Aldermore has cut rates across its buy to let and residential owner occupier mortgages – the latest in a series of rate cuts by lenders vying for landlord clients. 

For new customers, the BTL range has rates reduced by up to 0.20% and for residential owner occupiers, rates are cut by up to 0.50% (up to 80% LTV).

Additionally, there are new residential owner occupier limited edition two and three year fixed rates (up to 80% LTV), with a 1% discount off AMR reversion rate.

Jon Cooper, director of mortgages at Aldermore, comments: “We’re pleased to introduce a wide array of rate cuts to support brokers in finding solutions for their clients. These reductions give both landlords and homebuyers valuable choice and competitive pricing, at a time when the optimism and outlook within the market starts to grow.”

The following rates are available immediately:

For new customers

 BTL

– Fixed rates reduced by up to 0.20% 

Residential owner occupiers

Up to 80% LTV

– Fixed rates reduced by up to 0.50%

– New limited edition 2 year and 3 year fixed rates with a discounted reversion rate

–

For existing customers

 BTL

– All fixed rates reduced by 0.20%

Residential owner occupier

Up to 80% LTV

– Fixed rates reduced by up to 0.40%