Aldermore has today launched a new Limited Edition residential mortgage, offering the following features:
- 3.48% two year discount rate to 80% LTV
- £999 completion fee
- Available for house purchase and remortgaging
- Free legals on all remortgages
- Early Redemption Charge of 5% in year one and 4% in year two
Charles Haresnape, Managing Director of Residential Mortgages at Aldermore, said: "The launch of this Limited Edition product gives borrowers even greater choice. Although fixed rates remain popular, there is a premium to be paid for the certainty they provide and, for borrowers who believe rates may not rise as soon as some suspect, then our discount offers excellent value.
"With a completion fee of just £999 I believe this will be a very popular product. This is a limited offer and may not be available for long."
Aldermore markets its mortgages exclusively via intermediaries and, unlike most other lenders, decision-making is not dependent on credit scoring but is based on sensible underwriting rules and criteria applied by experienced people.
Aldermore welcomes calls from brokers who would like to discuss potential deals. Brokers can contact Aldermore on 0333 3211000.
Full product information, including rates and criteria and a downloadable product guide, are available at: www.aldermore-mortgages.co.uk
For further information journalists can contact:
Josh Cooper, PR consultant office: 01295 688243
firstname.lastname@example.org mobile: 07768 355265
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.