Aldermore

**Exclusive Later Life Lending Products Through AToM**

Aldermore have made quite a name for themselves in the specialist mortgage world - and now they're extending their offering to Later Life Mortgages

Their new range features multiple product options, including a 2,3,5 and 10 year fix as well as a product with no ERCs and an opportunity to extend repayments up to the age 99. So your client can borrow what they need and pay it back at a manageable rate

If your client wants to treat themselves in their retirement, or get a head start on their inheritance Aldermore have got a mortgage with their name on it

Key Later Life Lending Features:

  • Available to applicants age 55 and over
  • Max age at application of 85
  • Max age at end of term 99
  • Available up to 75% LTV
  • Available for purchase and remortgages
  • 2, 3, 5 and 10 year fixed options available
  • 10 year fixed with only 5 years ERCs
  • Variable products with No ERCs available
  • Free legals on remortgages
  • Available on Repayment and Interest-Only
  • Sale of property accepted as repayment vehicle on Interest-Only
  • Rates starting from as low as 3.38%
  • Loans from £25,000
  • Employed income taken up to age 70
  • Rental income taken up to age 85
  • Available in England, Wales and mainland Scotland

Commercial Mortgages

Aldermore offer mortgages across a wide range of property types, so no 'off the shelf' packages. Instead, your customer will get individual commercial mortgages that match the specific needs of your SME clients and property investors.

Key Commercial Features:

  • Up to 75% LTV of the Open Market Value available
  • Loans from £50,000 - £1,000,000
  • Properties valued from £75,000 accepted
  • Rates from 5.14% for Commercial investment properties
  • Rates from 4.94% for Semi-Commercial investment properties
  • Rates from 4.74% for Commercial owner-occupied properties
  • Terms from 6 to 20 years
  • 3, 5 and 7 year fixed rates available
  • Term variable rate available
  • Available to individuals, partnerships, LLPs, Private Ltd Companies (Ltd), Public Ltd Companies (PLC) registered in the UK
  • Some adverse credit considered

Who Might This Range Be For?

This might be the range for your customer if they:

  • Need a quick turnaround time from Submission to Completion
  • Are a professional Landlord looking to remortgage multiple properties
  • Are needing finance against an HMO or Multi-unit Freehold

Development Finance

Aldermore provide flexible funding solutions for your clients who are experienced house builders, working on residential and mixed-use developments.

Key Development Features

  • Up to 60% of the GDV
  • Available on Residential Developments
  • Available on Mixed Use Developments
  • Available for refurbishments, conversions, student accomodation and new build developments
  • Available to individuals, partnerships, LLPs, Ltd Companies (Ltd) and Public Ltd Companies (PLC)
  • Each case individually priced by Alermore's expert team
  • Loans from £500,000 to £25 million
  • Available in England, Wales and Mainland Scotland

For more information on Aldermore, call our Sales Team on 01403 27 26 25 or email us at sales.team@atomltd.co.uk