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Aldermore mortgage lending passes £2bn mark

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  • 16/06/2014
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Aldermore mortgage lending passes £2bn mark
Aldermore has completed more than £2bn in mortgage lending since its launch, figures released by the lender have shown.

The bank opened its doors in 2009 and has lent on residential mortgages since April 2010. It has now passed the £2bn mark.

Charles Haresnape, recently promoted to managing director residential and commercial mortgages at Aldermore, said the lender’s Help to Buy range had proved popular since its launch last year.

“We are delighted to have reached the £2bn milestone, exactly two years after we reached £1bn of mortgage lending. This is testament to the fact that customers are looking for banks that do things differently and are coming to us because we are providing just that.

“We are seeing a lot of customers take up our Help to Buy proposition which we launched in December and there is no doubt this has played an important part in us reaching these lending volumes.

“We are also supporting both landlords and property developers through our buy-to-let and development finance propositions. This is not only increasing supply in the housing market, but is supporting SME landlords and helping the British economy grow.”

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