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Aldermore debuts limited edition reduced rate resi and BTL loans   

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Aldermore has launched a limited edition run of fixed-rate loans across its buy-to-let range, cut by up to 75 basis points, and its owner-occupied mortgages, down by up to 97bps.

The challenger bank’s BTL range covers:

Individual and company landlords with single residential investment properties

  • Up to 75% loan to value, five-year fixed-rate loans at 5.54%, with a 1.50% fee

Multi-property individuals and company landlords with single residential investment properties

  • Up to 75% LTV, five-year fixed-rate offers at 5.44%, with a 1.50% fee

The residential owner-occupied range, with no fees, covers:

  • Up to 75% LTV, two-year fixed-rate deals at 5.49%
  • Up to 75% LTV, five-year fixed-rate loans at 5.49%

Aldermore head of mortgages Jon Cooper says: “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.

“Our deep expertise and experience mean we’re committed to understanding and supporting customers better.”

Original Article

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