Aldermore says that its range of residential mortgages, which will be launched during the second quarter of 2010, will help creditworthy borrowers who are currently being turned away by lenders who are using high credit scores and low LTVs to control business volumes.

Colin Snowdon , chief executive, residential mortgages, at Aldermore said: “Thousands of perfectly creditworthy borrowers are being denied access to the mortgage market by lenders who rely on credit scoring and refuse to consider cases which fall outside the norm.