A lack of understanding by FTB’s around house buying process and the associated costs says Aldermore

According to the latest research from Aldermore’s Q3 2017 First Time Buyer Index, they mention that there is a real lack of understanding around the house buying process and the associated costs amongst those looking to buy their first home. Charles McDowell, Commercial Director, Mortgages: “It is clear there is a divergence between perception and…

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Aldermore reaffirms support and commitment and launches new website.

Aldermore, the specialist bank, has  reaffirmed its support and commitment to the intermediary market with the launch of its new service promise to ensure that brokers continue to receive exceptional support, also as part of Aldermore’s ongoing commitment to the intermediary market, the Bank has also launched a new website. The new website allows brokers…

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Replacement mortgages for HTB: mortgage guarantee scheme

Aldermore has introduced new residential mortgage products as well as new first-time buyer deals following the closure of the Help to Buy  (HTB) mortgage guarantee scheme. Commenting on the new product range, Charles Haresnape, Group Managing Director, Mortgages, at Aldermore, said: “Our new products for 2017 offer something for everyone, whether it is lower rates or…

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Aldermore introduces new limited edition BTL product

Aldermore Group PLC the specialist lender and savings bank announced this week the launch of its lowest ever Buy-to-Let (BTL) product at 2.99% aimed at Private Landlords, for loans up to £1 million. The product applies to private individuals looking to either purchase or remortgage a buy-to-let property, and includes: 2.99% 5-year fixed rate up to…

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Aldermore launches changes to BTL product range

Aldermore launched yesterday  two limited edition changes to its standard buy-to-let (BTL) product range. The changes are: 3.18 per cent to 70 per cent LTV (loans up to £1m) 3.25 per cent to 75 per cent LTV (loans up to £600,000) The loans are available for private individuals on purchases and remortgages,  they both  have…

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Aldermore shrugs off Brexit fears with H1 profit increase

Aldermore Group PLC yesterday announced it’s Half Year results for 2016, reporting strong returns and continued growth, profit before tax increased by 50% to £59m. Phillip Monks, CEO, commented: “It has been another strong six months of operational and financial performance as we delivered double digit growth and an underlying return on equity in the…

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