Aldermore celebrates first anniversary

Published on

Aldermore has completed £240 million of mortgages during its first 12 months in operation.

The residential and buy-to-let mortgage lender celebrates its first anniversary today. It says the applications completed during the first year were introduced by 8,000 registered mortgage brokers.

Charles Haresnape, managing director of residential mortgages at Aldermore, said: “We set out exactly a year ago to help brokers place creditworthy mortgage applications being rejected by high street lenders. The response from intermediaries and their clients to our proposition has been fantastic and the growth of the business has exceeded our expectations.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Landlords exploit softer market with lowball offers

More than half of buy-to-let investor offers were at least 10% below the original...

Asking prices suffer biggest August fall since 2018

The average asking price of a newly listed home fell by 2% in August,...

Instamo launches automated post-submission mortgage tool

Instamo has launched FastAdmin, a post-submission automation service designed to reduce the administrative work...

HMLR and OS data tie-up targets faster property transactions

HM Land Registry (HMLR) and Ordnance Survey (OS) have agreed a three-year collaboration intended...

FCA bans CEO over fake €200m bond portfolio

The Financial Conduct Authority (FCA) has fined and banned two former Blue Horizon Asset...

Latest publication

Other news

Landlords exploit softer market with lowball offers

More than half of buy-to-let investor offers were at least 10% below the original...

Asking prices suffer biggest August fall since 2018

The average asking price of a newly listed home fell by 2% in August,...

Instamo launches automated post-submission mortgage tool

Instamo has launched FastAdmin, a post-submission automation service designed to reduce the administrative work...