This content is for intermediary use only. If you're a mortgage customer, please
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This content is for intermediary use only. If you're a mortgage customer, please
click here.
More choice. More flexibility. Our new five-tier residential lending is here, now up to 98% LTV. Read our update.
Up to 98% LTV at Level 1 and max loan of £600,000
With a wide range of criteria options to support the diverse needs of today's borrowers.
Up to 6x LTI for eligible borrowers and reduced stress rates on 2 & 3 year fixed products.
Every case is manually reviewed, giving clients real life decisions.
We know that every first time buyer has a story and we’re here to help you make homeownership possible for even more of them.
We combine flexible lending criteria, competitive products, and a broker-friendly approach to help make mortgages accessible even for clients who might otherwise struggle to get on the property ladder.
We know that every first time buyer has a story and we’re here to help you make homeownership possible for even more of them.
We combine flexible lending criteria, competitive products, and a broker-friendly approach to help make mortgages accessible even for clients who might otherwise struggle to get on the property ladder.
Today's first-time buyers face challenges previous generations never experienced.
Higher property prices, larger deposit requirements and limited credit histories can all make getting onto the property ladder more difficult.
We understand that many first-time buyers are financially responsible and mortgage-ready, even if their profile doesn't fit every mainstream lending criteria.
That's why we take a pragmatic approach to cases involving gifted deposits, limited credit footprints and minor historic credit blips.
We can support customers who:
Because sometimes the future matters more than the profile.
James and Sophie had stable incomes, strong affordability and had spent years saving for their first home. However, a limited credit history, a gifted deposit and a couple of historic late payments meant they didn't fit every lender's criteria.
At Aldermore, we understand that many first-time buyers don't have extensive credit histories. That's why we look beyond automated decisions to assess the full picture behind every application.
For customers like James and Sophie, this means support for gifted deposits, a pragmatic view of minor credit blips and individual underwriting that considers overall affordability and circumstances.
In cases like theirs, we can consider:
Because sometimes the most important part of an application isn't what's on the credit report, it's the future ahead of it.
This case study is not based on real life events, and all applications will be assessed on a case-by-case basis.
James and Sophie had stable incomes, strong affordability and had spent years saving for their first home. However, a limited credit history, a gifted deposit and a couple of historic late payments meant they didn't fit every lender's criteria.
At Aldermore, we understand that many first-time buyers don't have extensive credit histories. That's why we look beyond automated decisions to assess the full picture behind every application.
For customers like James and Sophie, this means support for gifted deposits, a pragmatic view of minor credit blips and individual underwriting that considers overall affordability and circumstances.
In cases like theirs, we can consider:
Because sometimes the most important part of an application isn't what's on the credit report, it's the future ahead of it.
This case study is not based on real life events, and all applications will be assessed on a case-by-case basis.
Download our residential mortgages lending criteria.
For owner-occupied and individual buy to let applications. You can log in to our Residential Mortgages Broker Portal or register here.
IF YOUR CLIENT FAILS TO KEEP UP PAYMENTS ON THEIR MORTGAGE THEIR PROPERTY MAY BE REPOSSESSED.
