Close

Aldermore launches new Buy to Let and Help to Buy mortgage products

POSTED: 17th February 2015
IN: Newsroom
Share:

Aldermore has extended the range of buy to let and owner occupied mortgage products it offers.

Available immediately the new products include:

Buy to Let

  • 2 year fixed rates from 4.48% up to 75% LTV and from 4.78% up to 80% LTV
  • 3 year fixed remortgage option with no valuation, legal or completion fees at 5.28% up to 75% LTV and 5.68% up to 80% LTV
  • Term variable rates from 3.93% up to 75% LTV and from 4.48% up to 80% LTV

Help to Buy: mortgage guarantee scheme

  • New 3 and 5 year fixed rates at 5.99% up to 90% LTV and 6.09% up to 95% LTV

Charles Haresnape, Managing Director, Mortgages and Commercial Lending, Aldermore says:

“Aldermore is committed to offering a range of mortgage options to suit individual customer needs and our new buy to let and help to buy products further highlights this commitment. 

“Following the strong growth in mortgage volumes and house prices in 2014, we expect sensible and sustainable growth in the volume of mortgages written this year, with the buy to let likely to experience further growth when the annuity reforms come into force in April.”

Aldermore’s new mortgage products:

New Residential Owner Occupied LTV Completion fee Rate
Help to Buy: mortgage guarantee 3 Year Fixed 90% £999 5.99%
95% 6.09%
Help to Buy: mortgage guarantee 5 Year Fixed 90% £999 5.99%
95% 6.09%
3 Year Fixed (Free Valuation) Remortgage only 75% £0 4.58%
80% 5.08%
85% 5.38%
New Buy to Let LTV Completion fee Rate
2 Year Fixed 75% 2.50% 4.48%
80% 4.78%
3 Year Fixed (Free Valuation) Remortgage only 75% £0 5.28%
80% 5.68%
Term variable (Limited Edition) 75% 3.00% 3.93%
80% 4.48%

 

 **Ends**

 

For further enquiries, journalists can contact:

Nicola York, Cicero Group

Phone:                       020 7297 5965 / 07841 864 107

Email:                        Nicola.york@cicero-group.com

Notes to Editors:

For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page. 

Want to read more?

  • Mortgages
  • Buy To Let
  • Press Release
  • Residential Mortgages

Published: