ALL LENDER UPDATES

Aldermore Make Changes to Residential Lending Criteria

Aldermore have made changes to their residential owner occupied lending criteria to help more of your clients buy the home of their dreams. We’re excited to let you know about the changes we’ve made to our residential owner occupied mortgage criteria. We’ve listened to your valuable feedback and introduced new level 2 and 3 lending criteria to help you

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Lendinvest: Up To 25bps Rate Cuts For Your Homeowner Customers In Our Updated Residential Range

For Your Homeowner Customers In Our Updated Residential Rang Offer you customers more choice Lendinvest homeowner customers, who may not be able to get a mortgage elsewhere, now have more to choose from in our updated residential mortgages range. Our new range includes: Reduced tracker rates by 25bps Fixed rate reductions by 15bps New no-fee

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Kensington- Mid LTVs are here!

Just in case you missed this- we have introduced some mid-LTV products, in  our range to try and support customers that have LTV’s that meet in the middle. A customer with 87.5% LTV for example, that meets the eligibility of the range,  will get a cheaper rate than the 90% LTV product meaning we’re trying

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Mercantile Trust – A new client success story!

Our client had taken out a bridging loan with the intention to expand their business building by adding a second storey and transforming it into flats. However, unforeseen planning restrictions and construction challenges arose, meaning the project would not be finished in time to settle the bridging loan as planned. Therefore, an urgent extension was needed, and our team was ready

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