You are here: cherry > Press releases for August 2011 > Aldermore enhances buy-to-let criteria

01 August 2011

New British bank Aldermore has strengthened its buy-to-let product criteria, with the following important enhancements: �First time landlords accepted �Maximum borrower age increased to 85 Full details of criteria and a summary of Aldermore�s buy-to-let product range can be downloaded from www.aldermore-mortgages.co.uk Charles Haresnape, Managing Director of Residential Mortgages at Aldermore, said: �We�ve listened carefully to feedback from brokers and expect these enhancements to our buy-to-let criteria to be well received. �As we�re now happy to consider first time landlords, as well as increasing our maximum borrowers� age to 85, these additional benefits make the product more flexible and helps to open up the buy-to-let market to new customers.� Combined with our competitive range of discounted, fixed and term variable rates which start from just 4.68%, Aldermore�s buy-to-let proposition is extremely compelling.� Full information about Aldermore�s buy-to-let products including rates, criteria and a downloadable product guide, are available at: www.aldermore-mortgages.co.uk or brokers can contact Aldermore on 0333 3211000. Aldermore markets its residential mortgages exclusively via regulated intermediaries and, unlike most other lenders, decision-making is not dependent on credit scoring but is based on sensible underwriting rules and criteria applied by experienced staff.

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