Aldermore raises residential loan ceilings

Published on

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

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

Wealthy borrowers favour liquidity as specialist lending grows

High-net-worth borrowers are increasingly using finance to preserve liquidity and manage their wider wealth...

MIMHC extends mental health survey after record industry response

Mortgage professionals have been given an extra week to contribute to the Mortgage Industry...

e4 Strategic signs Project 28 Charter to speed up property transactions

Proptech provider e4 Strategic has joined the Project 28 Charter, an industry initiative intended...

Nomo joins Omni Mortgage Club lender panel

Omni Mortgage Club has added Sharia-compliant property finance provider Nomo to its lender panel. The...

United Trust Bank creates expanded role for buy-to-let and bridging

United Trust Bank has promoted Gene Clohessy to director of buy-to-let and bridging, giving...

Latest publication

Other news

Wealthy borrowers favour liquidity as specialist lending grows

High-net-worth borrowers are increasingly using finance to preserve liquidity and manage their wider wealth...

MIMHC extends mental health survey after record industry response

Mortgage professionals have been given an extra week to contribute to the Mortgage Industry...

e4 Strategic signs Project 28 Charter to speed up property transactions

Proptech provider e4 Strategic has joined the Project 28 Charter, an industry initiative intended...