Aldermore reduces mortgage rates and relaunches 95% LTV range

Aldermore has announced several changes to its mortgage range, reducing rates across its owner occupier products for both new business and retention, as well as reintroducing 95% LTV mortgages.

95% LTV mortgage rates for first-time buyers start from 7.49%.

Across its residential range, all fixed rates have reduced by 0.10% up to 75% LTV, now starting from 5.54%, and by 0.20% up to 80% LTV, starting from 5.79%.

In addition, two and three-year fixed rates with a discounted reversion rate up to 80% LTV are now available for levels 1, 2 and 3.

For existing customers, residential rates have also reduced by 0.10% up to 75% LTV and 0.20% up to 80% LTV.

For existing individual and company landlords with single residential investment properties, Aldermore has introduced a new limited edition two-year fixed rate buy-to-let range, with rates starting from 6.49% up to 70% LTV with no product fee.

Jon Cooper, director of mortgages at Aldermore, commented: “We’re pleased to begin the year with a bang by cutting rates and introducing new products. We want brokers and their clients to know that Aldermore has a wide range of lending options available, catered to their individual needs.

“We’re especially pleased to relaunch into the 95% LTV market, offering compelling options for first-time buyers as they seek to get onto the property ladder for the first time in 2025.”