Aldermore has cut several of its rates by up to 20bps, while introducing a range of 75% options for new and existing customers alike.
With immediate effect, new customers benefit from two- and five-year fixed rates on individual and multiple property mortgages now starting from 3.99% and 3.94% respectively.
Several new two- and five-year products have also been added, with fee options ranging from £1,999 to 7%.
Rates have also been cut for existing customers (product switch) on two-year fixed rates for individual properties, now starting from 6.79%.
Additionally, three new five-year fixed zero fee mortgages — across a range of LTVs from 70% to 85% — have been introduced for these existing customers.
“At Aldermore, we’re committed to delivering real value for brokers and their landlord clients, whether they’re purchasing their first investment property or expanding a more complex portfolio,” said Jon Cooper, director of mortgages at Aldermore.
“We understand that every landlord’s situation is different, which is why we’re focused on giving brokers the flexibility and choice they need to find the right solution.
“Our latest rate reductions, alongside the reintroduction of discount products and a broader range of fee options, are designed to help brokers support their clients in a changing market.”
