Aldermore raises residential loan ceilings

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Aldermore has increased its maximum loan size on both 75% and 80% LTV residential deals.

The ceiling for 75% LTV residential mortgages moves from £600,000 to £1 million, while the maximum loan size on residential mortgages up to 80% LTV is now £400,000.

Charles Haresnape, managing director of Residential Mortgages at Aldermore, said: “We’ve experienced increased demand for larger loans and we’re delighted to announce this criteria change

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