Aldermore launches remortgage and purchase-only rates

Jessica Nangle

October 2, 2017

Aldermore has made changes to its owner occupier range of mortgages across both remortgage and purchase-only products starting at 2.38%.

These changes hope to help those stuck on standard variable rates, aiming to help any customers who could save on their monthly payments or who are unable to switch to a better deal with their current lender.

Charles McDowell (pictured), commercial director – mortgages, said: “In an environment of consistently low interest rates, it’s tempting for homeowners to relax and go with the flow, when it comes to their mortgage.

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“The opportunity to remortgage could offer customers the chance to free up some cash, giving borrowers, in particular the self-employed, more flexibility.”

The reduced standard limited edition remortgage-only products are a 2-year fixed rate remortgage only at 2.38% up to 75% LTV (no upfront fees) – reduced by 0.10% and a 2-year fixed rate remortgage only at 2.68% up to 80% LTV (no upfront fees) – reduced by 0.10%.

The standard limited edition purchase-only products are a 2-year fixed rate purchase only at 2.38% up to 75% LTV and a 2-year fixed rate purchase only at 2.68% up to 80% LTV.

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