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Aldermore Mortgages, PO Box 363, Wilmslow, SK9 0BT

Aldermore

At Aldermore we know not all clients fit a one-size-fits-all model and require a more specialist approach.

That's why our experienced team of manual underwriters assess each client's circumstances on a case-by-case basis, giving us more of an opportunity to help them to find the right mortgage, whatever their circumstances.

Aldermore supports a wide range of people, including first-time buyers with low deposits, the self-employed whose finances aren't simple and straight forward, homeowners looking for a better remortgage deal, landlords big or small looking to start or grow their property portfolio, and borrowers with less than perfect credit.

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’s commitment to specialist lending and to our intermediary partners sits at the heart of our business and its purpose. Our range of products are developed to support people that may otherwise struggle to get a mortgage with Mainstream lenders.

Our range of products are developed to support people that may otherwise struggle to get a mortgage with Mainstream lenders. Whether your client is a landlord, first time buyer, self-employed or has experienced a credit blip in the past, we're here to help.
We look at each application on its own merit and if there's a way to make it happen, we'll try to find it.

Buy to let: We can support landlords in a variety of ways, including:

1) Lending to both SPVs and Trading Companies
2) Allowing first-time landlords*
3) No minimum income for experienced landlords*
4) Allowing up to 6 directors/shareholders/applicants per application

We can also support landlords save time and money with our multi-property deal.

Here, we can:

- Combine 2 to 30 properties on a single application
- Aggregate the LTV and rental income across the application
- Require only one Personal Guarantee per director per application
- Offer free valuations & Legals (see product for details)*

Adverse credit: We can help customers who have experienced previous credit issues:

1) Three levels of adverse policy to support borrowers
2) High LTV lending on Level across level 1 & 2
3) Consider unsatisfied defaults & CCJ's*
4) Satisfied IVAs and current DMPs considered*

Self-employed: We can support self-employed clients by:

1) High LTV lending & up to 5.5x for household income £60k & above
2) Consider 1 years worth of trading only*
3) Using the latest years figures for affordability*
4) Consider using net profit (after tax) plus salary*

First time buyers: We are helping the first-time buyer market by:

1) High LTV lending, including on flats
2) Up to 5.5x for household income £60k & above
3) Concessionary purchase (Lend 100% of purchase price)*
4) We accept 100% of 2nd jobs, WTC, CTC & sustainable overtime*

*Conditions may apply, read our lending criteria guides for more information.

Here's some handy links for all the information you need before submitting a case with Aldermore: