"No lender can ever take a broker’s business for granted, and we’re proud to stand alongside them as a trusted partner"
- Jon Cooper - Aldermore
Aldermore has announced rate cuts across its residential owner-occupier and buy-to-let ranges, with the changes available to both new and existing customers. The lender has also introduced limited edition buy-to-let products aimed at individual and company landlords.
New customers
Residential owner occupiers
Level 1, 2 and 3: 2-year fixed rates under 80% LTV reduced by 0.15%, starting from 5.29%
Level 1, 2 and 3: 5-year fixed rates under 80% LTV reduced by 0.10%, starting from 5.14%
Level 1 and 2: 2- and 5-year fixed rates at 85% LTV reduced by 0.20%, starting from 5.69%
Buy to let
Limited edition 2-year fixed rate at 75% LTV with a 5% fee, for individual and company landlords with single residential properties, available at 3.29%
Limited edition 2-year fixed rate at 75% LTV with a 5% fee, for landlords with multi-property portfolios, available at 3.24%
5-year fixed rates for individual and company landlords with single residential properties reduced by 0.10%, with fee options ranging from zero fee to £1,999, starting from 4.34%
5-year fixed rates for multi-property landlords reduced by up to 0.15%, with the same fee options, starting from 4.29%
HMO and multi-unit freehold, including multi-property:
2-year fixed rates reduced by 0.10%, with fee options of zero, 3% and 5%, starting from 3.54%
5-year fixed rates reduced by up to 0.15%, with fee options from zero to £1,999, starting from 4.39%
Existing customers (product switch)
Residential owner-occupier
Fixed rates under 85% LTV reduced by up to 0.20%, starting from 5.34%
Buy to let
2-year fixed rates for individual and company landlords with single residential properties reduced by 0.10%, starting from 6.29%
5-year fixed rates reduced by up to 0.30%, starting from 6.09%
Jon Cooper, director of mortgages at Aldermore, commented: “At Aldermore, we’re committed to delivering real value for brokers and their clients, whether they’re landlords expanding their portfolios or owner-occupiers taking their next step. We understand that every client’s situation is unique, and that’s why we work hard to provide brokers with the tools, flexibility, and support they need to find the right solutions."
"Our latest rate reductions, combined with our continually evolving criteria, reflect our dedication to help brokers unlock more opportunities and deliver better outcomes. No lender can ever take a broker’s business for granted, and we’re proud to stand alongside them as a trusted partner.”
