Aldermore has reduced rates on several products in its buy-to-let and residential mortgage range.
Buy-to-let products include a two-year fixed rate buy-to-let 75% loan-to-value mortgage at 3.98% and a limited edition variable rate 65% LTV mortgage at 3.98% with a £1,999 completion fee.
The bank is also offering a three-year fixed rate 65% LTV residential mortgage at 4.48%.
Aldermore residential mortgages managing director Charles Haresnape said: “We’re delighted to be announcing these rate cuts at a time when many brokers are fearful that mortgage rates may soon start to move upwards.
“We will be keeping a careful eye on swap rates and the Limited Edition rates are therefore subject to withdrawal at short notice. We urge brokers to take advantage of these very competitive deals while they are still available.”
