Aldermore has cut all rates on its commercial owner-occupied and investment mortgages for loans between £100,000 and £500,000, with the aim of further supporting the UK’s SME businesses.
The 0.4% discount, which is on offer for a limited time only, is available either directly from the bank or via a broker and will be applied to the existing rate at application.
Charles Haresnape, group managing director, mortgages, Aldermore, said:
“With record low interest rates and the most recent predictions from the British Chambers of Commerce anticipating growth of UK GDP of 2.2% in 2016, now is a fantastic time for businesses to invest in their futures.
“Aldermore’s human approach, with each application assessed by an individual underwriter, gives businesses the flexibility to shape a deal in the best possible way for their future.
“Aldermore has long prided itself on supporting SMEs and this limited time only discount demonstrates our commitment to that goal, with this promotion providing our lowest ever rate for commercial investment.”