New Help to Buy remortgage offers at Aldermore

Posted on Thursday, December 19 by Joy Tibbs

Wilmslow-based Aldermore has joined the second phase of the government’s Help to Buy scheme and has launched several new home purchase and remortgage loans under the mortgage guarantee scheme.

The bank has introduced a new two-year fixed-rate product with a loan-to-value (LTV) of up to 90% at 4.93% and another up to 95% LTV with a 5.28% rate. Both deals come with a £999 fee.

Aldermore has joined HSBC, Lloyds Banking Group, Royal Bank of Scotland and Virgin Money in offering Help to Buy mortgage products and is the first company to offer the Help to Buy mortgage guarantee for remortgage loans.

Managing director of residential mortgages, Charles Haresnape, said: “We are committed to lending to homeowners in the UK, especially those with small deposits, to get on the housing ladder and those who are unable to access mortgages from traditional high street lenders, despite being creditworthy.”

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