Aldermore allows fees to be added to loan

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mortgage product fees

Charles Haresnape

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.”