Close

Aldermore launches remortgage and purchase only rates from 2.38% for those looking for a better deal

POSTED: 2nd October 2017
IN: Newsroom
Share:

Aldermore today has made some changes to its Owner Occupier range of mortgages, across both remortgage and purchase only products, offering great rates across both ranges, starting from just 2.38%.

By lowering its remortgage rates at a time when too many people are stuck on standard variable rates (SVRs), the specialist bank aims to help any customers who could save on their monthly payments or who are unable to switch to a better deal with their current lender. In addition, those who are self-employed with as little as 1 year of accounts* could benefit from Aldermore’s individual underwriting approach, whether they are looking to remortgage or purchase a new property.


Reduced Standard Limited Edition remortgage only products:

  • 2 year fixed rate remortgage only at 2.38% up to 75% LTV (no upfront fees) – reduced by 0.10%
  • 2 year fixed rate remortgage only at 2.68% up to 80% LTV (no upfront fees) – reduced by 0.10%

New Standard Limited Edition Purchase only products:

  • 2 year fixed rate purchase only at 2.38% up to 75% LTV
  • 2 year fixed rate purchase only at 2.68% up to 80% LTV

Charles McDowell, Commercial Director, Mortgages says: “In an environment of consistently low interest rates, it’s tempting for homeowners to relax and go with the flow, when it comes to their mortgage. But if they’re on their lender’s standard variable rate, it’s likely they could get a better deal elsewhere and save money on their monthly payments, or pay off their mortgage quicker.

“The opportunity to remortgage could also offer customers the chance to free up some cash, giving borrowers, in particular the self-employed, more flexibility.”

*Ends*

*Considered subject to additional criteria 

Notes to editors

For further information, journalists can contact:

Rachael Snelling, Aldermore
Phone:          0208 1853 102
Email:           Rachael.Snelling@aldermore.co.uk

Follow us on Twitter: @AldermoreNews

Rozie Green, Lansons
Phone:          0207 566 9724
Email:            rozieg@lansons.com

For further information about Aldermore, please review our Notes to Editors page

 

  • Mortgages
  • Press Release

Published: