Aldermore is now offering free valuations on all applications for residential owner-occupied products and single residential buy-to-let (BTL) properties, including those submitted on multi-property applications.
In addition, the bank is cutting rates across its mortgage range, reducing its high loan-to-value (LTV) fixed rate mortgages for owner-occupiers by up to 0.35%, alongside reductions of 0.10% on 5-year fixed rates for BTL.
There are further rate reductions on its product switch range for existing owner-occupied and BTL customers.
Meanwhile, Standard Level Two fee free products for owner-occupiers – which were previously for remortgages only – are now available for purchases and remortgages.
Some of its residential owner occupier offerings include LTVs up to 90% with £999 fee plus free valuation, as well as high LTVs with zero fee plus free valuation.
As for its buy-to-let range, all 5-year fixed rates have decreased by 0.10% at 75% LTV, versus previous rates.
Jon Cooper, head of mortgages at Aldermore, said: “The homebuying process is costly and fees can quickly accumulate, which is why we’re delighted to offer free valuations for both owner-occupier and single residential BTL applications.
“We’re also pleased to reduce rates across our mortgage range, giving customers more affordable options and even more choice to support their homebuying goals.”
