Aldermore has launched a range of new limited edition products across its buy-to-let (BTL) and residential owner-occupier ranges, designed to support landlords and homeowners.
Immediately available to new customers looking for homeownership products. There is a new high lend-to-value (LTV) Level 1 limited edition, two-year fixed, zero-fee at 6.43% to 90% LTV and a two-year fixed, zero-fee at 6.79% to 95% LTV.
For the same range, but with a high LTV of level 2, there is a new limited edition, two years fixed, without costs, with an LTV from 6.92% to 90%.
In addition, Aldermore has expanded its Level 1 cashback range to include remortgage only, which is now available on fixed two- and three-year products with LTVs of 65%, 85% and 90%.
The lender’s BTL range has been added to the lender’s BTL range with a limited five-year fixed no-fee deal from 5.34% to 70% LTV for individual and business landlords with individual homes.
There is also a new limited edition multi-property product, with a five-year fixed no-fee term, from 5.29% to 75% LTV, for individual and corporate landlords with residential investment property portfolios.
The end product is a five-year limited edition, fixed with a 5% fee at an LTV of 4.64% to 75%, including a free valuation for multi-occupancy homes (HMO) and multi-unit ownership, including multi-property.
Aldermore director of mortgages Jon Cooper said: “We have acted quickly to launch these limited edition products, giving brokers and customers new options at competitive rates.”
Elsewhere, The Mortgage Lender (TML) has made improvements to its BTL range, cutting rates and introducing a new cashback incentive for landlords.
TML has repriced its two- and five-year standard BTL products, with rate reductions of up to 0.15% across its core range.
As part of the update, TML will retire the two-year product with a £3,495 fee and reintroduce the two-year product with a £2,495 fee, giving borrowers more choice between the initial cost and long-term value.
To further support portfolio and HMO landlords, all five-year fixed term HMO products will now include £500 cashback, available for a limited time.
Steve Griffiths, commercial director of residential mortgages at Shawbrook, said: “Landlords continue to adapt to a changing market, and we want to ensure our range evolves with them.”
“By lowering rates and strengthening incentives, we are giving brokers more tools to support customers looking to refinance or expand their portfolios. This latest update reflects our continued commitment to offering products that are both competitive and flexible.”