Aldermore Revamps Residential Mortgage Range

27 May 2021 | Finance

Aldermore bank has today announced reduced rates across its residential owner occupied mortgage range and reintroduced a range of remortgage products providing greater choice for borrowers.

The following fee-free remortgage only products include no product fee, and free standard legal and free standard valuation fees:

  • 2 year fixed 3.48 per cent to 75 per cent LTV
  • 5 year fixed 3.78 per cent to 75 per cent LTV
  • 2 year fixed 3.68 per cent to 80 per cent LTV
  • 5 year fixed 3.98 per cent to 80 per cent LTV

The reduction in rates for the following purchase and remortgage products will include a £999 product fee:

  • 2 year fixed up to 75 per cent LTV – 3.48 per cent reduced to 3.18 per cent
  • 5 year fixed up to 75 per cent LTV – 3.68 per cent reduced to 3.38 per cent
  • 2 year fixed up to 80 per cent LTV – 3.78 per cent reduced to 3.48 per cent
  • 5 year fixed up to 80 per cent LTV – 3.98 per cent reduced to 3.68 per cent

This post has originally been featured in Property Wire.