Colin Snowdon, chief executive, residential mortgages at Aldermore, said: “We’re delighted that directly authorised mortgage brokers now have an even wider choice of ways in which to access our product range.”
Snowdon says Aldermore’s submission process takes minutes, after which they will receive an immediate decision in principle.
“Brokers can also upload supporting documentation online, meaning they can retain their original files, and a DIP will leave only a soft footprint on their clients’ credit records,” he added.
Aldermore offers residential products for both house purchase and remortgaging, up to 80% LTV, with a choice of 2-year discounts starting from 3.98% and 3 and 5-year fixed rates starting from 4.93%.
In the buy-to-let market, mortgages are available up to 75% LTV for the purchase or remortgage of a single property, with a choice of 2-year discounts starting from 4.98% and 3 and 5-year fixed rates starting from 5.78%.
Aldermore is planning to launch an additional range of limited edition mortgage products in the near future.
The clubs include: 3mc, BDS Mortgage Club, L&G Mortgage Club, Mortgagebox (PTFS Mortgage Club), Mortgage Intelligence Mortgage Club, Mortgage Next Mortgage Club, Pink Mortgage Club, Platinum Options and PMS.
Brokers must register with Aldermore before submitting applications.
