- 2 year fixed High LTV 95% mortgage product (400k max) down to 4.58% from 4.78%
This is a further reduction to the product rate following-on from the announcement in September of a refresh of Aldermore’s residential mortgage offering, which reduced rates across the house purchase and remortgage product range.
Damian Thompson, Director of Mortgages, Aldermore, comments: “Our latest First-Time Buyer Index shows that raising a deposit remains the biggest barrier to those looking to purchase their first home. Many in the UK are in a position where they are able to afford mortgage repayments but are being frustrated by the struggle to raise a substanial deposit, so we want to continue to open up options for them to turn home ownership into a reality.”
For further information, journalists can contact:
Gareth Hill, Press Office – Mortgages, Aldermore
Mobile: 07721 127514
Notes to editors
For further information about Aldermore, please review our Notes to Editors page.