Aldermore has made significant changes to its mortgage offerings in order to help both homeowners and landlords find the mortgage that’s right for them.
These changes include launching a new range of discounted variable as well as fixed rate buy-to-let and residential owner-occupied mortgages.
Jon Cooper, head of mortgages at Aldermore, said: “We’re delighted to introduce improvements to our mortgage range, providing new pricing to support prospective and existing homeowners and landlords.
“Right now, people need a different type of bank, one that gets finance where it’s needed.
“Our latest changes will deliver more options to borrowers looking to find the right deal for them.”
Some highlights from the new residential owner-occupied mortgages include 2-year discount rates with ‘switch to fix’ option – a residential owner-occupied standard level 1 with £999 fee at 5.23% to 80% LTV, and a residential owner-occupied high LTV with £999 fee, at of 5.73% to 90% LTV.
As well as this, Aldermore introduced a large range of reduced residential owner occupied 2- and 5-year fixed rates.
A variety of residential owner-occupied standard level 1 with £999 fee are now available, including a 2- and 5-year fixed 6.68% to 75% LTV, and a 2-and 5-year fixed 6.68% to 75% LTV.
In addition, the Bank also introduced new deals across an abundance of its various residential ranges, including its residential owner-occupied standard level 1 with zero fee, residential owner-occupied high LTV with £999 fee, residential owner-occupied high LTV with zero fee, and its residential owner occupied level 2 range with zero fee (remortgage only).
As for its buy-to-let mortgage range, Aldermore has launched new buy-to-let 2-year discount rates with ‘switch to fix’ option.
These changes can be seen across its buy-to-let offerings, benefitting individual landlords with single residential investment properties, company landlords with single residential investment properties, HMO and multi-unit freeholds as well as multi property individuals and company landlords with single residential investment properties.
Finally, the Bank as also introduced new buy-to-let 2- and 5-year fixed rates, including a 2-year fixed with 1.50% fee, 6.99% to 75% LTV, a 5-year fixed with 1.50% fee, 7.29% to 75% LTV, a 2-year fixed with 1.50% fee, 7.29% to 75% LTV, and many more.
