Aldermore has reduced rates across its owner occupier products and reintroduced 95% loan-to-value (LTV) mortgages in a bid to support first-time buyers (FTBs).
For new customers, all residential owner occupier rates up to 75% LTV have been reduced by 0.10%, with rates starting from 5.54%.
In addition, all rates up to 80% LTV have been reduced by 0.20%, with rates starting from 5.79%.
The reintroduction of 95% LTV mortgages will see rates start at 7.49%.
For existing customers, Aldermore has added a new 2-year fixed limited edition product with rates from 6.49%, up to 70% LTV and no product fee for individual and company landlords with single residential investment properties.
In its residential owner occupier range for exisiting customers, all rates up to 75% LTV have been reduced by 0.10%, while rates up to 80% have also seen a 0.20% reduction.
Jon Cooper, director of mortgages at Aldermore, said: “We’re pleased to begin the year with a bang by cutting rates and introducing new products.
“We want brokers and their clients to know that Aldermore has a wide range of lending options available, catered to their individual needs.
“We’re especially pleased to relaunch into the 95% LTV market, offering compelling options for first time buyers as they seek to get onto the property ladder for the first time in 2025.”
