Aldermore adds remortgage range up to 90% LTV

Aldermore has added a new remortgage range with deals at up to 90 per cent loan-to-value.

The lender says the deals will suit those who want to pay back products in the Help to Buy equity loan scheme.

The limited edition remortgage only products come with no valuation, legal, application or product fees.

A two-year fix in the new range at 90 per cent LTV comes at a rate of 4.48 per cent and a five-year fix is available at up to 90 per cent LTV.

Aldermore commercial director Charles McDowell says: “In addition to providing budgetary certainty, these remortgage offers provide customers with the chance to raise capital for property related purposes, such as home improvements, and it is also ideal for those who want to pay back their equity loan on a Help to Buy: equity loan scheme.”

Earlier this month the lender revealed that it had launched into later-life lending with products who want to release equity from their homes.


missold mortgage

Brokers see increase in remortgage business as homeowners stay put

Mortgage advisers have seen a significant growth in remortgage business over the past five years, according to the latest research from Paragon Mortgages. Remortgage activity now accounts for 41 per cent of an intermediary’s business, up from 37 per cent five years ago. Paragon’s financial adviser confidence tracking index found that there had been a […]

Frexit & contagion risk in Europe

Many commentators have suggested the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune Head of European Equities Rob Burnett discusses the likelihood of this happening. Click here to read more Important informationInvestment risks Neptune funds may have a high historic volatility rating and past performance is […]


News and expert analysis straight to your inbox

Sign up