Brilliant Solutions

Aldermore Product Update

Aldermore announced some product changes.  See below for more information.  For information on their current products and criteria call our team or click here.  REMEMBER, you can access the Aldermore range using our Direct to Lender mortgage club so do contact us for further information.  For any Documents Click here. Calculators Click Here.

Get More with Aldermore: Specialist Market Insights webinar

Join us for our next Get More with Aldermore webinar, where we’ll dive into what the latest research tells us about today’s specialist mortgage customers.

With a focus on residential specialist lending and underserved segments, this informal panel conversation brings together Aldermore’s Jon Cooper and Rob Barnard from Pepper Money. Together, they’ll share insights from the Pepper Money Report and the Aldermore First Time Buyer Index.

We’ll explore what borrower behaviour is telling us, where demand is growing, and what this means for brokers supporting customers whose needs fall outside the mainstream.

Click here to register for the webinar.

Please feel free to share this invitation with other members of your team who may be interested.

 

We’re making changes across our mortgage range

We’re withdrawing discount rates across our product switch range from 5pm Tuesday, 5 May and launching new rates across our range from Wednesday, 6 May 

We’re also making changes across our new business buy to let and residential owner occupied range – from Wednesday, 6 May

Here’s a breakdown of the changes that are coming

Buy to let – new business

New 2 and 5 year fixed Limited Edition rates launching

HMO and multi‑unit freehold

2 and 5 year fixed rates reducing by -0.20%
Additional rate and fee options will be available

Residential owner occupied – new business

New 3 year fixed rates

New cashback products and £1,999 fee options across 2, 3 & 5 year fixed

All Levels: 2 year fixed rates, reducing by up to -0.42%
All Levels: 5 year fixed rates, reducing by up to -0.33%

 

Product switch rates

Residential owner occupied  

2 year fixed rates reducing by up to -0.42%
New 5 year fixed rates
2 year discount rates increasing

BTL for HMO and multi-unit freehold

2 year fixed rates reducing by -0.20%
New 5 year fixed rates

 

Product Switch

If you’d like to secure a withdrawn product switch rate for your client, the latest you can do this through our telephony or broker portal is 5pm Tuesday, 5 May.
 
Product switch offers are valid for 30 days, or up until 15 working days before the product switch date (to allow direct debit changes), whichever is soonest.

 

From Wednesday, 6 May

You’ll find our new rates in our mortgage guides below

Buy to let

Residential 

Product switch

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