Aldermore cuts mortgage rates for limited period

British challenger bank Aldermore is cutting its mortgage rates on the following products for a limited period:

Related topics:  Mortgages
Amy Loddington
11th December 2012
Mortgages
- 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.”
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