Aldermore completes first case

Published on

Aldermore has completed its first mortgage eight days after the application was first submitted.

The deal was a three year fixed rate remortgage on a buy-to-let application submitted by L&G Mortgage Club on behalf of a borrower based in Mid Glamorgan, South Wales. The application, as with all Aldermore remortgages, came with a free legal service.

The application was submitted by L&G on 26 May and an offer was issued on 28 May. The case then completed on 4 June.

Colin Snowdon, chief executive, residential mortgages at Aldermore, said: “It’s great to have successfully completed our first deal

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

Later life lending must become ‘mainstream priority’, following FCA reform speech

Will Hale, chief executive of Key Advice & Air, has urged the mortgage industry...

FRP expands with acquisition of Arc & Co

FRP has strengthened its presence in the real-estate finance market with the acquisition of...

Metro Bank cuts rates and returns to 80% buy-to-let lending

Metro Bank has made further cuts across its residential, near-prime and buy-to-let product ranges,...

Conveybuddy appoints new business development executive

Conveyancing distributor conveybuddy has appointed Connor Nixon as its new business development executive, strengthening...

Masthaven joins TRM panel to widen access to bridging finance

The Right Mortgage & Protection Network has added Masthaven Finance to its lender panel,...

Latest publication

Other news

Later life lending must become ‘mainstream priority’, following FCA reform speech

Will Hale, chief executive of Key Advice & Air, has urged the mortgage industry...

FRP expands with acquisition of Arc & Co

FRP has strengthened its presence in the real-estate finance market with the acquisition of...

Metro Bank cuts rates and returns to 80% buy-to-let lending

Metro Bank has made further cuts across its residential, near-prime and buy-to-let product ranges,...