"We want to help homeowners who are struggling to refinance after their fixed term ends due to having credit blips or complicated financial histories."
The lender has launched new remortgage products across its level 2 and 3 standard residential range, which have no valuation, legal or product fees.
Level 2 rates start from 3.78% and level 3 rates from 4.28% up to 75% LTV.
In addition, Aldermore has updated rates across its standard residential Level 1 range with rates now starting from 2.68%.
Damian Thompson, director of mortgages at Aldermore, commented: “At Aldermore we want to help homeowners who are struggling to refinance after their fixed term ends due to having credit blips or complicated financial histories.
"It does not seem fair that many borrowers, who have been paying off their mortgage just fine month-to-month on costly reversion rates, shouldn’t have the opportunity to move onto a better deal. Our human approach to lending enables us to consider each case on its individual merits so we can support people to find the right mortgage for them.”
