Aldermore completes first case

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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

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