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.
Aldermore Managed Rate reduced by 0.25% to 9.28%
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| Following the recent change to the Bank of England Base Rate, we’re reducing the Aldermore Managed Rate (AMR)* from 9.53% to 9.28%. The change in AMR means our discounted variable, term variable rate mortgages and all reversion rates on fixed and discount rate mortgages will decrease by 0.25% for: New and pipeline cases – for new business and product switch From 12 December 2024, all new illustrations and mortgage offers (origination and product switch) will reflect the new AMR. Existing customers From 1 January 2025 all AMR linked variable rate accounts will be updated. We’re writing to all impacted customers to let them know their new interest rate and monthly payments. *AMR is Aldermore’s standard variable rate for residential and buy to let mortgages. Please note: We’ve updated our mortgage guides. You’ll find them here. |