Aldermore has launched new limited edition mortgage rates for both landlords and owner occupiers, alongside reduced rates for existing landlord customers looking to product switch.
Limited edition residential products include Level 1 five-year fixed rates starting from 5.79% at 90% LTV and 6.14% at 95% LTV. A Level 2 five-year fix at 90% LTV is also available at 6.29%. All products come with a £999 fee.
Aldermore has also launched new two-year fixed rates for buy-to-let borrowers at 75% LTV, starting from 4.04% for portfolio landlords, 4.09% for single residential properties, and 4.49% for HMOs, all with a 3% fee.
For existing buy-to-let customers looking to product switch, rates have reduced by up to 0.30% with no fees. For individual and company landlords with single residential properties, two-year fixed rates now start from 5.99% and five-year fixes from 5.79%, available up to 85% LTV. For HMOs and multi unit freeholds, two-year fixes have reduced to 6.09% and five-year fixes from 5.89%, available at 80% LTV.
Jon Cooper, director of mortgages at Aldermore, commented: “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. At Aldermore, we back brokers to make things happen for their clients.”
