Aldermore extends product range
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Aldermore has extended its product range in a bid to offer borrowers greater choice, the lender claims.
New deals include residential one-year discount rates from 4.68% and buy-to-let two-year fixed rates from 5.68%.
Furthermore, the minimum loan size on all products has been reduced to £25,000 and the completion fee on buy-to-let term variable rate deals has been lowered to 2%.
Charles Haresnape, managing director at Aldermore Residential Mortgages, says: “These enhancements have been designed to broaden our product range and give borrowers even greater choice, at a time when many borrowers remain unsure whether now is the right time to fix.
“Our new one-year discount, for example, will appeal to borrowers looking for short-term flexibility and the reduced early repayment charge on our term variable rate will increase appeal for borrowers who don’t believe rates will rise significantly in the short-term.
“We’ve also broadened our buy-to-let range, giving landlords the choice of a two-year fixed rate, in addition to our very popular three and five-year fixed rate deals.”
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