Aldermore is now letting mortgage borrowers have the option to add completion and electronic transfer fees to their loans.

This facility is being made available on residential and buy-to-let mortgages. It does not include NewBuy and the Family Guarantee Mortgage.

Charles Haresnape (pictured), managing director of residential mortgages at Aldermore, said: “We’re very aware that, for some borrowers, the cash required to pay for mortgage fees is a drain on their finances at a time when they need access to cash for other purposes.

“This is another example of ways in which Aldermore is trying to make it easier for borrowers to get a step on and move up the housing ladder or maximise landlord investment in buy-to-let.”