Aldermore has joined the Association of Short Term Lenders trade body following the launch of its bridging range this week.
Benson Hersch, chief executive of the ASTL, said: “We are really pleased to welcome Aldermore on board.
“Aldermore is a pioneering bank with a good reputation that has really made its mark in the mainstream lending market and I expect it to do the same in bridging.”
Charles Haresnape, managing director of residential mortgages at Aldermore, said: “We have a very positive offering to make to the bridging market, to brokers and borrowers for both residential and commercial bridging deals.
“A key way of doing this is through membership of the ASTL.”
Aldermore’s range is available through packaging partner Finance 4 Business.
Rates start from 0.75% with a maximum loan-to-value of 75%.
