Aldermore joins TMA’s lending panel
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The Mortgage Alliance has added residential and buy-to-let provider Aldermore Mortgages to its lending panel.
TMA believes the addition of Aldermore, which offers residential products up to 80% loan-to-value and buy-to-let deals up to 75% LTV, will enhance its offering for directly authorised intermediaries seeking to place creditworthy borrowers who may have been denied funds through alternate lending channels.
Paul Whitehouse, head of TMA, says Aldermore’s common sense approach to lending has refreshed the intermediary lending sector.
“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 welcome 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, adds: “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, along with excellent service.”
TMA is free to join and available to all directly authorised brokers.
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