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Tuesday, March 08, 2016

Beat stamp duty rise with bridge-to-let scheme

Do you want to purchase a buy-to-let property before the stamp duty increase in April? 

It is probably too late to expect a new mortgage application to complete before the end of March, but a unique bridge-to-let scheme with Aldermore could provide an alternative way to save you money and beat the stamp duty rise. The scheme includes a free valuation and if required offers an exit route from the initial bridging loan, ensuring costs and hassle are greatly reduced.

Product highlights
  • Rates starting from 0.64% per month
  • Available with no exit fee or early repayment charges
  • Access to underwriters - each application is assessed on a case by case basis
  • Free legal fees and reduced valuation on all remortgages up to £1 million (onto Aldermore buy-to-let product)
  • Minimum 1 month ownership prior to remortgaging
  • Ability to capital raise above the original loan amount (based on the enhanced property valuation) on term exit

Tel: 029 2069 5446
Your home may be repossessed if you do not keep up repayments on your mortgages.  

The Financial Services Authority does not regulate some forms of mortgage.

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