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Aldermore extends product range

POSTED: 28th February 2011
IN: Newsroom
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Charles Haresnape, Managing Director at Aldermore Residential Mortgages, said "These enhancements have been designed to broaden our product range and give borrowers even greater choice."

Aldermore has extended its product range to include the following enhancements:

  • New residential one year discount rates from 4.68%
  • New buy to let two year fixed rates from 5.68%
  • Minimum loan size on all products reduced to £25,000
  • Completion fee reduced to 2% on buy to let term variable rate products
  • Reduced ERC on residential and buy to let term variable rate products

Full product details, including a downloadable guide, are available at www.aldermore-mortgages.co.uk.

Charles Haresnape, Managing Director at Aldermore Residential Mortgages, said "These enhancements have been designed to broaden our product range and give borrowers even greater choice, at a time when many borrowers remain unsure whether now is the right time to fix."

"Our new one-year discount, for example, will appeal to borrowers looking for short-term flexibility and the reduced early repayment charge on our term variable rate will increase appeal for borrowers who don't believe rates will rise significantly in the short-term. We've also broadened our buy to let range, giving landlords the choice of a two year fixed rate, in addition to our very popular three and five year fixed rate deals."

Aldermore's mortgages are available exclusively through intermediaries and, unlike most other lenders, decision-making is not dependent on credit scoring but is based on sensible underwriting rules and criteria applied by experienced people. Aldermore welcomes calls from brokers who would like to discuss potential deals. Brokers can contact Aldermore on 0333 3211000.

Further information about Aldermore's range of products and services can be obtained at: www.aldermore.co.uk/intermediaries/residential-mortgages/

**Ends**

For further information journalists can contact:

Josh Cooper, PR consultant                   office: 01295 688243
josh@cooper-consultants.co.uk             mobile: 07768 355265

For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page. 

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