We've made the decision to increase rates across our buy to let 65% LTV limited edition range and launch a new 75% LTV range from Tuesday, 30 April.

All our buy to let limited edition rates will be withdrawn from 6pm Monday 29 April. We’ll process pipeline applications as usual and if you'd like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is 6pm Monday 29 April.

We'll be launching our new buy to let range from Tuesday 30 April.

From Tuesday 30 April

• We’re launching a new range of 75% LTV buy to let products.
• We’re launching new 65% LTV limited edition buy to let products.

For new applications only.

From Tuesday 30 April you'll find all our new rates in our buy to let mortgage guide.

All our buy to let 75% LTV rates will be withdrawn from 6pm Friday 12 April and we'll continue to accept DIPs submitted in the portal up to 6pm Friday 12 April.

We’ll be back with new buy to let 75% LTV rates soon.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is 6pm Friday 12 April.

We've re-launched our buy to let product switch rates at 75% to 85% LTV for individual and company landlords with single residential investment properties, HMOs and multi unit freeholds.

You can find all our product switch rates in our Product Switch Mortgage Guide.

Buy to let individual and company landlords with single residential investment properties 

• NEW 5 year fixed with zero fee, 5.89% to 65% LTV
• NEW 5 year fixed with 1.50% fee, 5.59% to 65% LTV
• 5 year fixed with 5.00% fee, 4.89% to 65% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• NEW 5 year fixed with zero fee, 5.79% to 65% LTV
• NEW 5 year fixed with 1.50% fee, 5.49% to 65% LTV
• 5 year fixed with 5.00% fee, 4.79% to 65% LTV

For new applications only.

You'll find all our new rates in our buy to let mortgage guide.

We’re constantly looking for ways to help more of your clients who need a specialist approach to lending. We’ve once again listened to your feedback and here’s our latest changes that support with affordability and give you more options to say ‘yes’ to your clients.

We’re increasing our self-employed lending limits:

We’re increasing our maximum LTV to 90% from 85% for owner occupied self-employed customers with less than 2 years' trading.

• Customers with 1 year's accounting information will be considered, but we’ll also require their last 3 months' business and personal bank statements
• We may request other supporting documentation, such as evidence of previous employment in similar line of work, guaranteed income for next accounting period or accounts for the first 6 months of the current financial year that demonstrate the income is stable or increasing

We’re increasing our allowable income:

We’re increasing the percentage of income sources that can be used as part of a client's affordability on both owner occupied and buy to let applications.

• We’ll now use 100% of evidenced income on overtime, bank nursing, universal credit, working tax credit, child tax credit and disability allowance
• We’ll also now use 75% of evidenced income on commission and bonus, up from 50%

We’re increasing our offer validity period:

We’re increasing our standard offer validity period on new applications from 90 to 120 days to give you extra time and flexibility to complete your case.

• This change affects all applications submitted from 26 February 2024. All offers issued before this date will remain unchanged
• If you’re unable to complete within 120 days, your application will need to be rekeyed as we’re unable to accept extensions beyond this time
• There’s no change to the offer validity period for new build applications, this remains at 180 days

For more information on the changes, please read our criteria guides:

Residential mortgages lending criteria

Buy to let criteria guide

We hope these changes will benefit your clients. If you have any questions, please contact your Relationship Manager or call our BDMs on 0333 321 1000.

It's our commitment to you that we'll give you at least one full working days notice of any product withdrawal. That's why we wanted to let you know that we've made the decision to increase rates across our buy to let, residential owner occupied and product switch range, and launch a new range from Tuesday.

We're making important updates to our mortgage portals this weekend and they'll be temporarily offline, sorry for any inconvenience.

We’ll process pipeline applications as usual and if you'd like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is 6pm Monday 26 February.

For product switch rates you’ll need to secure an offer by 6pm Monday 26 February, which will then be valid for 7 days.

We'll be launching our new rates from Tuesday 27 February.

New residential owner occupied, buy to let and product switch mortgage rates - from Tuesday 27 February

We're relaunching our buy to let, residential owner occupied and product switch mortgage rates, helping you find the right mortgage product for your clients.

We’re also introducing new limited edition buy to let products

Buy to let individual and company landlords with single residential investment properties 

• 5 year fixed with 5% fee, 4.99% to 65% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• 5 year fixed with 5% fee, 4.89% to 65% LTV

We've re-launched our buy to let, residential owner occupied and product switch mortgage rates, helping you find the right mortgage product for your clients.

We’ve also introduced new limited edition residential owner occupied products

New limited edition 2 year fixed rates up to 90% LTV with a 1% discount off AMR* reversion rate.

*AMR is a variable rate set by Aldermore.

You’ll find information on all our rates in our mortgage guides:

Residential mortgage guide

Buy to let mortgage guide

­­Product switch mortgage guide

It's our commitment to you that we'll give you at least one full working days notice of any product withdrawal. That's why we wanted to let you know that we've made the decision to increase rates across our buy to let, residential owner occupied and product switch range.

All our fixed rate products will be withdrawn from 6pm Wednesday 7 February and we'll continue to accept DIPs submitted in the portal up to 6pm Wednesday 7 February.

We’ll be launching our new rates from Thursday 8 February.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is 6pm Wednesday 7 February.

For product switch rates you’ll need to secure an offer by 6pm Wednesday 7 February, which will then be valid for 7 days.

Residential owner occupied

Reduced rates across our standard level 1 range and new 95% LTV rates.

Fixed rates from 6.59% up to 95% LTV

We’re increasing our maximum LTVs to 90% LTV for new build houses and 85% LTV for new build flats.

We’re also increasing our maximum LTV for remortgages when capital raising for debt consolidation, business purposes and other non-property related purposes to 85% LTV.

Buy to let

We’re reducing rates across our buy to let range including HMOs and multi unit freehold products.

Our 5 year fixed with 7% fee will be reduced to 4.39% for individuals and companies and 4.29% for multi property with single residential investment properties up to 75% LTV.

Product switch

We’re reducing rates across our standard range, high LTV and buy to let range including HMOs and multi unit freehold products.

You’ll find information on all our rates in our mortgage guides:

Residential mortgage guide

Buy to let mortgage guide

Product switch mortgage guide

We’ve reduced rates across our buy to let, residential owner occupied and product switch range, helping you find the right mortgage product for your clients.

You’ll find information on all the reduced rates in our mortgage guides:

Buy to let mortgage guide

Residential mortgage guide

­­Product switch mortgage guide

We’ve also introduced new buy to let mortgage products

Individual and company landlords with single residential investment properties

New 5 year fixed 65% LTV limited edition with a 7% fee at 4.69%

Multi property for individual and company landlords with residential investment properties

New 5 year fixed 65% LTV limited edition with a 7% fee at 4.59%

Buy to let

Individual and company landlords with single residential investment properties

New limited edition 5 year fixed with 5% fee, 5.09% up to 65% LTV

Multi property product for individual and company landlords with residential investment properties

New limited edition 5 year fixed with 5% fee, 4.99% up to 65% LTV

You'll find all our rates in our buy to let mortgage guide.

Residential owner occupied

New 3 year fixed rates 65% to 90% LTV with £999 or zero fee option from 5.99% 

New 5 year fixed rates 65% to 90% LTV with a £1,999 fee from 5.84%

You'll find all our rates in our residential mortgage guide.

We’ve reduced rates across our buy to let range including HMOs and multi unit freehold products.
 
New limited edition 5 year fixed with 5% fee at 5.29% for individuals and companies and 5.19% for multi property with single residential investment properties up to 75% LTV.

You'll find all our new rates in our buy to let mortgage guide.

We’ve reduced rates across our standard level 1 range, with new products from 65% LTV.
We’ve also reduced our standard level 2 and high LTV products.

You'll find all our new rates in our residential mortgage guide.

We’ve reduced rates across our standard range, high LTV and Help to Buy: equity loan. We’ve also reduced rates across our buy to let range including HMOs and multi unit freehold products.

You'll find all our new rates in our product switch mortgage guide.

Buy to let individual and company landlords with single residential investment properties

• 5 year fixed with 7% fee, 5.09% to 75% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• 5 year fixed with 7% fee, 5.09% to 75% LTV

Buy to let individual and company landlords with single residential investment properties

• Reduced 5 year fixed with 5% fee, 5.49% to 75% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• Reduced 5 year fixed with 5% fee, 5.49% to 75% LTV

Buy to let individual and company landlords with single residential investment properties 

• Limited edition 2 year fixed with 3% fee, 5.74% to 75% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• Limited edition 2 year fixed with 3% fee, 5.74% to 75% LTV

Buy to let

Buy to let for individual and company landlords with single residential investment properties

•  2 year fixed with 1.50% fee, 6.59% to 75% LTV
• 5 year fixed with 1.50% fee, 6.59% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.49% to 75% LTV
• 5 year fixed with zero fee, 6.89% to 75% LTV
• 5 year fixed with 3.00% fee, 6.29% to 75% LTV
• 5 year fixed limited edition with 5.00% fee, 5.69% to 75% LTV

Buy to let for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.99% to 75% LTV
• 5 year fixed with zero fee, 7.39% to 75% LTV
• 5 year fixed with 3.00% fee, 6.79% to 75% LTV

Buy to let multi property product for Individual and company landlords with residential investment properties

• 2 year fixed with 1.50% fee, 6.49% to 75% LTV
• 5 year fixed with 1.50% fee, 6.49% to 75% LTV
• 5 year fixed with zero fee, 6.79% to 75% LTV
• 5 year fixed with 3.00% fee, 6.19% to 75% LTV
• 5 year fixed limited edition with 5.00% fee, 5.59% to 75% LTV

Buy to let multi property for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with zero fee, 7.29% to 75% LTV
• 5 year fixed with 3.00% fee, 6.69% to 75% LTV

Buy to let large loan HMOs and multi unit freehold (7 – 12 bedrooms / 7 – 20 units)

• 2 year fixed with 1.50% fee, 7.19% to 75% LTV
• 5 year fixed with 1.50% fee, 7.19% to 75% LTV
• 5 year fixed with zero fee, 7.49% to 75% LTV
• 5 year fixed with 3.00% fee, 6.89% to 75% LTV

Residential owner occupied

Residential owner occupied standard level 1*

• 2 year discount with £999 fee, 6.48% to 80% LTV (AMR^ less 3.25%)
• 2 year fixed with £999 fee, 6.74% to 75% LTV
• 5 year fixed with £999 fee, 6.54% to 75% LTV
• 2 year fixed with zero fee, 6.99% to 75% LTV
• 5 year fixed with zero fee, 6.64% to 75% LTV
• 2 year fixed with £999 fee, 7.24% to 80% LTV
• 5 year fixed with £999 fee, 6.89% to 80% LTV
• 2 year fixed with zero fee, 7.49% to 80% LTV
• 5 year fixed with zero fee, 6.99% to 80% LTV

*The standard level 1 fee free products at 75% & 80% LTV now come with

free legal incentive or £300 cashback for remortgages (cashback paid upon completion)

Residential owner occupied high LTV

• 2 year discount with £999 fee, 7.23% to 90% LTV (AMR^ less 2.50%)
• 2 year fixed with £999 fee, 7.34% to 85% LTV
• 5 year fixed with £999 fee, 6.99% to 85% LTV
• 2 year fixed with zero fee, 7.59% to 85% LTV
• 5 year fixed with zero fee, 7.09% to 85% LTV
• 2 year fixed with £999 fee, 7.64% to 90% LTV
• 5 year fixed with £999 fee, 7.29% to 90% LTV
• 2 year fixed with zero fee, 7.89% to 90% LTV
• 5 year fixed with zero fee, 7.39% to 90% LTV

Residential owner occupied standard level 2

• 2 year fixed with £999 fee, 7.59% to 75% LTV
•  5 year fixed with £999 fee, 7.24% to 75% LTV
• 2 year fixed with zero fee, 7.84% to 75% LTV
• 5 year fixed with zero fee, 7.34% to 75% LTV
• 2 year fixed with £999 fee, 7.89% to 80% LTV
• 5 year fixed with £999 fee, 7.54% to 80% LTV
• 2 year fixed with zero fee, 8,14% to 80% LTV
• 5 year fixed with zero fee, 7.64% to 80% LTV

^The AMR is a variable rate set by Aldermore.

Product Switch

Residential Owner Occupied

Standard

• 2 year discount 6.48% to 80% LTV (AMR^ less 3.25%)
• 2 year fixed 6.74% to 75% LTV
• 2 year fixed 7.24% to 80% LTV
• 5 year fixed 6.64% to 75% LTV
• 5 year fixed 6.99% to 80% LTV

Product switch residential owner occupied high LTV

• 2 year discount 7.23% to 90% LTV (AMR^ less 2.50%)
• 2 year discount 7.73% to 95% LTV (AMR^ less 2.00%)
• 2 year fixed 7.34% to 85% LTV
• 2 year fixed 7.64% to 95% LTV
• 2 year fixed 6.99% to 85% LTV
• 2 year fixed 7.29% to 95% LTV

Product switch residential owner occupied Help to Buy: equity loan

• 2 year discount 6.98% to 75% LTV (AMR^ less 2.75%)
• 2 year fixed 7.29% to 75% LTV
• 5 year fixed 7.19% to 75% LTV

Buy to Let

Product switch buy to let for Individual and company landlords with single residential investment properties

• 2 year fixed 7.09% to 75% LTV
• 2 year fixed 7.34% to 85% LTV
• 5 year fixed 6.69% to 75% LTV
• 5 year fixed 6.94% to 85% LTV

Product switch Buy to let for HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed 7.59% to 80% LTV
• 5 year fixed 7.19% to 80% LTV

^The AMR is a variable rate set by Aldermore.

Aldermore is offering support under the Mortgage Charter to our residential owner occupied mortgage customers who are worried about their mortgage payments. 
 
The Mortgage Charter was introduced by the Government in June 2023 and mortgage lenders have agreed to these new commitments to provide support for borrowers during this difficult time. 
 
This support is available for people who are worried about their mortgage payments due to recent increase in mortgage rates and the cost of living crisis. 
 
Existing customers can apply to temporarily switch to interest only for 6 months, or extend the term of their mortgage, to help them get their finances back on track. Customers who are eligible also have the option to switch to a new mortgage rate, without any new affordability checks. 

For more information, visit our Mortgage Charter webpage. 

Who can apply for support? 

 Anyone worried about their mortgage repayments can contact their lender for help and guidance, without any impact on their credit file 

Support is available for customers who are up-to-date with payments 

Option to switch to a new mortgage deal at the end of their existing fixed rate deal without another affordability check 

Support for your clients 

 If you have an Aldermore client who's looking for support, please ask them to visit our Mortgage Charter website for the latest information.  
 
If they are eligible to switch to a new rate with us, you can visit our product switch portal to apply. 
 
For customers who require more long term support, please encourage them to get in touch with us as soon as possible. They can also visit our money worries page for further support. 

We’ve made a change to our conveyancing process. Landlords can now appoint their own conveyancer to act for specialist buy to let applications purchases, subject to meeting the below criteria from 21 August 2023.

We’ve listened to feedback from our trusted broker partners and made this change to help create a better experience when placing specialist buy to let cases with us.

This replaces the current process of obtaining a quotation from a select group of firms for this type of product.

Our specialist buy to let conveyancing criteria:

• Conveyancers must be registered with us via Lender Exchange
• The firm must have a minimum of two approved Solicitors Regulation Authority (SRA) managers or two Council for Licensed Conveyancers (CLC) authorised managers. You can check these at www.lawsociety.org.uk or www.clc-uk.org.uk
• They must have Conveyancing Quality Scheme (CQS) accreditation (this is applicable to Solicitors only)
• A minimum Professional Indemnity (PI) insurance cover of £2 million. For applications above £2 million, the conveyancer must at all times retain professional indemnity insurance cover which is adequate and appropriate for the practice, considering in particular the nature and value of the work they are undertaking 

What do I need to know?

• We can add a new firm to the panel when requested, subject to meeting the above criteria
• Firms will act on a dual representation basis – acting for the borrower and the bank
• Firms will be sent offer documentation as standard but borrowers can instruct their firm beforehand
• All fees are negotiated directly between the borrower and the acting solicitor
• Assisted legal fees on remortgages will remain under the current process through our managed panel firms

Our specialist buy to let range includes companies with single residential investment properties, HMOs and multi-unit freeholds for individuals and companies.

If you have any further questions, please speak to our team on 0333 321 1000.

Following our 3 month review, AMTR has been set at 5.35%, increasing by 0.75% from 4.60%.

We’re writing to all existing customers who are impacted by this rate change to confirm what their new interest rate and monthly payments will be.

The next AMTR review will take place on 15 November 2023.

Buy to let for individual landlords with single residential investment properties

• Limited edition 5 year fixed with 5.00% fee, 5.89% to 75% LTV

Buy to let for company landlords with single residential investment properties

• Limited edition 5 year fixed with 5.00% fee, 5.89% to 75% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• Limited edition 5 year fixed with 5.00% fee, 5.89% to 75% LTV

Following the 0.25% increase to the Bank of England Base Rate, we’re increasing the Aldermore Managed Rate (AMR)* from 9.48% to 9.73%.

The change in AMR means our discounted variable, term variable rate mortgages and all reversion rates on fixed rate mortgages will increase by 0.25% for:

• New and pipeline cases – for new business and product switch
  From 8 August 2023 all new ESIS and mortgage offers (origination and product switch) will reflect the new AMR. This will impact affordability in some cases.
• Existing customers

From 1 September 2023 all AMR linked variable rate accounts will be updated.  We’re writing to all impacted customers to let them know their new interest rate and monthly payments.

*AMR is Aldermore's standard variable rate for residential and buy to let mortgages.

Please note: Our mortgage guides will be updated on  8 August 2023. You’ll find them here.

Buy to let for individual landlords with single residential investment properties

• Limited edition 5 year fixed with 1.50% fee, 6.69% to 75% LTV
• Limited edition 5 year fixed with 3.00% fee, 6.39% to 75% LTV

Buy to let for company landlords with single residential investment properties

• Limited edition 5 year fixed with 1.50% fee, 6.69% to 75% LTV
• Limited edition 5 year fixed with 3.00% fee, 6.39% to 75% LTV

Buy to let multi property product for individual and company landlords with residential investment properties

• Limited edition 5 year fixed with 1.50% fee, 6.59% to 75% LTV
• Limited edition 5 year fixed with 3.00% fee, 6.29% to 75% LTV

Cashback limited edition residential owner occupied standard level 1 with £300 cashback* or standard free legal incentive for remortgage cases.

• Limited edition 2 year fixed with zero fee, 7.09% to 75% LTV
• Limited edition 5 year fixed with zero fee, 6.74% to 75% LTV

*£300 cashback for remortgage cases paid upon completion.

We've also introduced new buy to let 5 year fixed rates with a 3.00% fee up to 75% LTV.

Buy to let for individual landlords with single residential investment properties

• 2 year discounted with £1,999 fee, 6.23% to 75% LTV
• 2 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C 6.99% to 75% LTV
• 5 year fixed zero fee, 7.39% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 6.79% to 75% LTV

Buy to let for company landlords with single residential investment properties

• 2 year discounted with £1,999 fee, 6.23% to 75% LTV
• 2 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.99% to 75% LTV
• 5 year fixed with zero fee, 7.39% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 6.79% to 75% LTV

Buy to let for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year discounted with £1,999 fee, 6.73% to 75% LTV
• 2 year fixed with 1.50% fee, 7.59% to 75% LTV
• 5 year fixed with 1.50% fee, 7.59% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 7.49% to 75% LTV
• 5 year fixed with zero fee, 7.89% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 7.29% to 75% LTV

Buy to let multi property product for Individual and company landlords with residential investment properties

• 2 year discounted with £1,999 fee, 6.13% to 75% LTV
• 2 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with zero fee, 7.29% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 6.69% to 75% LTV

Buy to let multi property for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• NEW 2 year discounted with £1,999 fee, 6.73% to 75% LTV
• 2 year fixed with 1.50% fee, 7.49% to 75% LTV
• 5 year fixed with 1.50% fee, 7.49% to 75% LTV
• 5 year fixed with zero fee, 7.79% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 7.19% to 75% LTV

Buy to let large loan HMOs and multi unit freeholds (7 - 12 bedrooms / 7 - 20 units)

• 2 year discounted with £1,999 fee, 6.73% to 75% LTV
• 2 year fixed with 1.50% fee, 7.69% to 75% LTV
• 5 year fixed with 1.50% fee, 7.69% to 75% LTV
• 5 year fixed with zero fee, 7.99% to 75% LTV
• NEW 5 year fixed with 3.00% fee, 7.39% to 75% LTV

Residential owner occupied standard level 1

• 2 year fixed with £999 fee, 7.34% to 75% LTV
• 5 year fixed with £999 fee, 7.14% to 75% LTV
• 2 year fixed with zero fee, 7.59% to 75% LTV
• 5 year fixed with zero fee, 7.24% to 75% LTV
• 2 year fixed with £999 fee, 7.84% to 80% LTV
• 5 year fixed with £999 fee, 7.49% to 80% LTV
• 2 year fixed with zero fee, 8.09% to 80% LTV
• 5 year fixed with zero fee, 7.59% to 80% LTV

Residential owner occupied high LTV

• 2 year fixed with £999 fee, 8.04% to 85% LTV
• 5 year fixed with £999 fee, 7.69% to 85% LTV
• 2 year fixed with zero fee, 8.29% to 85% LTV
• 5 year fixed with zero fee, 7.79% to 85% LTV
• 2 year fixed with £999 fee, 8.34% to 90% LTV
• 5 year fixed with £999 fee, 7.99% to 90% LTV
• 2 year fixed with zero fee, 8.59% to 90% LTV
• 5 year fixed with zero fee, 8.09% to 90% LTV

Residential owner occupied standard level 2

• 2 year fixed with £999 fee, 8.19% to 75% LTV
• 5 year fixed with £999 fee, 7.84% to 75% LTV
• 2 year fixed with zero fee, 8.44% to 75% LTV
• 5 year fixed with zero fee, 7.94% to 75% LTV
• 2 year fixed with £999 fee, 8.49% to 80% LTV
• 5 year fixed with £999 fee, 8.14% to 80% LTV
• 2 year fixed with zero fee, 8.74% to 80% LTV
• 5 year fixed with zero fee, 8.24% to 80% LTV

Product switch residential owner occupied

• 2 year fixed 7.34% to 75% LTV
• 2 year fixed 7.84% to 80% LTV
• 5 year fixed 7.14% to 75% LTV
• 5 year fixed 7.49% to 80% LTV

Product switch residential owner occupied high LTV

• 2 year fixed 8.04% to 85% LTV
• 2 year fixed 8.34% to 95% LTV
• 2 year fixed 7.69% to 85% LTV
• 2 year fixed 7.99% to 95% LTV

Product switch residential owner occupied Help to Buy: equity loan

• 2 year fixed 7.99% to 75% LTV
• 5 year fixed 7.89% to 75% LTV

Product switch buy to let for Individual and company landlords with single residential investment properties

• 2 year discounted 6.23% to 85% LTV
• 2 year fixed 7.29% to 75% LTV
• 2 year fixed 7.54% to 85% LTV
• 5 year fixed 7.19% to 75% LTV
• 5 year fixed 7.44% to 85% LTV

Product switch Buy to let for HMO and multi unit freeholds (up to 6 rooms / 6 units)

• 2 year fixed 7.79% to 80% LTV
• 5 year fixed 7.69% to 80% LTV

We've made the decision to withdraw our 2 and 5 year fixed buy to let, residential owner occupied and product switch rates due to the changes in the SWAP rates and the volatility in the market.

These rates will be withdrawn from 6pm on Monday, 10 July. 

All variable rates with switch to fix options remain available.

We'll be in touch soon with information on our new rates.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of our products for your client, the latest you can submit a decision in principle (DIP) is 6pm on Monday, 10 July. 

We understand this can cause our intermediary partners stressful deadlines to lock in rates, criteria and stress tests for your clients and we’re pleased to let you know that you’ll have until 6pm Monday to submit a decision in principle – NOT an application.

Your decision in principle will lock in the rate, stress test and criteria giving you a further 10 days to package your case and get it right first time to convert your DIP.

We've made the decision to withdraw our limited edition 5 year fixed buy to let rate. This product will be withdrawn from 6pm on Thursday, 6 July. 

Pipeline cases - We’ll process pipeline applications as usual and if you'd like to secure one of our products for your client, the latest you can submit a decision in principle (DIP) is 6pm on Thursday, 6 July. 

We understand this can cause our intermediary partners stressful deadlines to lock in rates, criteria and stress tests for your clients and we’re pleased to let you know that you’ll have until 6pm Thursday to submit a decision in principle – NOT an application.

Your decision in principle will lock in the rate, stress test and criteria giving you a further 10 days to package your case and get it right first time to convert your DIP.

We’ve recently amended our packaging list and you’ll find all the requirements, which may be different to what you’re presented with in the portal. Getting your case packaged right first time will help our packaging team to check and push into underwriting. See our packaging guide for more information.

We’ll honour any DIPs that refer before 6pm Thursday which are later converted to accept.

Buy to let for individual landlords with single residential investment properties

• 2 year fixed with 1.50% fee, 6.79% to 75% LTV
• 5 year fixed with 1.50% fee, 6.69% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.59% to 75% LTV
• 5 year fixed zero fee, 6.99% to 75% LTV

Buy to let for company landlords with single residential investment properties

• 2 year fixed with 1.50% fee, 6.79% to 75% LTV
• 5 year fixed with 1.50% fee, 6.69% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.59% to 75% LTV
• 5 year fixed with zero fee, 6.99% to 75% LTV

Buy to let for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 7.29% to 75% LTV
• 5 year fixed with 1.50% fee, 7.19% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 7.09% to 75% LTV
• 5 year fixed with zero fee, 7.49% to 75% LTV

Buy to let multi property product for Individual and company landlords with residential investment properties

• 2 year fixed with 1.50% fee, 6.69% to 75% LTV
• 5 year fixed with 1.50% fee, 6.59%% to 75% LTV
• 5 year fixed with zero fee, 6.89% to 75% LTV
• 5 year fixed ‘Limited Edition’ with 1.50% fee, 6.39% to 75% LTV

Buy to let multi property for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 7.19% to 75% LTV
• 5 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with zero fee, 7.39% to 75% LTV

Buy to let large loan HMOs and multi unit freeholds (7 – 12 bedrooms / 7 – 20 units)

• 2 year fixed with 1.50% fee, 7.39% to 75% LTV
• 5 year fixed with 1.50% fee, 7.29% to 75% LTV
• 5 year fixed with zero fee, 7.59% to 75% LTV

Residential owner occupied standard level 1

• 2 year fixed with £999 fee, 6.84% to 75% LTV
• 5 year fixed with £999 fee, 6.74% to 75% LTV
• 2 year fixed with zero fee, 7.09% to 75% LTV
• 5 year fixed with zero fee, 6.84% to 75% LTV
• 2 year fixed with £999 fee, 7.34% to 80% LTV
• 5 year fixed with £999 fee, 7.09% to 80% LTV
• 2 year fixed with zero fee, 7.59% to 80% LTV
• 5 year fixed with zero fee, 7.19% to 80% LTV

Residential owner occupied high LTV

• 2 year fixed with £999 fee, 7.54% to 85% LTV
• 5 year fixed with £999 fee, 7.29% to 85% LTV
• 2 year fixed with zero fee, 7.79% to 85% LTV
• 5 year fixed with zero fee, 7.39% to 85% LTV
• 2 year fixed with £999 fee, 7.84% to 90% LTV
• 5 year fixed with £999 fee, 7.59% to 90% LTV
• 2 year fixed with zero fee, 8.09% to 90% LTV
• 5 year fixed with zero fee, 7.69% to 90% LTV

Residential owner occupied standard level 2

• 2 year fixed with £999 fee, 7.69% to 75% LTV
• 5 year fixed with £999 fee, 7.44% to 75% LTV
• 2 year fixed with zero fee, 7.94% to 75% LTV
• 5 year fixed with zero fee, 7.54% to 75% LTV
• 2 year fixed with £999 fee, 7.99% to 80% LTV
• 5 year fixed with £999 fee, 7.74% to 80% LTV
• 2 year fixed with zero fee, 8.24% to 80% LTV
• 5 year fixed with zero fee, 7.84% to 80% LTV

Product switch residential owner occupied standard

• 2 year fixed with zero fee, 6.84% to 75% LTV
• 2 year fixed with zero fee, 7.34% to 80% LTV
• 5 year fixed with zero fee, 6.74% to 75% LTV
•  5 year fixed with zero fee, 7.09% to 80% LTV

Product switch residential owner occupied high LTV

• 2 year fixed with zero fee, 7.54% to 85% LTV
• 2 year fixed with zero fee, 7.84% to 95% LTV
• 5 year fixed with zero fee, 7.29% to 85% LTV
• 5 year fixed with zero fee, 7.59% to 95% LTV

Product switch residential owner occupied Help to Buy: equity loan

• 2 year fixed with zero fee, 7.49% to 75% LTV
• 5 year fixed with zero fee, 7.49% to 75% LTV

Product switch Buy to let for Individual and company landlords with single residential investment properties

• 2 year fixed with zero fee, 6.79% to 75% LTV
• 2 year fixed with zero fee, 7.04% to 85% LTV
• 5 year fixed with zero fee, 6.69% to 75% LTV
•  5 year fixed with zero fee, 6.94% to 85% LTV

Product switch Buy to let for HMO and multi unit freeholds (up to 6 rooms / 6 units)

• 2 year fixed with zero fee, 7.29% to 80% LTV
• 5 year fixed with zero fee, 7.19% to 80% LTV

We've made the decision to withdraw all fixed rate products across our buy to let and residential owner occupied range.

Due to the changes in the SWAP rates and the volatility in the market, we've made the decision to withdraw all residential owner occupied and buy to let mortgage fixed rate products from 6pm on Monday, 26 June. 

We understand this can cause our intermediary partners stressful deadlines to lock in rates, criteria and stress tests for your clients and we’re pleased to let you know that you’ll have until 6pm Monday to submit decision in principle – NOT an application.

Your decision in principle will lock in the rate, stress test and criteria giving you a further 10 days to package your case and get it right first time to covert our DIP.

We’ve recently amended our packaging list and you’ll find all the requirements here, which may be different to what you’re presented with in the portal. Getting your case packaged right first time will help our packaging team to check and push into underwriting. See our packaging guide for more information.

We’ll honour any DIPs that refer before 6pm Monday which are later converted to accept.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of our products for your client, the latest you can submit a decision in principle (DIP) is 6pm Monday, 26 June. 

New rates - Tuesday, 27 June

We're relaunching our mortgage range on Tuesday, 27 June, introducing new buy to let, residential owner occupied and product switch rates.

We’re also launching a limited edition buy to let product for multiple properties on one application. Our multi property product lets you to place 2 to 30 properties one application, which means one account number, one LTV and one stress test.

Following the 0.50% increase to the Bank of England Base Rate, we’re increasing the Aldermore Managed Rate (AMR)* from 8.98% to 9.48%.

The change in AMR means our discounted variable, term variable rate mortgages and all reversion rates on fixed rate mortgages will increase by 0.50% for:

• New and pipeline cases – for new business and product switch
  From 28 June 2023 all new ESIS and mortgage offers (origination and product switch) will reflect the new AMR. This will impact affordability in some cases.
• Existing customers
  From 1 July 2023 all AMR linked variable rate accounts will be updated.  We’re writing to all impacted customers to let them know their new interest rate and monthly payments.

*AMR is Aldermore's standard variable rate for residential and buy to let mortgages.

Please note: Our mortgage guides will be updated on  28 June. You’ll find them here.

Buy to let for individual landlords with single residential investment properties + free valuation

• 2 year discounted with £1,999 fee, 5.98% to 75% LTV
• 2 year fixed with 1.50% fee, 6.49% to 75% LTV
• 5 year fixed with 1.50% fee, 6.39% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C 6.29% to 75% LTV
• 5 year fixed zero fee, 6.69% to 75% LTV

Buy to let for company landlords with single residential investment properties + free valuation

• 2 year discounted with £1,999 fee, 5.98% to 75% LTV
• 2 year fixed with 1.50% fee, 6.49% to 75% LTV
• 5 year fixed with 1.50% fee, 6.39% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.29% to 75% LTV
• 5 year fixed with zero fee, 6.69% to 75% LTV

Buy to let for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year discounted with £1,999 fee, 6.48% to 75% LTV
• 2 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with 1.50% fee, 6.89% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.79% to 75% LTV
• 5 year fixed with zero fee, 7.19% to 75% LTV

Buy to let multi property product for Individual and company landlords with residential investment properties + free valuation

• 2 year discounted with £1,999 fee, 5.88% to 75% LTV
• 2 year fixed with 1.50% fee, 6.39% to 75% LTV
• 5 year fixed with 1.50% fee, 6.29% to 75% LTV
• 5 year fixed with zero fee, 6.59% to 75% LTV

Buy to let multi property for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 6.89% to 75% LTV
• 5 year fixed with 1.50% fee, 6.79% to 75% LTV
• 5 year fixed with zero fee, 7.09% to 75% LTV

Buy to let large loan HMOs and multi unit freeholds (over 7 bedroom / 7 units)

• 2 year discounted with £1,999 fee, 6.48% to 75% LTV
• 2 year fixed with 1.50% fee, 7.09% to 75% LTV
• 5 year fixed with 1.50% fee, 6.99% to 75% LTV
• 5 year fixed with zero fee, 7.29% to 75% LTV

Residential owner occupied standard level 1 + free valuation

• 2 year discounted with £999 fee, 5.98% to 80% LTV
• 2 year fixed with £999 fee, 6.44% to 75% LTV
• 5 year fixed with £999 fee, 6.34% to 75% LTV
• 2 year fixed with zero fee, 6.69% to 75% LTV
• 5 year fixed with zero fee, 6.44% to 75% LTV
• 2 year fixed with £999 fee, 6.94% to 80% LTV
• 5 year fixed with £999 fee, 6.69% to 80% LTV
• 2 year fixed with zero fee, 7.19% to 80% LTV
• 5 year fixed with zero fee, 6.79% to 80% LTV

Residential owner occupied high LTV + free valuation

• 2 year discounted with £999 fee, 6.73% to 90% LTV
• 2 year fixed with £999 fee, 7.14% to 85% LTV
• 5 year fixed with £999 fee, 6.89% to 85% LTV
• 2 year fixed with zero fee, 7.39% to 85% LTV
• 5 year fixed with zero fee, 6.99% to 85% LTV
• 2 year fixed with £999 fee, 7.44% to 90% LTV
• 5 year fixed with £999 fee, 7.19% to 90% LTV
• 2 year fixed with zero fee, 7.69% to 90% LTV
• 5 year fixed with zero fee, 7.29% to 90% LTV

Residential owner occupied standard level 2 + free valuation

• 2 year fixed with £999 fee, 7.29% to 75% LTV
• 5 year fixed with £999 fee, 7.04% to 75% LTV
• 2 year fixed with zero fee, 7.54% to 75% LTV
• 5 year fixed with zero fee, 7.14% to 75% LTV
• 2 year fixed with £999 fee, 7.59% to 80% LTV
• 5 year fixed with £999 fee, 7.34% to 80% LTV
• 2 year fixed with zero fee, 7.84% to 80% LTV
• 5 year fixed with zero fee, 7.44% to 80% LTV

Product switch residential owner occupied standard

• 2 year discounted with zero fee, 5.98% to 80% LTV
• 2 year fixed with zero fee, 6.44% to 75% LTV
• 2 year fixed with zero fee, 6.94% to 80% LTV
• 5 year fixed with zero fee, 6.34% to 75% LTV
• 5 year fixed with zero fee, 6.69% to 80% LTV

Product switch residential owner occupied high LTV

• 2 year discounted with zero fee, 6.73% to 90% LTV
• 2 year discounted with zero fee, 7.23% to 95% LTV
• 2 year fixed with zero fee, 7.14% to 85% LTV
• 2 year fixed with zero fee, 7.44% to 95% LTV
• 5 year fixed with zero fee, 6.89% to 85% LTV
• 5 year fixed with zero fee, 7.19% to 95% LTV

Product switch residential owner occupied Help to Buy: equity loan

• 2 year discounted with zero fee, 6.48% to 75% LTV
• 2 year fixed with zero fee, 7.09% to 75% LTV
• 5 year fixed with zero fee, 7.09% to 75% LTV

Product switch Buy to let for Individual and company landlords with single residential investment properties

• 2 year discounted with zero fee, 5.98% to 85% LTV
• 2 year fixed with zero fee, 6.49% to 75% LTV
• 2 year fixed with zero fee, 6.74% to 85% LTV
• 5 year fixed with zero fee, 6.39% to 75% LTV
• 5 year fixed with zero fee, 6.64% to 85% LTV

Product switch Buy to let for HMO and multi unit freeholds (up to 6 rooms / 6 units)

• 2 year fixed with zero fee, 6.99% to 80% LTV
• 5 year fixed with zero fee, 6.89% to 80% LTV

We’re withdrawing all residential owner occupied and buy to let mortgage products - from 6pm today, 26 May

We've made the decision to withdraw all products across our buy to let and residential owner occupied range.

As a responsible lender, we've had to make this quick decision in reaction to market conditions. We appreciate it isn't the usual notice period we'd normally give you and we're sorry about this. 

Our new business products will be withdrawn today and we'll continue to accept DIPs submitted in the portal up to 6pm Friday 26 May.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of our products for your client, the latest you can submit a decision in principle (DIP) is 6pm Friday, 26 May. 

Following our 3 month review, AMTR has been set at 4.60%, increasing by 0.50% from 4.10%.

We’re writing to all existing customers who are impacted by this rate change to confirm what their new interest rate and monthly payments will be.

The next AMTR review will take place on 15 August 2023.

Following the 0.25% increase to the Bank of England Base Rate, we’re increasing the Aldermore Managed Rate (AMR)* from 8.73% to 8.98%.

The change in AMR means our discounted variable, term variable rate mortgages and all reversion rates on fixed rate mortgages will increase by 0.25% for:

• New and pipeline cases – for new business and product switch
  From 16 May 2023 all new ESIS and mortgage offers (origination and product switch) will reflect the new AMR. This will impact affordability in some cases.
• Existing customers

From 1 June 2023 all AMR linked variable rate accounts will be updated.  We’re writing to all impacted customers to let them know their new interest rate and monthly payments.

*AMR is Aldermore's standard variable rate for residential and buy to let mortgages.

Please note: Our mortgage guides will be updated on 16 May. You’ll find them here.

We've made changes to our buy to let, residential owner occupied and product switch range. The below rates will be available from Thursday, 11 May 2023.

***

Buy to let for individual landlords with single residential investment properties + free valuation

• 2 year fixed with 1.50% fee, 5.79% to 75% LTV
• 5 year fixed with 1.50% fee, 5.79% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C 5.69% to 75% LTV
• 5 year fixed zero fee, 6.09% to 75% LTV

Buy to let for company landlords with single residential investment properties + free valuation

• 2 year fixed with 1.50% fee, 5.79% to 75% LTV
• 5 year fixed with 1.50% fee, 5.79% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 5.69% to 75% LTV
• 5 year fixed with zero fee, 6.09% to 75% LTV

Buy to let for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 6.29% to 75% LTV
• 5 year fixed with 1.50% fee, 6.29% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 6.19% to 75% LTV
• 5 year fixed with zero fee, 6.59% to 75% LTV

Buy to let multi property product for Individual and company landlords with residential investment properties + free valuation

• 2 year fixed with 1.50% fee, 5.69% to 75% LTV
• 5 year fixed with 1.50% fee, 5.69% to 75% LTV
• 5 year fixed with zero fee, 5.99% to 75% LTV

Buy to let multi property for individuals, companies, HMO and multi unit freehold (up to 6 bedrooms / 6 units)

• 2 year fixed with 1.50% fee, 6.19% to 75% LTV
• 5 year fixed with 1.50% fee, 6.19% to 75% LTV
• 5 year fixed with zero fee, 6.49% to 75% LTV

Buy to let large loan HMOs and multi unit freeholds (over 7 bedroom / 7 units )

• 2 year fixed with 1.50% fee, 6.39% to 75% LTV
• 5 year fixed with 1.50% fee, 6.39% to 75% LTV
• 5 year fixed with zero fee, 6.69% to 75% LTV

 Residential owner occupied standard level 1 + free valuation

• 2 year fixed with £999 fee, 5.69% to 75% LTV
• 5 year fixed with £999 fee, 5.74% to 75% LTV
• 2 year fixed with zero fee, 5.94% to 75% LTV
• 5 year fixed with zero fee, 5.84% to 75% LTV

• 2 year fixed with £999 fee, 6.19% to 80% LTV
• 5 year fixed with £999 fee, 6.09% to 80% LTV
• 2 year fixed with zero fee, 6.44% to 80% LTV
• 5 year fixed with zero fee, 6.19% to 80% LTV

Residential owner occupied high LTV + free valuation

• 2 year fixed with £999 fee, 6.39% to 85% LTV
• 5 year fixed with £999 fee, 6.29% to 85% LTV
• 2 year fixed with zero fee, 6.64% to 85% LTV
• 5 year fixed with zero fee, 6.39% to 85% LTV

• 2 year fixed with £999 fee, 6.69% to 90% LTV
• 5 year fixed with £999 fee, 6.59% to 90% LTV
• 2 year fixed with zero fee, 6.94% to 90% LTV
• 5 year fixed with zero fee, 6.69% to 90% LTV

Residential owner occupied standard level 2 + free valuation

• 2 year fixed with £999 fee, 6.54% to 75% LTV
• 5 year fixed with £999 fee, 6.44% to 75% LTV
• 2 year fixed with zero fee, 6.79% to 75% LTV
• 5 year fixed with zero fee, 6.54% to 75% LTV

• 2 year fixed with £999 fee, 6.84% to 80% LTV
• 5 year fixed with £999 fee, 6.74% to 80% LTV
• 2 year fixed with zero fee, 7.09% to 80% LTV
• 5 year fixed with zero fee, 6.84% to 80% LTV

Product switch residential owner occupied standard

• 2 year fixed with zero fee, 5.69% to 75% LTV
• 2 year fixed with zero fee, 6.19% to 80% LTV
• 5 year fixed with zero fee, 5.74% to 75% LTV
• 5 year fixed with zero fee, 6.09% to 80% LTV

Product switch residential owner occupied high LTV

• 2 year fixed with zero fee, 6.39% to 85% LTV
• 2 year fixed with zero fee, 6.69% to 95% LTV
• 5 year fixed with zero fee, 6.29% to 85% LTV
• 5 year fixed with zero fee, 6.59% to 95% LTV

Product switch residential owner occupied Help to Buy: equity loan

• 2 year discounted with zero fee, 5.73% to 75% LTV
• 2 year fixed with zero fee, 6.34% to 75% LTV
• 5 year fixed with zero fee, 6.34% to 75% LTV

We’re withdrawing rates across our residential owner occupied and buy to let mortgage range - from 6pm Wednesday 10 May

We wanted to let you know that we've made the decision to increase rates across our buy to let, residential owner occupied and product switch range.

The below products will be withdrawn from 6pm Wednesday, 10 May and we'll continue to accept DIPs submitted in the portal up to 6pm Wednesday 10 May.

Products being withdrawn:

• Buy to let for individuals, companies, multi property, HMO and multi unit freeholds

2 and 5 year fixed rates

• Residential owner occupied standard level 1 and 2

2 and 5 year fixed rates

• Residential owner occupied high LTV

2 and 5 year fixed rates

• Product switch residential owner occupied standard

2 and 5 year fixed rates

• Product switch residential owner occupied high LTV

2 and 5 year fixed rates

• Product switch residential owner occupied Help to Buy: Equity loan

2 and 5 year fixed rates

We'll be launching new rates from 9am Thursday 11 May.

Pipeline applications

We’ll process pipeline applications as usual and if you'd like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is 6pm Wednesday, 10 May.

For product switch rates you’ll need to secure an offer by 6pm Wednesday, 10 May

which will then be valid for 7 days.

We’ve reduced some of our product switch rates for buy to let clients. Here's a summary of the products available:

Buy to let for individuals and companies (single residential units):

• 2-year fixed rates – from 5.99%
• 5-year fixed rates – from 5.74%

Buy to let for individual landlords with single residential investment properties + free valuation

• 5 year fixed with 1.50% fee, 5.44% to 75% LTV
• NEW 5 year fixed zero fee, 5.74% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C 5.34% to 75% LTV

Buy to let for company landlords with single residential investment properties + free valuation

• 5 year fixed with 1.50% fee, 5.44% to 75% LTV
• 5 year fixed with zero fee, 5.74% to 75% LTV
• 5 year fixed with 1.50% fee for properties with EPC rating of A, B or C, 5.34% to 75% LTV

Buy to let multi property product for individuals and company landlords with residential investment properties + free valuation

• 5 year fixed with 1.50% fee, 5.34% to 75% LTV
• 5 year fixed with zero fee, 5.64% to 75% LTV

Residential owner occupied high LTV with £999 fee + free valuation

• 2 year fixed 6.09% to 85% LTV
• 5 year fixed 6.09% to 85% LTV
• 2 year fixed 6.39% to 90% LTV
• 5 year fixed 6.39% to 90% LTV

Residential owner occupied high LTV with zero fee + free valuation

• 2 year fixed 6.34% to 85% LTV
• 5 year fixed 6.19% to 85% LTV
• 2 year fixed 6.64% to 90% LTV
• 5 year fixed 6.49% to 90% LTV

Residential owner-occupied

• 2 year discounted rates from 5.23% to 6.48% across LTV bands from 60% to 90%
• 2 year fixed rates from 5.24%
• 5 year fixed rates from 5.39%

Buy to let for individuals with single residential properties

(Only available for customers that applied using our residential mortgage portal)

• 2 year discounted rates from 5.23% across LTV bands from 60% to 85%
• 2 year fixed rates from 5.99%
• 5 year fixed rates from 5.74%

The new Consumer Duty has been introduced by the Financial Conduct Authority (FCA) to improve how firms serve customers. The objective of the Duty is to set higher and clearer standards of consumer protection across financial services.

Under the new Duty we’re required to review our products and services and share the details with our distributors by 30 April 2023, so that they can meet their obligations by the deadline of 31 July 2023. 

You can download the pdfs to see our approach to meeting the Products & Services Outcome and Price & Value Outcome – Information for distributors of the Product by visiting our Consumer Duty page.

Following the 0.25% increase to the Bank of England Base Rate, we’re increasing the Aldermore Managed Rate (AMR)* from 8.48% to 8.73%.

The change in AMR means our discounted variable, term variable rate mortgages and all reversion rates on fixed rate mortgages will increase by 0.25% for:

New and pipeline cases – for new business and product switch

From 28 March 2023 all new ESIS and mortgage offers (origination and product switch) will reflect the new AMR. This will impact affordability in some cases.

Existing customers

From 1 April 2023 all AMR linked variable rate accounts will be updated.  We’re writing to all impacted customers to let them know their new interest rate and monthly payments.

*AMR is Aldermore's standard variable rate for residential and buy to let mortgages.

Please note: Our mortgage guides will be updated on 28 March. You’ll find them here.