"We’re pleased to begin the year with a bang by cutting rates and introducing new products."
- Jon Cooper, director of mortgages at Aldermore
Aldermore has announced several changes to its mortgage range, reducing rates across its owner occupier products for both new business and retention, as well as reintroducing 95% LTV mortgages.
95% LTV mortgage rates for first-time buyers start from 7.49%.
Across its residential range, all fixed rates have reduced by 0.10% up to 75% LTV, now starting from 5.54%, and by 0.20% up to 80% LTV, starting from 5.79%.
In addition, two and three-year fixed rates with a discounted reversion rate up to 80% LTV are now available for levels 1, 2 and 3.
For existing customers, residential rates have also reduced by 0.10% up to 75% LTV and 0.20% up to 80% LTV.
For existing individual and company landlords with single residential investment properties, Aldermore has introduced a new limited edition two-year fixed rate buy-to-let range, with rates starting from 6.49% up to 70% LTV with no product fee.
Jon Cooper, director of mortgages at Aldermore, commented: “We’re pleased to begin the year with a bang by cutting rates and introducing new products. We want brokers and their clients to know that Aldermore has a wide range of lending options available, catered to their individual needs.
“We’re especially pleased to relaunch into the 95% LTV market, offering compelling options for first-time buyers as they seek to get onto the property ladder for the first time in 2025.”
