Aldermore Product Transfer – Best Rates & Cashback in 2026
Hi, I’m Damian Youell, Senior Mortgage Broker at Rate Switch Rewards.
If your Aldermore mortgage rate is coming to an end, you don’t have to accept whatever retention deal they offer. You can arrange an Aldermore product transfer and potentially get a much better rate while earning cashback at the same time.
I specialise in Aldermore product transfers. I handle the entire process for you at **no cost**, compare the best options, and make sure you don’t overpay.
What Is an Aldermore Product Transfer?
An Aldermore product transfer (also called a rate switch) means moving to a new mortgage rate with your existing lender — Aldermore Bank — without changing the loan amount or remortgaging to another lender. Most of my clients complete their Aldermore product transfer in under 15 minutes with no new full mortgage application required.
Why Use a Broker Instead of Going Direct to Aldermore?
Aldermore will only show you their own retention rates. As a whole-of-market broker, I compare every Aldermore product transfer option against the wider market. If staying with Aldermore is still the best choice, I’ll prove it with clear numbers. If another lender offers better value, I’ll tell you honestly.
I also monitor rates daily. If a lower rate appears before your new deal starts, I’ll cancel and switch you automatically — something you simply can’t do easily by going direct.
Calculate Your Aldermore Product Transfer Cashback
See instantly how much cashback you could receive on your Aldermore product transfer. The money is paid directly into your bank account once the new rate starts.
Key Things to Know About Aldermore Product Transfers
- You can lock in a new rate up to 17 weeks before your current deal ends
- Completely fee-free — no legal fees, no valuation fees, no product fees
- Fixed and tracker rates available for residential and specialist buy-to-let mortgages
- No new credit check or affordability assessment for a standard Aldermore product transfer (provided your account is in good standing)
- Aldermore is a specialist lender that supports self-employed borrowers, complex incomes, and portfolio landlords
How Long Does an Aldermore Product Transfer Take?
In most straightforward cases I can complete your Aldermore product transfer the same day. I just need your account number, I’ll show you the best available options, and we submit once you choose. The new rate usually starts quickly.
If you want additional borrowing, a change of term, or to switch to interest-only, it may take a little longer — I’ll let you know straight away.
Can I Borrow Extra Money with an Aldermore Product Transfer?
Yes — additional borrowing is available for existing Aldermore customers and is assessed on a case-by-case basis. I can help you submit the application and give you realistic expectations upfront.
Benefits of Completing Your Aldermore Product Transfer With Me
- Full market comparison — Aldermore rates vs everything else available
- Cashback paid directly to your bank account on completion
- Free ongoing rate monitoring — I switch you if a lower rate appears
- No new credit check on standard Aldermore product transfers
- FCA-regulated advice (Appointed Representative of Rosemount Financial Solutions IFA Ltd, FCA ref 535515)
- 100% free for you — I’m paid by the lender
The Aldermore Product Transfer Process – Step by Step
- Share your Aldermore account number — I’ll access your account and review all available product transfer options.
- I send you clear quotes — You’ll receive Aldermore rates plus any better market alternatives.
- You choose your rate — Tell me which one you prefer and I submit the application on your behalf.
- I monitor the market — If rates drop before completion, I’ll move you to the better deal.
- Completion & cashback — New rate starts and your cashback is paid directly to you.
Frequently Asked Questions
Is a credit check needed for an Aldermore product transfer?
No. Aldermore does not reassess your credit profile for a standard product transfer if your account is in good standing.
How much cashback can I get with an Aldermore product transfer?
It depends on your mortgage balance and the chosen product. Use the calculator above for your exact personalised figure.
What if I’m not sure whether to stay with Aldermore or remortgage elsewhere?
I’ll give you a clear, honest comparison of both options so you can make the right decision for your circumstances.
Ready to get started with your Aldermore product transfer? Use the calculator above or complete our short form and I’ll be in touch very quickly.
Your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages.
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What Makes Aldermore Different From High-Street Lenders During a Product Transfer
Aldermore is a specialist lender rather than a high-street bank, and that changes a few things about how a product transfer with them plays out compared with a mainstream lender.
Manual underwriting for complex income
Aldermore built its reputation on lending to self-employed borrowers, contractors, and people with complex or non-standard income. If your product transfer includes a request for additional borrowing, Aldermore is more likely to look at your actual circumstances manually rather than relying purely on automated affordability scoring. That can work in your favour if your income doesn’t fit a standard employed-with-payslips profile, but it also means these requests can take a little longer to process than a simple like-for-like rate switch.
Portfolio landlord considerations
Aldermore also supports portfolio landlords with multiple buy-to-let properties, and their product transfer process accounts for this. If you hold several mortgages with Aldermore, we review your whole portfolio when comparing rates, not just the individual property in question, to make sure the switch makes sense across your full lending position with them.
Buy-to-let and specialist product ranges
Aldermore’s buy-to-let range also extends to houses in multiple occupation (HMOs) and multi-unit freehold blocks, which many mainstream lenders won’t touch on a product transfer. If your original mortgage was arranged under one of these specialist categories, we make sure your renewal quote reflects the correct product type rather than defaulting to a standard buy-to-let rate.
What this means for your renewal timing
Aldermore allows product transfers to be arranged up to 17 weeks before your current deal ends. That is a slightly unusual window compared with the flat three, four, or six-month periods other lenders use, so it is worth confirming your exact date with us rather than assuming a round number applies. If your Aldermore deal is approaching renewal, get in touch in good time so we can lock in your new rate before you slip onto the standard variable rate.
If your Aldermore deal is coming up for renewal, complete our short form and we will check your options ahead of time.
