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Aldermore Mortgages – Prime Residential Two-Year Discount

Aldermore Mortgages – Prime Residential Two-Year Discount

Type: Discounted rate mortgage

Discounted term: Two years

Discount: Up to 80% of valuation – 1%, up to 65% of valuation – 0.5%

Payable rate: Up to 80% of valuation -5.68%, up to 75% of valuation – 4.98%,
up to 65% of valuation – 3.98%

Minimum loan: £50,000

Maximum loan: Up to 80% of valuation subject to a maximum of £200,000, up to
65% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Conditions: Free legal fees for remortgages, not available to first time
buyers, available only through 3mc, bds Mortgage Group, Legal & General,
Mortgages For Business, Mortgage Intelligence, Mortgage Next, Personal
Touch, Platinum Options and Pink Home Loans

Arrangement fee: Up to 80% of valuation – 1.75% of the original loan, up to
75% of valuation – 1.25%, up to 65% of valuation – 1%

Redemption fee: 5% of the amount repaid in year one, 4% in year two

Introducer¹s fee: 0.4% of the original loan

Tel: 0333 321 1000

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