Aldermore announced some product changes. See below for more information. For information on their current products and criteria call our team or click here. REMEMBER, you can access the Aldermore range using our Direct to Lender mortgage club so do contact us for further information. For any Documents Click here. Calculators Click Here.
Changes to affordability – helping more of your clients secure their first or next mortgage
We understand the challenges facing residential homeowners and recognise that making the numbers stack up on affordability is so important for your clients.
It’s a topic that’s constantly discussed with our broker partners and the feedback we’ve received has been really valuable when finding ways to maximise borrowing.
The system changes we’ve made over the weekend are all aimed at enhancing our affordability assessments and helping you to secure a mortgage for your clients.
You can use our affordability calculator to see how much your client could borrow.
Improvement to our buy to let application journey
We’ve also made system changes for buy to let cases, offering remote valuations on some applications to help to speed up our application journey.
This will help us to make quicker decisions and improve our application journey for your buy to let clients.
For more information on how we can support your clients, visit our website or contact your relationship manager.
New and reduced mortgage products – from Friday, 1 December 2023
We’ve also reduced rates across our buy to let, residential owner occupied and product switch range, helping you find the right mortgage product for your clients.
You’ll find all our new rates in our mortgage guides on our website.