Home LoanMortgage Aldermore launches new residential and BTL mortgage range

Aldermore launches new residential and BTL mortgage range

by administrator

Aldermore has launched a new range of residential and buy-to-let mortgages.

The specialist lender has reintroduced its standard level one residential owner occupied range and their level two and three range that supports those with more complex borrowing needs.

Two- and five-year fixed rates are available for first-time-buyers, home movers, remortgagers and the self-employed with up to 75% LTV lending available and rates starting at 3.08%.

Aldermore has also reintroduced buy-to-let products with varying fee options, supporting those portfolio landlords looking to purchase or remortgage.

The BTL range offers up to 80% LTV with rates from 3.28%.

Aldermore head of mortgage distribution Jon Cooper says: “Our aim is to help people realise their home ownership dreams by creating mortgage options that fit the needs of today’s borrowers.

“Our human approach and expertise means we’re able to consider each application on its own merits, supporting first time buyers, the self-employed, people with complex income and landlords big and small.”

The full range of Aldermore’s products are listed below.

Residential owner occupied range

Standard level 1 £999 fee range:

Standard level 1 fee free range:

  • Up to 75% LTV, 2 year fixed 3.08%
  • Up to 75% LTV, 5 year fixed 3.28%
  • Up to 80% LTV, 2 year fixed 3.38%
  • Up to 80% LTV, 5 year fixed 3.58%
  • Up to 75% LTV, 2 year fixed 3.38%
  • Up to 75% LTV, 5 year fixed 3.68%
  • Up to 80% LTV, 2 year fixed 3.58%
  • Up to 80% LTV, 5 year fixed 3.88%

High LTV £999 fee range:

High LTV fee free range:

  • Up to 85% LTV, 2 year fixed 4.08%
  • Up to 85% LTV, 5 year fixed 4.28%
  • Up to 90% LTV, 2 year fixed 4.68%
  • Up to 90% LTV, 5 year fixed 4.88%
  • Up to 95% LTV, 2 year fixed 5.28%
  • Up to 95% LTV, 5 year fixed 5.48%
  • Up to 85% LTV, 2 year fixed 4.38%
  • Up to 85% LTV, 5 year fixed 4.58%
  • Up to 90% LTV, 2 year fixed 4.98%
  • Up to 90% LTV, 5 year fixed 5.18%
  • Up to 95% LTV, 2 year fixed 5.58%
  • Up to 95% LTV, 5 year fixed 5.78%

Level 2 with £999 product fee range:

  • 2 year fixed 3.68% to 75% LTV
  • 5 year fixed 3.88% to 75% LTV

Level 2 fee free range:

  • 2 year fixed 3.98% to 75% LTV
  • 5 year fixed 4.28% to 75% LTV

Level 3 with £999 product fee:

  • 2 year fixed 4.18% to 75% LTV
  • 5 year fixed 4.38% to 75% LTV

Level 3 fee free range:

  • 2 year fixed 4.48% to 75% LTV
  • 5 year fixed 4.78% to 75% LTV

Buy-to-let product range:

Individual landlords with single residential investment properties

  • Up to 75% LTV, 2 year fixed 3.48% (with 1.50% product fee)
  • Up to 80% LTV, 2 year fixed 3.98% (with 1.50% product fee)
  • Up to 75% LTV, 5 year fixed 3.48% (with 1.50% product fee)
  • Up to 80% LTV, 5 year fixed 3.98% (with 1.50% product fee)

Company landlords with single residential investment properties

  • Up to 75% LTV, 2 year fixed 3.48% (with 1.50% product fee)
  • Up to 80% LTV, 2 year fixed 3.98% (with 1.50% product fee)
  • Up to 75% LTV, 2 year fixed 3.58% (£1,999 product fee)
  • Up to 80% LTV, 2 year fixed 4.08% (£1,999 product fee)
  • Up to 75% LTV, 5 year fixed 3.48% (1.50% product fee)
  • Up to 80% LTV, 5 year fixed 3.98% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 3.58% (£1,999 product fee)
  • Up to 80% LTV, 5 year fixed 4.08% (£1,999 product fee)
  • Up to 75% LTV, 5 year fixed 3.78% (Zero product fee)
  • Up to 80% LTV, 5 year fixed 4.28% (Zero product fee)

Multi property individuals and company landlords with single residential investment properties

  • Up to 75% LTV, 2 year fixed 3.28% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 3.28% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 3.58% (Zero product fee)

HMO and multi-unit freeholds

  • Up to 75% LTV, 2 year fixed 3.98% (1.50% product fee)
  • Up to 75% LTV, 2 year fixed 4.08% (£1,999 product fee)
  • Up to 75% LTV, 5 year fixed 3.98% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 4.08% (£1,999 product fee)
  • Up to 75% LTV, 5 year fixed, 4.28% (Zero product fee)

Buy-to-let multi property for HMO and multi-unit freeholds

  • Up to 75% LTV, 2 year fixed 3.78% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 3.78% (1.50% product fee)
  • Up to 75% LTV, 5 year fixed 4.08% (Zero product fee)

Finopulse

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Finopulse.
Publisher: Rebekah Commane

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