Finance

Aldermore announce range revamp

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3rd October 2017

Aldermore has revamped its owner occupier mortgage range across both remortgage and purchase only products, with new rates starting from just 2.38%.

New standard limited edition purchase and remortgage products include two-year fixed rates at 2.38% up to 75% LTV and at 2.68% up to 80% LTV.

Remortgage products have seen cuts of 0.10% and have no upfront fees.

Charles McDowell, Commercial Director, Mortgages, said: “In an environment of consistently low interest rates, it’s tempting for homeowners to relax and go with the flow, when it comes to their mortgage. But if they’re on their lender’s standard variable rate, it’s likely they could get a better deal elsewhere and save money on their monthly payments, or pay off their mortgage quicker.
 
The opportunity to remortgage could also offer customers the chance to free up some cash, giving borrowers, in particular the self-employed, more flexibility.”

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