Aldermore reduces rates across buy-to-let and owner-occupied mortgages

Aldermore has cut rates across its buy to let and owner-occupied mortgages, helping both home movers and landlords to find the mortgage that’s right for them.

The changes will be available immediately for both new and existing customers.

Changes to its buy to let offerings include reductions across its range for individual landlords with single residential investment properties.

Offerings in this range include a 2-year discounted rate at 5.98%, up to 75% loan-to-value (LTV), a 2-year fixed 6.29% (with 1.50% fee), up to 75% LTV, and a 5-year fixed 6.29% (with 1.50% fee), up to 75% LTV.

Aldermore’s buy-to-let offerings also sees reductions across its company landlords with single residential investment properties range, its HMO and multi-unit freeholds range, its multi property individuals and company landlords with single residential investment properties range, and more.

Jon Cooper, head of mortgages at Aldermore, said: “We’re delighted to announce improvements across our mortgage range to better support prospective and existing homeowners and landlords, especially when so many people are facing stark challenges compared to this time last year.

“Aldermore is always here to help those overlooked by the bigger high street banks, getting finance where it’s needed and helping more people to go for it in life and in business.”

As for its residential owner-occupied mortgage range, deals include its standard level 1 £999 fee range which sees discounts across 2-, and 5-year fixed rates.

Its standard level 1 no fee range boasts fixed rates such as a 2-year fixed 6.46%, up to 75% LTV, a 5-year fixed 6.31%, up to 75% LTV, and a 2-year fixed 6.86%, up to 80% LTV.

Reductions are also seen across Aldermore’s high LTV £999 fee range, its high LTV £0 fee range, Standard level 2 £999 fee range, and its Standard level 2 with £0 fee range (remortgage only).

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