Aldermore has fully refreshed its commercial mortgage investment and owner-occupied ranges to complement the launch of its revamped buy-to-let range.

The Bank has introduced new LTV products at 50% and 60% as well as maintaining its 75% LTV mortgage for its commercial range. Pricing has reduced across a number of LTVs and variable rates now start at 4.99% (previously 5.20%), while new five-year fixed rates have been added to the range, starting at 6.39%.

Fees have also been reduced, including the removal of the fixed rate booking fee of £500 and fixed rate arrangement fees have been cut from 2.50% to 1.75%. Arrangement fees can now also be added to the loan.

Charles Haresnape, group managing director of mortgages at Aldermore said: “We have relaunched our entire commercial mortgage range and added various improvements in order to widen choice for our customers. Commercial mortgages are a growing area of Aldermore’s business and we are keen to support the growth of this sector by offering a more extensive range.”