This is a limited edition deal with a seven per cent fee and a rate of 4.69 per cent. The lender has also the limited edition five-year fix at 75 per cent LTV with a five per cent fee to its core offering.
Additionally, its fee-free five-year fix has been relaunched with a rate of 6.29 per cent.
These products are available to individual and limited company landlords with single properties.
Within the same offering, five-year fixed rates have been cut by 0.2 per cent and two-year fixes have been reduced by 0.35 per cent.
For individual and limited company landlords with multiple properties, the limited edition five-year fix at 65 per cent LTV with a seven per cent fee has a rate of 4.59 per cent. Aldermore has also relaunched the fee-free five-year fix in this range, which is priced at 6.19 per cent.
For residential borrowers, two-year fixed rates start from 5.94 per cent while five-year fixed rates begin at 5.54 per cent, following reductions of 0.3 per cent across both options.
Aldermore’s three-year fixed rates have been cut by 0.1 per cent and now begin at 5.89 per cent.
Jon Cooper (pictured), head of mortgages at Aldermore, said: “At Aldermore, we continually review our mortgage range to ensure we are providing customers with products that are tailored to support a variety of circumstances.
“Often existing customers miss out from favourable rates targeted at new customers, so we’re pleased to offer rate reductions for both new and loyal residential owner-occupied and buy-to-let customers, helping their money go further during these challenging times.”
