New Help to Buy products include the three-year fixed rate at 90% and 95% LTV available at 5.63%, while the five-year fixed rate is available at 5.73% across both 90% and 95% LTV.
Aldermore already offered two-year fixed rates which it launched in mid-December under the scheme.
Aldermore is one of the few lenders to offer the option to remortgage using Help to Buy as well as the option to purchase new builds.
Among a raft of changes, the Bank has increased the maximum LTV threshold on its buy to let range from 65% to 70% for loans up to £1m, while the 65% LTV product tier across the entire residential buy to let range has been increased to 70%.
Aldermore residential mortgages managing director Charles Haresnape (pictured) said: “We have received a high number of enquiries, and we have offered in excess of 1,300 decisions in principle to Help to Buy applicants.
“Interestingly, most of our applicants are coming from northerly regions and are first time buyers, so the scheme is certainly helping to get more people onto the housing ladder.
“We are optimistic that with the increased confidence in the economy, more sellers will come into the market and increase supply in order to keep up with the high demand, which will help to keep house prices on a solid and sustainable upward trajectory.”
Banks have returned in droves to the high Loan to Value (LTV) mortgage lending market since the launch of Help to Buy 2, replacing mutuals as the majority product providers in this sector.
