Aldermore launches new limited editions and cuts rates by up to 0.25%
The lender has launched limited edition buy-to-let products and reduced residential rates across its range.
Aldermore has launched new buy-to-let limited edition products, alongside reduced rates across its residential range for both new and existing customers looking to product switch.
In its residential range, Level 1 two and three-year fixed rates have reduced by up to 0.21%, now starting from 5.08%, while five-year fixed rates are down by up to 0.15% and start from 5.09%.
In its Level 2 range, rates have decreased by up to 0.25%, starting from 5.45%, and Level 3 rates are down by up to 0.19% to start from 5.96%.
For residential borrowers looking to product switch, two-year fixed rates have reduced by up to 0.21%, now starting from 5.48%, while five-year fixes are down by up to 0.15% and start from 5.29%.
In its buy-to-let range, new limited edition two-year fixed rates have launched at 75% LTV with no fee, starting from 5.79% for landlords with single residential properties and 5.74% for portfolio landlords.
Jon Cooper, director of mortgages at Aldermore, commented: “Our recent financial results reflect the continued strength and momentum of our property business over the past year. We’re fully focused on building on that success, with a clear commitment to supporting our broker partners through competitive rates, compelling criteria, and a service that’s both personable and tailored to the unique needs of every case. We know that long-term growth comes from consistently delivering value and that’s exactly what we’re striving for."
