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.
We’re withdrawing mortgage products – from Friday 20 May
We’re withdrawing products from our residential owner occupied and buy to let mortgage range
Products will be withdrawn from 6pm on Friday, 20 May 2022 and from this time our mortgage portals will be unavailable over the weekend whilst we make system changes.
We’ll be launching our new product range on Monday, 23 May!
The following products are being withdrawn from 6pm on Friday, 20 May:
► Residential owner occupied 2 and 5 year fixed standard level 1
up to 80% LTV for purchase and remortgage
► Residential owner occupied 2 and 5 year fixed high LTV
up to 95% LTV for purchase and remortgage
► Buy to let for individuals and companies with single residential investment properties
up to 80% LTV for purchase and remortgage
► Buy to let for HMO and multi unit freehold for individual and companies
up to 75% LTV for purchase and remortgage
► Buy to let multi property products
up to 75% LTV for purchase and remortgage
Pipeline applications
We’ll process pipeline applications as usual and if you’d like to secure one of these products for your client, the latest you can submit a decision in principle (DIP) is up to 6pm Friday, 20 May 2022.
Existing DIPs will remain valid for 30 days and they’ll need to be converted to full mortgage application within this time.
If you need to resubmit a DIP/enquiry, you’ll need to select a new product from the range that’s available at the time of submission.
Our mortgage guides will be updated on Monday, 23 May 2022.