View more on these topics

Aldermore extends product range

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.”

Recommended

Paul Muolo

Killing Fannie and Freddie will be hard

Let’s not mince words. On February 11 the White House released its long-awaited plan to revamp US mortgage giants Fannie Mae and Freddie Mac and the verdict was clear – don’t restructure these $5trillion behemoths, just pull the plug. And so it has come to pass. President Barack Obama, a Democrat – traditionally Democrats love […]

More than mortgages

Since being bought out by Towergate, John Charcol is moving beyond mortgages and aims to take advantage of all its parent has to offer to broaden its services. Managing director Walter Avrili and marketing director Drew Wotherspoon reveal their plans for the new John Charcol

9 October thumbnail

Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.

Newsletter

News and expert analysis straight to your inbox

Sign up