Aldermore is refreshing its buy-to-let, residential owner occupied and product switch ranges with rate reductions from Friday 6 October 2023.
In its buy-to-let range, the lender is set to reduce rates across its houses in multiple occupation (HMO) offering, as well as its multi-unit freehold (MUFB) products.
A new limited edition 5-year fixed will also be launched – with 5% fee at 5.29% for individuals and companies and at 5.19% for multi property with single residential investment properties up to 75% loan-to-value (LTV).
Rates across Aldermore’s residential standard level 1 range, standard level 2 and high LTV products will also benefit from reductions, with new products from 65% LTV set to launch.
As for its product switch range, rates across its standard range, high LTV and Help to Buy: equity loan, ranges will also be reduced.
Jon Cooper, head of mortgages at Aldermore, said: “We remain committed to helping people access the property market, whether its landlords, first-time buyers or existing home owners wanting to remortgage.
“By reducing the rates across the entire mortgage range and continuing to place a strong emphasis on broker support and expert guidance, I’m delighted that we are able to help brokers find solutions for today’s clients.”
