Aldermore launches limited edition range with cashback option

Aldermore has launched a limited edition range of buy-to-let (BTL) and residential owner-occupied mortgages.

For individual and company landlords with single residential investment properties, the lender introduced a limited edition 5-year fixed with 1.50% fee, 6.69% to 75% loan-to-value (LTV), as well as a limited-edition 5-year fixed with 3.00% fee, 6.39% to 75% LTV.

For individual and company landlords with residential investment properties, the firm introduced a limited edition 5-year fixed rate product with 1.50% fee, 6.59% to 75% LTV, as well as a limited edition 5-year fixed with 3.00% fee, 6.29% to 75% LTV.

For residential owner-occupiers, Aldermore launched a cashback limited edition range, with £300 paid upon completion, or a standard free legal incentive for remortgage cases.

The cashback range included a 2-year fixed with zero fee, 7.09% to 75% LTV, and a 5-year fixed with zero fee, 6.74% to 75% LTV.

Ross Dalzell, managing director of property at Aldermore, said: “We’ve been looking for ways to react more quickly and decisively to market volatility, listening closely to what our brokers need during what’s been an especially challenging time.

“This is one of several initiatives planned and we’ll continue to innovate for their benefit moving forward.”

The above new products will be available from Wednesday the 26th of July.

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