Aldermore has relaunched a range of products across its landlord and residential mortgages for new and existing customers by up to 65 basis points.
Highlights of the bank’s changes include:
Buy to let
For individual and company landlords with single residential investment properties
For individuals, companies, houses in multiple occupation and multi-unit freehold (up to 6 bedrooms/6 units)
Multi-property product for individual and company landlords with residential investment properties
Multi-property for individuals, companies, houses in multiple occupation and multi-unit freehold (up to 6 bedrooms/6 units)
Large loan houses in multiple occupation and multi-unit freeholds (7 – 12 bedrooms/ 7 – 20 units)
Residential owner-occupied
Standard level 1
High LTV
Standard level 2
The lender says for existing customers across product switch ranges, all products carry no fee.
Residential owner-occupied standard
Residential owner-occupied high LTV
Residential owner-occupied Help to Buy: equity loan
BTLs for Individual and company landlords with single residential investment properties
BTLs for houses in multiple occupation and multi-unit freeholds (up to 6 rooms/6 units)
Aldermore head of mortgages Jon Cooper says: “We remain committed to helping people access the property market, whether its landlords, first-time buyers or existing homeowners wanting to remortgage.
“By reducing the rates across the entire mortgage range and continuing to place a strong emphasis on broker support and expert guidance.”
