Aldermore release a Help to Buy mortgage range.
Aldermore has just joined the Help to Buy scheme with the launch of two high LTV deals, it joins other lenders such as NatWest and RBS.
For 90% LTV the lender has a 2 year fixed rate mortgage at 4.98%, and for 95% LTV the 2 year fixed rate is offered at 5.28%. Fees have been set on both mortgages at £999.
With various Help to Buy products on offer, buying a home has become achievable for many more first time buyers who for the last few years have struggled to save a large enough deposit for a competitive rate.
There is now increased choice at the lower deposit end of the market, and it is not just Help to Buyer lenders you should be considering.
The Yorkshire Banking Group for example are not signed up to the scheme, however its group of lenders such as Chelsea BS have deals with rates that are set low enough to compete scheme members products.
If you would like a market comparison of all lower deposit mortgages, you are recommended to call 0800 048 8828 and speak with an impartial adviser at Deal Direct. Alternatively you can make an immediate online search by clicking the red button below.
Who are Deal Direct?
We are an independent 'whole of market' broker so you can be assured you are being recommended products based on your needs. We work on behalf of our mortgage clients and not on behalf of any lender.
Call 0800 048 8828 for a great mortgage at a competitive rate.
