Aldermore has announced that it has reduced rates across its buy-to-let and residential owner-occupier mortgages.
For new customers, the BTL range has rates reduced by up to 0.20% and for residential owner-occupiers, rates are cut by up to 0.50% (up to 80% LTV).
Additionally, there are new residential owner-occupier limited edition 2 and 3-year fixed rates (up to 80% LTV), with a 1% discount off AMR reversion rate.
For new customers, fixed rates on buy-to-let products have been reduced by up to 0.20%, and fixed rates have been reduced by up to 0.50% for residential owner-occupiers (up to 80% LTV). New limited edition 2-year and 3-year fixed rates with a discounted reversion rate.
For existing customers:
On BTL, all fixed rates have been reduced by 0.20%.
Residential owner occupier (up to 80% LTV) have seen fixed rates come down by up to 0.40%
Jon Cooper, director of mortgages at Aldermore, comments: “We’re pleased to introduce a wide array of rate cuts to support brokers in finding solutions for their clients. These reductions give both landlords and homebuyers valuable choice and competitive pricing, at a time when the optimism and outlook within the market starts to grow.”
