- Residential term variable rate - now 3.98% to 80% LTV, down from 4.28%
- Buy-to-let 2 year fixed rate – now 4.98% to 80% LTV, down from 5.78%.
- Buy-to-let term variable – now 4.48% to 75% LTV, down from 4.98%
- Family Guarantee Mortgage – 2 & 3 year fixed rates reduced to 5.48% from 95% to 100% LTV, down from 5.98%
Charles Haresnape, Managing Director of Aldermore Residential Mortgages, said:
“We’re delighted to announce these rate reductions at a time when the mortgage market traditionally slows-down over the winter period. These rate cuts will be for a limited period only, so brokers need to submit cases as soon as possible to avoid disappointment.”