Close

Aldermore Residential Mortgage Lending reaches £2 Bn

POSTED: 16th June 2014
IN: Newsroom
Share:

British bank Aldermore is announcing today that it has provided more than £2 billion worth of Residential Mortgage funding to customers since first opening its doors for business in the summer of 2009.

Having recently celebrated the Bank’s fifth birthday, this marks another milestone in Aldermore’s journey. The Bank also recently announced its entry into the short term finance market to further expand its product range.

Charles Haresnape, Managing Director Residential and Commercial Mortgages at Aldermore says:

“We are delighted to have reached the £2 billion milestone, exactly two years after we reached £1 billion of mortgage lending. This is testament to the fact that customers are looking for banks that do things differently and are coming to us because we are providing just that.

“We are seeing a lot of customers take up our Help to Buy proposition which we launched in December and there is no doubt this has played an important part in us reaching these lending volumes.

“We are also supporting both landlords and property developers through our buy-to-let and development finance propositions. This is not only increasing supply in the housing market, but is supporting SME landlords and helping the British economy grow.”

 **ENDS**

 For further information journalists can contact:

Nicola York

Nicola.york@cicero-group.com 

+44 (0) 20 7297 5965 / +44 (0) 7841 864 107

Notes to Editors 

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

  • Personal
  • Journalist
  • Press Release
  • Residential Mortgages

Published: