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.
We’ve reduced our mortgage rates – find out more!
Reduced rates for owner occupied and buy to let mortgages
– from Thursday, 12 January 2023
We’re reducing rates across our mortgage range, helping your first time buyers, home movers, self employed and landlord clients.
Buy to let mortgage range
Buy to let for individual landlords with single residential investment properties
► 2 year discounted with £1,999 fee, 5.98% to 75% LTV (AMR less 2.00%)*
► 2 year fixed with 1.50% fee, 6.29% to 75% LTV
► 5 year fixed with 1.50% fee, 6.29% to 75% LTV
Buy to let for company landlords with single residential investment properties
► 2 year discounted with £1,999 fee, 5.98% to 75% LTV (AMR less 2.00%)*
► 2 year fixed with 1.50% fee, 6.29% to 75% LTV
► 5 year fixed with 1.50% fee, 6.29% to 75% LTV
► 5 year fixed with zero fee, 6.59% to 75% LTV
Buy to let for HMO and multi unit freeholds
► 2 year discounted with £1,999 fee, 6.48% to 75% LTV (AMR less 1.50%)*
► 2 year fixed with 1.50% fee, 6.59% to 75% LTV
► 5 year fixed with 1.50% fee, 6.59% to 75% LTV
► 5 year fixed with zero fee, 6.89% to 75% LTV
Buy to let for multi property individuals and company landlords
with single residential investment properties
► 2 year discounted with £1,999 fee, 5.88% to 75% LTV (AMR less 2.10%)*
► 2 year fixed with 1.50% fee, 6.19% to 75% LTV
► 5 year fixed with 1.50% fee, 6.19% to 75% LTV
► 5 year fixed with zero fee, 6.49% to 75% LTV
NEW Buy to let for multi property individuals and company landlords with
HMO and multi unit freeholds
► 2 year fixed with 1.50% fee, 6.49% to 75% LTV
► 5 year fixed with 1.50% fee, 6.49% to 75% LTV
► 5 year fixed with zero fee, 6.79% to 75% LTV
Residential owner occupied mortgage range
Residential owner occupied standard level 1 with £999 fee
► 2 year discounted 5.23% to 80% LTV (AMR less 2.75%)*
► 2 year fixed 6.21% to 75% LTV
► 5 year fixed 6.21% to 75% LTV
► 2 year fixed 6.61% to 80% LTV
► 5 year fixed 6.61% to 80% LTV
Residential owner occupied standard level 1 with zero fee
► 2 year fixed 6.46% to 75% LTV
► 5 year fixed 6.31% to 75% LTV
► 2 year fixed 6.86% to 80% LTV
► 5 year fixed 6.71% to 80% LTV
Residential owner occupied high LTV with £999 fee
► 2 year discounted 6.23% to 90% LTV (AMR less 1.75%)*
► 2 year fixed 7.04% to 85% LTV
► 5 year fixed 7.14% to 85% LTV
► 2 year fixed 7.98% to 90% LTV
► 5 year fixed 8.08% to 90% LTV
Residential owner occupied high LTV with zero fee
► 2 year fixed 7.29% to 85% LTV
► 5 year fixed 7.24% to 85% LTV
► 2 year fixed 8.23% to 90% LTV
► 5 year fixed 8.18% to 90% LTV
Residential owner occupied standard level 2 with £999 fee
► 2 year fixed 6.99% to 75% LTV
► 5 year fixed 6.99% to 75% LTV
► 2 year fixed 7.39% to 80% LTV
► 5 year fixed 7.39% to 80% LTV
Residential owner occupied standard level 2 with zero fee – remortgage only
► 2 year fixed 7.26% to 75% LTV
► 5 year fixed 7.11% to 75% LTV
► 2 year fixed 7.66% to 80% LTV
► 5 year fixed 7.51% to 80% LTV
*Switch to Fix
Our discounted variable mortgage interest rate is the
Aldermore Managed Rate (AMR)^ reduced by a set percentage for 2 years.
2 year discount product allows a post completion switch to a fixed rate available from our existing customer range without incurring an early repayment charge.
A procuration fee will not be paid for the subsequent early switch onto a fixed rate product, unless the request is made within the standard switch window, i.e. 17 weeks prior to maturity.
^The AMR is a variable rate set by Aldermore
New product switch rates from Aldermore
We’re reducing our fixed rates across Residential owner occupied and Buy to let product switch ranges – Thursday, 12 January 2023
Our reduced rates are aimed at helping you support your clients. We’ll always direct your client back to you first to discuss their switching options and you’ll find all our product switching rates on all major sourcing systems for you to compare.
Here’s a summary of our new product switch range.
Residential owner occupied
► 2 year discounted rates from 5.38% from 60% to 90% LTV (AMR less 2.60%) *
► 2 year fixed rates from 6.08%
► 5 year fixed rates from 6.18%
Help to buy: equity loan
► 2 year discounted rates from 5.38% from 60% to 75% LTV (AMR less 2.60%) *
► 2 year fixed rates from 6.38%
► 5 year fixed rates from 6.48%
Buy to let for individual landlords with single residential investment properties
► 2 year discounted rates from 5.38% from 60% to 85% LTV (AMR less 2.60%) *
► 2 year fixed rates from 5.99%
► 5 year fixed rates from 6.23%
Buy to let for company landlords with single residential investment properties
► 2 year fixed rates from 5.99%
► 5 year fixed rates from 6.23%
Buy to let for multi property individuals and company landlords with single residential investment properties
► 2 year fixed rates from 6.45%
► 5 year fixed rates from 6.45%
When switching your clients, you’ll need to have their mortgage account number to hand. You’ll need to contact your client for this. It’s the number that begins with a 1.