Aldermore has cut rates among its buy-to-let and residential owner-occupied ranges by up to 35 basis points.   

The specialist bank has also launched a five-year fixed-rate 65% loan-to-value limited edition BTL product and has relaunched its five-year fixed-rate, fee-free, landlord loan.  

Highlights among the lender’s reductions include:   

Individual and company landlords with single residential investment properties  

New products  

• Five-year 65% loan to value limited edition fixes, with a 7% fee, at 4.69%  
• Relaunches five-year fixes, with no fee option, at 6.29%  

Multi-property product for Individual and company landlords with residential investment properties  

New products  

• New five-year 65% LTV limited edition fixes, with a 7% fee, at 4.59%  
• Relaunches five-year fixes, with no fee option, at 6.19%  

The relaunch of five-year fixes with zero fee options include:

• Individual and company landlords with single residential investment properties at 6.29%  
• Multi-property product for individual and company landlords with residential investment properties at 6.19%  
• Houses in multiple occupation and multi-unit freehold blocks (up to six bedrooms/six units) at 6.79%  

Residential owner-occupied rate changes for new customers  

• All two-year fixes, reduced by 30bps, rates start at 5.94%  
• All five-year fixes, reduced by 30bps, rates start at 5.54%  

Loyalty residential owner occupied & Buy to Let rate changes

Residential owner-occupied  

• All two-year fixes, reduced by 30bps, rates start at 5.94%  
• All five-year fixes, reduced by 30bps, rates start at 5.64%  

BTL Individual and company landlords with single residential investment properties  

• All two-year fixes, reduced by 35bps, rates start at 6.64%  
• All five-year fixes, reduced by 20bps, rates start at 6.29%  

Aldermore head of mortgages Jon Cooper says: “Often existing customers miss out from favourable rates targeted at new customers, so we’re pleased to offer rate reductions for both new and loyal residential owner occupied and buy to let customers, helping their money go further during these challenging times.”