Aldermore has introduced a series of new buy-to-let limited edition products for landlords while also reducing rates across its residential owner occupier range for both new customers and existing borrowers switching products.
In the buy-to-let range, Aldermore has launched new limited edition products for both individual and company landlords.
These include a 2-year fixed rate at 75% LTV with no fee, available at 5.79% for single residential properties, and a separate 2-year fixed rate at 75% LTV with no fee, available at 5.74% for multi-property portfolios.
For new residential customers, Level 1 2- and 3year fixed rates have been cut by up to 0.21%, starting from 5.08%, while Level 1 5-year fixes are reduced by up to 0.15%, with rates from 5.09%.
Level 2 products have been reduced by up to 0.25% across 2-, 3- and 5-year fixes, with rates from 5.45%.
At Level 3, fixed rates have fallen by up to 0.19%, with rates from 5.96%.
For existing residential customers looking to switch, 2-year fixed rates have been reduced by up to 0.21%, with pricing from 5.48%, while 5-year fixes have been reduced by up to 0.15%, with rates from 5.29%.
Jon Cooper, director of mortgages at Aldermore, said: “Our recent financial results reflect the continued strength and momentum of our Property business over the past year.
“We’re fully focused on building on that success, with a clear commitment to supporting our broker partners through competitive rates, compelling criteria, and a service that’s both personable and tailored to the unique needs of every case.
“We know that long-term growth comes from consistently delivering value and that’s exactly what we’re striving for.”
