Aldermore has launched new limited editions for both landlords and residents, alongside reduced rates for existing landlords looking to switch products.
For new customers buying their own home, Aldermore has added a five-year fixed rate Level 1 limited edition up to 90% LTV with a £999 fee and a 5.79% rate, as well as a five-year fixed rate up to 95% LTV with a £999 fee and a 6.14% rate.
It also included a limited edition Level 2 five-year fixed rate up to 90% LTV with a £999 fee and a 6.29% rate.
The lender has also expanded its buy-to-let (BTL) range with new limited edition products.
There is now a two-year fixed rate of 75% LTV for individual and business landlords with single-family homes at a rate of 3% and a rate of 4.09%.
Aldermore has also launched a two-year fixed rate of 75% LTV with a 3% fee and a 4.04% fee for those with multiple properties, and a two-year fixed rate of 75% LTV with a 3% fee of 4.49% for HMOs.
Aldermore has reduced BTL rates for existing customers.
The lender has introduced a discount of 0.30% for private and business landlords with detached homes. These include a two-year fixed rate up to 85% LTV with rates now starting from 5.99% and a five-year fixed rate up to 85% LTV with rates now starting from 5.79%. Both are free.
HMOs and multi-unit products are also reduced by 0.30% and are free.
These include the two-year fixed rate at 80% LTV with an interest rate of 6.09% and a five-year fixed rate at 80% LTV with an interest rate of 5.89%.
Jon Cooper, mortgage director at Aldermore, said: “Having relaunched our range for private owners last week, we are launching new limited edition products for landlords and homeowners.”
“These updates give agents more flexibility to support clients with competitive, tailor-made solutions, whether it’s a first home, a step up or expanding a property portfolio.”