Birthday greetings for Aldermore

Published on

Aldermore is celebrating the second anniversary of its launch into the specialist residential and buy-to-let mortgage lending sectors.

Launched in 2010, Aldermore Residential Mortgages markets a range of residential and buy-to-let mortgage products via intermediaries throughout the UK.

Since then it has lent over £600 million to more than 4,500 UK homeowners. When commercial mortgages are included the amount lent exceeds £1 billion.

The performance of Aldermore Residential Mortgages has been truly impressive and continues to go from strength-to-strength,” said Charles Haresnape, managing director of residential mortgages at Aldermore.

“We now have a team of 70 staff based in Wilmslow, providing advice and support to a panel of more than 10,000 registered brokers across the country.

“We enjoy strong working relationships with all of the UK’s leading mortgage distributors which include mortgage networks, clubs and estate agency groups. Our focus – and the reason for our success – has been our willingness to assess applications based on their own merits, rather than relying on automated credit scoring systems. Brokers appreciate our innovative products, competitive criteria, more personal focus and our commitment to providing a consistently high quality service.

“We have also invested in market-leading technology, which includes a broker portal that enables intermediaries to submit applications, get instant DIPs and send supporting documentation to us online.

“We intend to continue championing the cause of British homeowners by developing products aimed at creditworthy borrowers being let-down by larger high street banks. We have some exciting plans on the drawing board which I’m looking forward to announcing later in the year. In the meantime, we’ll continue to provide brokers with the high quality service and feature-rich products they have come to expect from Aldermore.”

Latest POLL

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

Dividend growth could be boost for mortgage sector

Despite a 4.6% fall in UK company dividends during the first quarter of 2025...

Five-year frenzy: Brokers urged to act as fixed-rate terms end

Mortgage brokers are being urged to step up their client engagement strategies as a...

The Mortgage Soup view: Challenges and opportunities for brokers

One of the biggest focal points for brokers this year is the sheer volume...

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Other news

Food for thought for those not selling mortgage protection

Networks have told me that only one-in-four mortgages arranged are safeguarded by mortgage protection...

Buy-to-let market could be mere months away from seismic shift

As the Renters Reform Bill works its way through parliament there should be much...

How a JBSP mortgage can help boost affordability

With the average house price in the UK nearing £300,000, affordability remains a sticking...
Advertisement