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

FCA bans CEO over fake €200m bond portfolio

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

Pivotal reports 121% growth in second charge lending

Pivotal has reported a 121% year-on-year increase in second charge lending through its Believe...

ModaMortgages trims limited-edition five-year fixed rates

ModaMortgages has reduced rates by up to 10 basis points across its limited-edition five-year...

Providence agrees deal to acquire Hometrack

Providence Equity Partners has agreed to acquire Hometrack, the residential property valuation and risk...

The Coventry cuts fixed rates by up to 20bps

Coventry for intermediaries has reduced every fixed-rate mortgage in its range, with lower rates...

Latest publication

Other news

FCA bans CEO over fake €200m bond portfolio

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

Pivotal reports 121% growth in second charge lending

Pivotal has reported a 121% year-on-year increase in second charge lending through its Believe...

ModaMortgages trims limited-edition five-year fixed rates

ModaMortgages has reduced rates by up to 10 basis points across its limited-edition five-year...