialist lender in the UK, has also announced rate reductions of up to 0.20% on its buy-to-let products, particularly attractive for those interested in more complex property investments such as small HMOs (Houses in Multiple Occupation) and MUFBs (Multi-Unit Freehold Blocks).
CHL’s new five-year fixed rates start as low as 4.28% for these property types, making it easier for landlords to manage affordability and plan long-term. This is a key benefit for overseas investors looking for high-yield investments in the UK property market.
Ross Turrell, Commercial Director at CHL Mortgages, highlights the significance of these changes: “This latest round of rate reductions shows our commitment to making sure brokers have the products their customers need at their disposal. By reducing our rates by up to 20bps, customers now have even greater choice when selecting a product, and the reductions will help when it comes to calculating affordability.”
For investors based abroad, securing financing at lower interest rates can significantly boost the profitability of UK property investments. With lenders like Aldermore and CHL Mortgages now offering competitive buy-to-let options, it’s an ideal time for overseas buyers to take advantage of the UK’s growing rental market.
Whether you’re investing in a single buy-to-let or a portfolio of HMOs, the reduced rates across both standard and specialist products make UK property an even more attractive proposition for international investors.
a. Aldermore: Rate reductions of up to 0.20% on two-year and five-year fixed buy-to-let mortgages (up to 75% LTV).
b. CHL Mortgages: New buy-to-let mortgage rates as low as 4.28% for HMOs and MUFBs, with LTVs up to 75%.
c. Flexibility: Options are available for both individual and company landlords, with fee choices tailored to meet different investor needs.
With attractive mortgage rates and a thriving rental market, now is the perfect time for overseas investors to explore the UK property market and make the most of these new financing options.