Aldermore has launched new limited editions for both landlords and owner occupiers, alongside reduced rates for existing landlord customers looking to product switch.
For new residential owner occupier customers, Aldermore has added a limited edition level 1 five-year fixed rate up to 90% LTV with a fee of £999 and a rate of 5.79% as well as a five-year fixed rat up to 95% LTV with a fee of £999 and a rate of 6.14%.
It has also included a limited edition level 2 five-year fixed rate up to 90% LTV with a fee of £999 and a rate of 6.29%.
The lender has also expanded its buy-to-let (BTL) range with a new limited edition products.
There is now a two-year fixed rate at 75% LTV for individual and company landlords with single residential properties with a 3% fee and rate of 4.09%.
Aldermore has also launched a two-year fixed rate at 75% LTV with a 3% fee and a rate of 4.04% for those with multiple properties and a two-year fixed rate at 75% LTV with a 3% fee at 4.49% for HMOs.
For existing customers, Aldermore has lowered BTL rates.
For individual and company landlords with single residential properties the lender has made reductions of 0.30%. These include a two-year fixed rate up to 85% LTV with rates now starting from 5.99% and a five-year fixed rate up to 85% LTV with rates now starting from 5.79%. Both come with no fee.
HMOs and multi unit freehold products have also been reduced by 0.30% and are fee free.
These include the two-year fixed rate at 80% LTV with a rate of 6.09% and a five-year fixed rate at 80% LTV with a rate of 5.89%.
Aldermore director of mortgages Jon Cooper says: “After reigniting our residential owner occupier range last week, we’re launching new limited edition products for landlords and homeowners.”
“These updates give brokers more flexibility to support clients with competitive, tailored solutions, whether it’s a first home, a move up the ladder, or expanding a property portfolio.”
