3mc is offering brokers an enhanced procuration fee of 0.75% on all Aldermore buy-to-let deals up to £500,000, for applications received between 1 May and 31 July.
The offer includes 3mc’s buy-to-let exclusive, which is priced at 4.8% above three-month LIBOR (currently 0.55%) up to a maximum LTV of 75%. It can be used for houses in multiple occupation, multiple units on one title and applications from limited companies (both trading businesses and SPVs)
3mc director Doug Hall said: “We’re delighted to be offering brokers an enhanced procuration fee at a time when activity in the buy-to-let market is continuing to increase. Aldermore’s buy-to-let mortgages are not only competitively priced, but are also suitable for a wide-range of investment types including HMOs, multiple units and limited companies.
“The enhanced procuration fee will be a welcome feature for brokers, who can obtain further information either by phoning 3mc on 0161 962 7800 or by visiting www.3-mc.com where they can also access product information 24/7 via our Virtual Mortgage Desk.”
Rob Lankey, managing director of commercial mortgages at Aldermore, added: “3mc prides itself on giving brokers access to some of the most competitive products in the market, which have now been further enhanced by this proc fee offer. Brokers can also be assured they will also receive a fast a reliable service from Aldermore.”
