0333 321 1000
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Aldermore Mortgages, PO Box 363, Wilmslow, SK9 0BT

Aldermore

An award-winning specialist mortgage lender

In 2009, Aldermore set out to be the bank helping those with ideas, big and small, to realise their dreams and to seek and seize opportunity in their personal and professional lives. Today, they’re an award-winning bank offering a range of specialist mortgages, savings and business finance solutions that provide their customers with the support they need to make things happen.

They provide opportunities for a wide range of residential mortgage applicants: including first time buyers with low deposits, remortgagers looking to get a better deal, customers with less than perfect credit and borrowers aged 55 and over. And if your customer is self-employed and has a 15% deposit, they may only need 1 year of accounts to assess their income for a mortgage or remortgage on their home.

They are also committed to helping the nation’s landlords; whether your customer is big or small, individual or limited company, their range of buy to let mortgages is the perfect way to expand their portfolio. To find out how much your customer could borrow, before submitting your case with them, you can use their buy-to-let affordability calculator.

Paid by PMS

For details of when your proc fee will be paid, please click on the button below.

Paid by PMS

Proc Fees

Product	Gross	Net
Residential Products	0.55%	0.50%
Product Transfers	0.35%	0.30%
Buy to Let Products	0.65%	0.60%

Proc fees - when your proc fee will be paid

Product Type	When does the lender pay PMS?	Frequency
Specialist Buy To Let	Paid the Friday the week after completion.	Weekly

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.

Overview

Register

Register to place business with Aldermore Mortgages:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

An award-winning specialist mortgage lender

Aldermore offer residential mortgages for first-time buyers and homeowners who want to move or to remortgage. And if your client is self-employed and has a 15% deposit, we may only need 1 year of accounts to assess their income for a mortgage or remortgage on their home.

Their buy-to-let mortgage range is designed for landlords and limited companies, with large or small portfolios. To find out how much your client could borrow, before submitting their case with Aldermore, you can use their buy-to-let affordability calculator – it’s the same one our underwriters use, so you can be sure it’s accurate!

They back you with:

Dedicated contacts

Aldermore employ experts to help you with new opportunities in your area – use the BDM finder to get the details of your regional representatives.
You’ll also be contacted by their processing and underwriting teams at key stages of your client’s application, including a dedicated case owner following the initial underwrite.

Transparent service

To give you an idea of how long it’ll take them to progress your client’s case, they update their current underwriting and offer timescales every working day on their intermediary website.

Teamwork

You’re their valued intermediary partners and they’re here to give you the right products and support to help keep your clients for the long-term. That’s why they pay retention procuration fees on their loyalty mortgages.