Aldermore has refreshed its residential range with reduced rates on products aimed at first-time buyers, second steppers and remortgagors.
The lender is now offering 2-year fixes at 3.98% to 85% loan-to-value, 4.28% to 90% LTV and 4.78% to 95% LTV, all with a £999 product fee.
There are also 2-year fixes for purchase at 4.58% to 90% LTV and 5.08% to 95% LTV with no product, legal or valuation fees, as well as 2-year fixes for remortgage at 4.28% to 85% LTV and 4.58% to 90% LTV.
Damian Thompson, director of mortgages, Aldermore, said: “The latest changes to our residential mortgage range are ideal for those looking to buy a new home or remortgaging as we enter the autumn housing market. The refreshed range offers customers competitive rates and a range of options, including free valuations and no legal fees.”
The specialist bank has also reviewed its lending tiers, launched in April this year, that support customers, who have had credit blips in their past or who do not fit the requirements of mainstream lenders, reducing rates across its Standard Level 2 and 3 ranges.
The lender’s 2-year fixes to 75% LTV now start from 2.48% on Level 1, 3.48% on Level 2 and 3.98% on Level 3, all with a £999 fee.