Aldermore has reduced the rates across its residential owner occupied mortgage range and reintroduced a range of remortgage products.
The products are designed to support borrowers that have complex needs or less than perfect credit.
Fee free remortgage deals start from 3.48% for a 2-year fix at 75% loan-to-value (LTV), a 5-year fix at 75% LTV at 3.78%, and 2-year and 5-year fixes both up to 80% LTV priced at 3.68% and 3.98% respectively.
Purchase and remortgage rates with a £999 fee start at 3.18% for a 2-year fix at 75% LTV and 3.48% at 80% LTV.
Jon Cooper, head of mortgage distribution, Aldermore said: “The pandemic has accelerated the increasingly broad set of financial cricumstances that borrowers have, so we want to be inclusive and responsive to this long-term trend.
“It is important to give opportunity to the widening number of people that may have complex income streams or credit issues in the past so that they can find a product that suits their individual circumstances.
“At Aldermore, we continually review our mortgage propositon and the rates we offer to ensure we best serve our customers and aspiring homeowners.
“With the reintroduction of these remortgage products, we’re delighted to be providing a greater amount of choice to homeowners looking to secure a better deal or reduce monthly payments to release funds to be put towards other large expenses on the horizon such as home renovations.”