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.
Making more happen for your residential clients
We’re back with an improved residential mortgage range to help support more of your first-time buyers and home movers find the home of their dreams.
How can Aldermore help?
We’ve always championed the underserved, looking at a customer’s potential, not just their credit rating. We know the mortgage market is a trickier place than ever for some borrowers, and finding a solution to meet your client’s needs is challenging – but it’s a challenge we’re happy to take on!
Here’s some of the recent changes we’ve made to our residential range:
- NEW 95% LTV rates – fixed rates from 6.59%
- New build – increased maximum LTV limits – houses 90% and flats 85%
- Remortgages – increased maximum LTV when capital raising for debt consolidation, business purposes and other non-property related purposes to 85% LTV
We’ll continue listening to broker feedback when reviewing our residential proposition, so we can make even more improvements to our range that benefit your clients.
Self employed challenges
It’s never been harder for some self-employed borrowers to get the numbers to stack up when they apply for a mortgage.
Affordability is stretched and that’s particularly problematic for self-employed borrowers.
Read more on our Mortgage Insights page.