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.
Looking for a mortgage for your self-employed client?
With 1 year’s accounts
- Lending up to 90% LTV
- For affordability we’ll use salary and dividends
- Capital raising is available for business purposes up to 85% LTV*
With 2 year’s accounts
- Lending up to 95% LTV
- When assessing income we can consider the highest combination of salary and dividends OR salary and share of profit after taxation
- If income has increased in the past year, we may be able to use these figures when assessing affordability, as long as their accountant can confirm that the income is sustainable
- Capital raising is available for business purposes up to 85% LTV*
*Subject to this not supporting an ailing business.