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Limited Edition - Remortgage 2 Year Fixed Rate (75% LTV)

2.38% fixed for Limited Edition 2 Year - Remortgage only
5.48% variable for the
remaining term of the
mortgage
5.0% APRC is the overall cost for
comparison

How much could a mortgage cost me?

> View a representative example
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We look at each application on an individual basis.
Speak to our team of expert mortgage advisers for more information.

Maximum LTV 75%
Initial Rate 2.38%
Aldermore Managed Rate (AMR) The Aldermore Managed Rate is the variable rate set by Aldermore 4.98%
APRC The Annual Percentage Rate of Charge (APRC) can be used to compare the total cost of different mortgage products. 5.0%
Product Fee £0
Application Fee £0
Reversion Rate 5.48%
AMR + 0.50%
Early Repayment Charge

3.00% year 1
2.50% year 2

Overpayments Overpayments of up to 10% of the outstanding balance can be made each year without incurring an early repayment charge.
Adding Fees Funds transfer fee can be added.
Minimum Loan Amount £25,000.00
Maximum Loan Amount £1,000,000.00

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Representative Example


A mortgage of £155,000 payable over 25 years, initially on a fixed rate for 2 years at 2.38% and then on our current variable rate of 5.48% for the remaining 23 years, would require 24 monthly payments of £686.03 followed by 276 payments of £929.76. The total amount payable would be £273,078.48 made up of the loan amount plus interest (£118,078.48). 

The overall cost for comparison is 5.0% APRC representative.

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