Aldermore offers bridging rates starting from 0.64% per month on residential loans up to £3 million, with a maximum LTV of 75%.
John Cupis, managing director of mortgages at SBG, said:
“We believe that extending our bridging loan offering with the addition of Aldermore Bank will be popular with members.
“Bridging is a growing market, which represents a great opportunity for brokers to widen the services they can offer their clients.”
Rob Barnard, head of intermediary distribution at Aldermore, added:
“We are very pleased to be added to SBG’s bridging panel and look forward to being able to offer their members access to our bridging products.
“Aldermore have a good working relationship with SBG and this is a positive step to strengthen that relationship and make our bridging finance products more accessible to the market.”
