Aldermore reveals new products for 2013
Charles Haresnape, managing director of residential mortgages, told Mortgage Introducer the bank would be adding let-to-buy to its mortgage range allowing homeowners who can’t sell their properties to let them out instead.
And it will be offering customers the facility to add fees to their mortgages across the full product range rather than deducting them from the capital advance.
Haresnape said: “You will see some significant product developments in 2013 with let-to-buy and the facility to add fees being just the first two to come to market.”
These latest plans follow Aldermore’s plans to launch an alternative to the Family Guarantee Mortgage and the decision to extend lending into Scotland.