In its buy-to-let range, cuts of up to 0.5 per cent have been applied, with individual and company landlords with single residential investment properties rates beginning from 6.59 per cent at 75 per cent loan to value (LTV) for both two and five-year fixed rates.
For individuals, companies, houses in multiple occupation (HMO) and multi-unit freeholds up to six bedrooms or six units pricing starts at 7.09 per cent at 75 per cent LTV for two and five-year fixed rates.
Multi property product for individual and company landlords with residential investment properties rates start at 6.49 per cent at 75 per cent LTV, and for multi-property for individuals, companies HMO and multi-unit freehold up to six bedrooms rates begin from 6.99 per cent.
Buy-to-let large loan HMO and multi-unit freehold for seven to 12 bedrooms and seven to 20 units pricing starts from 7.19 per cent at 75 per cent LTV.
In its residential owner-occupied range, cuts of up to 0.6 per cent have been applied to standard level one and two products with pricing beginning at 6.48 per cent.
For high LTV loans, reductions of around 0.7 per cent have been made, with rates starting from 7.23 per cent.
In its existing customer range, two-year fixed rate standard products have decreased by 0.6 per cent and five-ear fixed rate standard deals have reduced by around 0.5 per cent.
Two and five-year fixed rate high LTV and Help to Buy products have fallen by around 0.7 per cent and variable products have been cut by 0.25 per cent.
Aldermore: ‘Something for everyone’
Jon Cooper, head of mortgages at Aldermore, said: “Our core purpose is to help people go for it in life and our rate reductions offer something for everyone, whether it’s landlords, home movers, existing homeowners wanting to remortgage or those looking to get on the property ladder for the first time.
“We know that people’s circumstances can be varied and complex, and that they often don’t fit in to the boxes other lenders require them to, so it can be a real challenge to receive the financial support they need.”
He added: “Our human approach to lending, and our specialist advisers consider each case on an individual basis which gives us more of an opportunity to support our customers in helping them to find the mortgage that is right for them.”
