Aldermore offers a range of residential mortgages up to 80% loan to value and a number of buy-to-let deals up to 75% LTV as well as catering for creditworthy borrowers who may have been denied access to funds through alternate lending channels.
Phil Whitehouse, head of TMA, said: “Aldermore’s entry into the market has certainly worked to freshen up the intermediary lending arena through its common sense approach to lending. This addition to our lending panel will offer members a greater breadth of choice for those borrowers who are being penalised by automated credit scoring systems and experienced landlords looking for additional options.
“The flexibility of lending offered by Aldermore is a welcomed boost to the intermediary market and I’m sure that our members will utilise these offerings to help clients who may not have previously had access to such deals.”
Charles Haresnape, managing director of Aldermore Residential Mortgages, added: “Aldermore is delighted to join the TMA panel where its substantial following of directly authorised advisers can benefit from our sensible underwriting without credit scoring.”
