Other lenders to recently join the club include Abbey for Intermediaries, NatWest Intermediary Solutions, Principality and Hinckley & Rugby building societies.
Aldermore’s buy-to-let proposition offers a joint income requirement of £25,000 for first time landlords, while there is no minimum income requirement for experienced landlords.
Ying Tan, managing director at the Buy to Let Business mortgage club, said: “Over the past year, the Buy to Let Business has built up a strong relationship with Rob Barnard and his team at Aldermore so it gives me great pleasure to work in partnership with them for the mortgage club. Their ‘can do’ attitude has benefitted us as a company and we look forward to be able to offer our members a lender with this outstanding level of service.”
Rob Barnard, head of business development at Aldermore, added: “I’m delighted that Aldermore have joined the mortgage club, which is another great initiative from Ying and his team. Specialist distribution is a key part of our strategy and we see our approach to buy-to-let lending fitting in well with the knowledgeable approach of the team at the Buy to Let Business.”
