Aldermore has launched a pair of limited edition five-year buy-to-let mortgages for landlords, with a 5% fee on both single property and multi-property products.

For individual and company landlords with single residential properties, the lender is offering a fixed rate of 4.34% up to 75% loan-to-value.

For those with portfolios of residential investment properties, a multi-property product is available at 4.29%, also up to 75% LTV. Both are open to new customers from today.

The launches follow a period of product and criteria changes at Aldermore, designed to sharpen its buy-to-let proposition. In recent months, the lender has introduced free valuations on single HMOs of up to six bedrooms, reduced interest cover ratio thresholds, and a tailored case management service for applications.

It has also made adjustments to its conveyancing process to allow for greater flexibility.

Jon Cooper, director of mortgages at Aldermore, said: “We continue to passionately back our brokers and their clients. This sits at the very heart of our lending business and good landlords are a major part of that client base.

“We’re always looking for ways to offer them better value and make clever criteria tweaks where we can, so they can manage their portfolios effectively and provide a positive service for their tenants.”