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Aldermore enhances buy-to-let criteria

New British bank Aldermore has strengthened its buy-to-let product criteria.

  • First time landlords accepted
  • Maximum borrower age increased to 85

Charles Haresnape, Managing Director of Residential Mortgages at Aldermore, said:

"We've listened carefully to feedback from brokers and expect these enhancements to our buy-to-let criteria to be well received. 

"As we're now happy to consider first time landlords, as well as increasing our maximum borrowers' age to 85, these additional benefits make the product more flexible and helps to open up the buy-to-let market to new customers."

Combined with our competitive range of discounted, fixed and term variable rates which start from just 4.68%, Aldermore's buy-to-let proposition is extremely compelling."

Full information about Aldermore's buy-to-let products including rates, criteria and a downloadable product guide, are available at: www.aldermore.co.uk/intermediaries/residential-mortgages/or brokers can contact Aldermore on 0333 3211000.

Aldermore markets its residential mortgages exclusively via regulated 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 staff.

 

**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.