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Tuesday, January 28, 2020

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Aldermore expands residential product offering

Sam Monk | 14:10 Wednesday 1st May 2019

Aldermore has launched new options across its residential mortgage range for high LTV and remortgage products.

Changes include three-year fixed options, 85% LTV options on purchase products and fee-free remortgage products.

The specialist bank has also reduced early repayment charges on three- and five-year fixed term mortgages.

“Homebuyers are more varied and complex than ever before and we want to provide products that fit them, not them that have to fit the product,” said Damian Thompson, director of mortgages at Aldermore (pictured above).

“Aldermore’s human approach to lending allows us to consider each case on its individual merits, so those that don’t fit in the boxes other lenders require have the opportunity to find the mortgage that is right for them.”

This news follows the refresh of Aldermore’s criteria across its residential mortgage range.

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