Transcript The Key to Buy-to-let Aldermore Residential Mortgages FOR INTERMEDIARY USE ONLY Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated.

The Key to Buy-to-let
Aldermore Residential Mortgages
FOR INTERMEDIARY USE ONLY
Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. (Financial Services Register number: 204503). Registered office: 1 st Floor, Block B, Western House, Lynch Wood,
Peterborough, PE2 6FZ. Registered in England No. 947662.
The Aldermore Story
Agenda
•
The Market and its Drivers
•
Opportunities
•
Our Key Features
•
Case Study
Buy-to-let a Growing Market
The number of buy-to-let properties in the UK is set to treble by 2032
Private rented units (thousands)
2007
2012
2017
2022
2032
Buy-to-let – Market Drivers
UK population
One person households
Increase portfolio
Projected to rise to 70m by 2027,
from 62m in 2010
Projected to equal two-thirds of the future
increase in households
18% of landlords are looking to
increase their existing portfolio in the
near future
Buy-to-let – Opportunities
Landlord’s propensity to purchase a buy-to-let has increased with 18% expecting to buy soon.
22% of landlords looking to purchase are buying more specialist.
Standard range
Specialist range
•
Flat’s
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HMO
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Detached houses
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Multi-unit block
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Semi detached houses
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Student lets
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Terraced houses
Buy-to-let - Overview
We are experts in buy-to-let mortgages; we have absolutely no portfolio limits and cater for all types of landlords, whether their
needs are simple or complex.
• Up to 80% LTV
• Fixed and term variable rates
• No minimum income (experienced landlords)
• Rental calculation options
• Non owner occupied for remortgages
• Standard and Specialist range
Buy-to-let – Key Features
No Portfolio Limits
Any type of Landlord
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No portfolio limits
• Aged 85 at the end of the term
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Mixture of residential and commercial properties
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• First time landlords (75% LTV)
Exposure limits
• Experienced landlords
• Self Employed
• Impaired Credit
• Companies owning buy-to-let
Simple to Complex
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Remortgages
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New Build
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Ex-public Sector
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HMOs
•
Commercial Property
Buy-to-let – Case Study
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A landlord who owns a portfolio of 16 properties
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She wants to remortgage some properties to raise capital to buy another
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She is 72 years old, and would like a 10 year term
Buy-to-let in Summary
Buy-to-let is a sustainable and growing market
Growth is driven by a number of factors
Aldermore have: No portfolio limits
Aldermore cater for: All types of landlord, including Limited Companies
Aldermore accept: Simple to complex applications
Buy-to-let information hub – www.aldermore.co.uk/btlhub
Questions?
Standard Range: 0333 321 1000
Specialist Range: 0173 340 4518
FOR INTERMEDIARY USE ONLY
Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. (Financial Services Register number: 204503). Registered office: 1 st Floor, Block B, Western House, Lynch Wood,
Peterborough, PE2 6FZ. Registered in England No. 947662.
ARM118-815-400094