Aldermore relaunches residential & buy-to-let mortgage ranges

By Bridging Loan Directory -

 

Aldermore, the British challenger bank, has re-launched its standard range of residential & buy-to-let mortgages with lower rates throughout the range:

Residential range features

  • 2 yr fixes from 4.58%, 3yr fixes from 4.48% and 5 yr fixes from 4.68%
  • 1 yr discounts from 4.58%, 2 yr discounts at 4.28% & term variable rate of 4.28%
  • All completion fees now just £999

Buy-to-let range features

  • 2 yr fixes from 4.78%, 3 yr fixes from 4.48% and 5 yr fixes from 4.98%
  • 2 yr discounts from 4.48% & term variable rates from 4.48%

 

Charles Haresnape, Managing Director of Aldermore Residential Mortgages, said:

“Many of our mortgage rates have been revised downwards, making our entire range of residential and buy-to-let mortgages extremely competitive. I’m sure this will be welcome news for brokers, who are looking for developments that will help breathe life into the mortgage market once again.”

Aldermore is continuing to market its innovative Family Guarantee Mortgage, designed to help hard-pressed homebuyers struggling to raise a big enough deposit. Aldermore is also a participating in the government backed NewBuy scheme and has a range of specialist products available via a number of leading property developers based throughout the UK.