Aldermore celebrates first anniversary

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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.

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