New British bank Aldermore has strengthened its buy-to-let product criteria, so that it now accepts first-time landlords and has increased the maximum borrower age to 85.
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.
“These additional benefits make the product more flexible and helps to open up the buy-to-let market to new customers.”
Aldermore markets its residential mortgages only via regulated intermediaries. It does not base its decisions on credit scoring.
www.aldermore-mortgages.co.uk
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