Aldermore reduces rates across BTL and residential owner occupied mortgages

Aldermore today reduces rates across its buy to let (BTL) and residential owner occupier mortgages, offering competitively priced options for both landlords and homeowners.

For new customers, the BTL range has rates reduced by up to 0.20% and for residential owner occupiers, rates are cut by up to 0.50% (up to 80% LTV).

Additionally, there are new residential owner occupier limited edition 2 and 3 year fixed rates (up to 80% LTV), with a 1% discount off AMR* reversion rate.

Jon Cooper, director of mortgages at Aldermore, comments:

“We’re pleased to introduce a wide array of rate cuts to support brokers in finding solutions for their clients. These reductions give both landlords and homebuyers valuable choice and competitive pricing, at a time when the optimism and outlook within the market starts to grow.”

The following rates are available immediately:

For new customers:

BTL

Fixed rates reduced by up to 0.20%

Residential owner occupiers

Up to 80% LTV

Fixed rates reduced by up to 0.50%
New limited edition 2 year and 3 year fixed rates with a discounted reversion rate

For existing customers:

BTL

All fixed rates reduced by 0.20%

Residential owner occupier

Up to 80% LTV

Fixed rates reduced by up to 0.40%

Notes to editors

*AMR is a variable rate set by Aldermore.

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