Aldermore launches limited edition mortgage range

Aldermore, the new intermediary residential and buy to let lender, has launched a Limited Edition range of residential mortgage products and increased its maximum loan size to £500

Related topics:  Mortgages
Millie Dyson
12th July 2010
Mortgages
The Limited Edition range has the following features:

- A choice of one and three year discounts starting at 4.39%, one year fixed rates starting at 4.99% and new term variable rates starting at 4.98%

- All rates available up to 80% LTV for both purchase and remortgage

- Completion fees from £999

The following features are available across both the Limited Edition and Standard residential ranges:

- Historical mortgage arrears considered if the arrears were resolved over 12 months ago

- Maximum loan limits increased to: £500K to 50% LTV, £400K to 65% LTV and £300K to 80% LTV

- Fee free conveyancing on all remortgages


Colin Snowdon, Chief Executive, Residential Mortgages at Aldermore, said:

“Our Limited Edition range, which sits alongside our existing Standard range, answers many of the ‘wish list’ requests made since our launch: a wider choice of products with new one and three year discounts and one year fixed and term variable rate options; extremely competitive rates up to 80% LTV; completion fees from £999 and an increased maximum loan size available up to £500,000.

“The Limited Edition range is available immediately to both appointed reps and directly authorised brokers via any of our distribution partners. Brokers need to register before submitting business to us, which they can do online at www.aldermore-mortgages.co.uk.”

Aldermore’s distribution partners include: 3mc, BDS, Legal & General, Mortgages for Business, Mortgage Intelligence, Mortgage Next, Pink, Platinum, PMS, PTFS and Sesame.
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