Aldermore launches new and reduced residential and buy-to-let rates

Aldermore has introduced a new range of limited edition residential and buy-to-let mortgage rates.

New residential level 1 rates have launched at 80% LTV, with two-year fixed rates from 5.79% and five-year fixes from 5.34%, all with no product fee.

The limited edition buy-to-let rates have zero, 1.50% and 5% fee options available.

For individual and company landlords with single residential investment properties, reduced five-year fixed rates at 65% LTV now start from 4.89%, with a new five-year fix at 75% LTV from 4.99%.

Multi property products for individual and company landlords with residential investment properties include reduced five-year fixes at 65% LTV from 4.79% and a new five-year fix at 75% LTV from 4.89%.

Mark Gordon, director of mortgages at Aldermore, commented: “Whether you’re a landlord, a first-time buyer, or moving home, we’ll always do our utmost to support you at Aldermore. We’re pleased to make these rate reductions for a wide range of borrowers, enabling as many people as possible to go for it in life and business.”