Aldermore issues new resi and BTL products | Mortgage Strategy

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Aldermore has announced a host of new residential and buy-to-let (BTL) offerings.

In the residential range, all of the new products charge a £999 fee. They consist of, at up to 75% LTV, a two-year fix at 7.28% and a five-year fix at 7.48%.

And at up to 80% LTV, Aldermore is offering at two-year fix at 7.48% and a five-year fix at 7.68%.

At up to 85% LTV, the two-year fix comes in at 7.84% and the five-year fix at 8.24%, and at up to 90% LTV, the two-year fix is 8.88% and the five-year fix, 9.28%.

These products are available for home movers, first-time buyers, the self-employed, and borrowers looking to remortgage.

In the BTL space, Aldermore is offering, at up to 75% LTV, a five-year fix with 1.50% fee at 7.69% for individual landlords with a single residential investment property.

The same rate and fee applies for a five-year fix for company landlords with a single residential investment property.

For multi-property individuals and company landlords with a single residential investment property, the 75% LTV five-year fix with zero fee is 7.89% and, for houses in multiple occupation and multi-unit freeholds, the lender is offering a 75% LTV five-year fix with 1.50% fee at 7.99%.


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