Rate reductions are up to 0.75% for BTL landlords and up to 0.97% for owner-occupiers
Aldermore has announced a limited edition run of reduced fixed rates across its buy-to-let and owner-occupied mortgages.
The new limited edition rate reductions are up to 0.75% for landlords and up to 0.97% for owner-occupiers.
Available to individual landlords and company landlords with single residential investment properties is a 5.54% five-year fixed rate product at up to 75% loan-to-value (LTV) with a 1.50% fee. Multi property individuals and company landlords with single residential investment properties can avail of the 5.44% five-year fixed rate at up to 75% LTV with a 1.50% fee.
Under the lender’s residential owner-occupied mortgage range with zero fees are two- and five-year fixes up to 75% with rates of 5.49%.
The introduction of these new rates follows rate cuts from Aldermore in mid-January, when the lender announced reductions of up to 1% on buy-to-let rates and up to 0.84% on owner-occupied mortgages.
“We want to help people to go for it in life and business, so we’re delighted to announce improvements to our mortgage range for both landlords and owner-occupiers,” Jon Cooper (pictured), head of mortgages at Aldermore Bank, commented.
“Our deep expertise and experience mean we’re committed to understanding and supporting customers better. We treat people as individuals and our ultimate aim is to give more people the chance to get the finance they need.”
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