The challenger bank said it wished to support landlords investing through limited companies and put consumer and limited company buy to let on a level playing field.
In addition, Aldermore has reintroduced its buy-to-let two year fixed rate deal for individuals at 4.68% for an 80% LTV.
Charles Haresnape, Aldermore’s group managing director, mortgages, said: “Feedback from our brokers shows an increase in the number of enquiries for buy-to-let products through limited companies. It is important that we are flexible to the investment patterns of our customers, and we have responded by levelling the playing field between our consumer and company buy-to let rates.
“With one in five properties in the UK owned by a private landlord, the private rental sector is a hugely important component of the housing market, and supporting buy-to-let landlords is crucial at a time when housing supply pressures have seen the number of number of households renting rise from 2.3m in 2001 to 5.4m in 2014.”
In the so-called summer budget in July, Chancellor George Osborne announced a cut to the tax relief available to residential landlords which will begin to be phased in over four years from 2017.
Limited companies remain exempt from the tax changes, driving a raft of lender launches of limited company tax wrapper products to shelter investors.
In the Autumn Statement, Osborne also announced a 3% Stamp Duty premium on all purchases of second or investment homes, which starts in April 2016.
