Mortgages For Business Selected As Distribution Partner For Aldemore Mortgages 26.10.2010

Mortgages for Business has been chosen to become part of a select distribution panel for Aldermore Mortgages.

Nick Blunt, Head of Business Partner Development at Mortgages for Business, said: “This appointment ensures that we remain truly whole of market and strengthens our comprehensive array of funding solutions for property investors”.

Aldermore Mortgages is a new intermediary only lender, which promises to take a fresh perspective on the UK mortgage market.

Blunt, added: “Its residential mortgages have been developed specifically for creditworthy borrowers that have been penalised by the automated credit scoring systems that don’t easily accommodate increasingly common lifestyle changes such as a job move or relocation,”

“Its buy to let proposition targets experienced landlords who have been unable to remortgage or finance new properties due to the lack of buy to let funding”.

Buy to let products available from Aldermore include a five year fixed at 5.93% and a four year fixed at 4.99% both at 75% loan to value. These products are currently listed in our latest Buy to Let Best Buy Table.