The intermediary-only residential and buy-to-let lender will initially make its products available to a select panel of mortgage networks and clubs.

These include 3mc, BDS, Legal & General, Mortgage Intelligence, Mortgages for Business, Mortgage Next, Pink, Platinum and PTFS.

Appointed representatives will be notified next week by their network or club on how they can register and submit applications to Aldermore.

Colin Snowdon, chief executive of residential mortgages at Aldermore, said: “Our launch plan is initially to roll out our service via a panel of brokers selected by our distribution partners, so that we can carefully monitor the quality of business we receive and ensure the quality of service we provide.

“However, it’s then our intention to widen access to all broker members of our distribution partners. This roll out approach is an important part of our determination to provide excellent service levels.”

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Aldermore said that the feedback it has received from brokers during the testing phase over the past few weeks has been extremely positive.

Aldermore announced details of its product range last week, which will include loans for house purchases and remortgages up to 80% LTV, with two-year discounts starting from 3.98% and three- and five-year fixed rates starting from 4.93%.

Its buy-to-let mortgages will be available up to 75% LTV for the purchase or remortgage of a single property, with two-year discounts starting from 4.98% and three- and five-year fixed rates starting from 5.78%.