Aldermore has made several improvements to their residential mortgage offerings, highlighting five key reasons to consider them for clients:
- New Limited Edition Rates: They have launched more new limited edition products, expanding choice across Level 1, Level 2, and multiple LTV tiers.
- Improved Loan to Income (LTI) Limits: They now offer up to 6 times the household income for eligible borrowers, which could significantly increase borrowing power.
- Unlock More for Contractors and Self-Employed: New gross income affordability checks have been introduced for CIS and zero-hour workers to more accurately reflect their true earnings.
- Find out more on backing Britain’s contractors.
- Specialists to Support You: Their team understands the complexities of residential owner-occupied lending and makes decisions on individual merit.
- More Flexible Lending: They have increased maximum loan amounts to £1m at 95% LTV on Level 1 and extended their maximum age criteria.
They are positioned to help clients including first-time buyers, self-employed clients with complex income, or those with past credit blips. You can contact their expert team with any questions.
If you have any questions, contact our expert team who are here to support you.