Aldermore reduces rates across BTL and residential mortgage ranges

Aldermore reduced rates across its buy-to-let (BTL) and residential owner-occupier mortgages, offering competitively priced options for both landlords and homeowners.

For new customers, the BTL range has rates reduced by up to 0.20% and for residential owner occupiers, rates have been cut by up to 0.50% for products up to 80% loan-to-value (LTV).

Aldermore also launched new residential owner-occupier limited edition 2- and 3-year fixed rates up to 80% LTV, with a 1% discount off AMR reversion rate.

Jon Cooper, director of mortgages at Aldermore, said: “We’re pleased to introduce a wide array of rate cuts to support brokers in finding solutions for their clients.

“These reductions give both landlords and homebuyers valuable choice and competitive pricing, at a time when the optimism and outlook within the market starts to grow.”

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