The company said there was high demand for its products, which include personal mortgages, bridging loans, and commercial and buy-to-let (BTL) mortgages, with Richard Rowntree (pictured), the group CEO, adding that he was seeing a “flight to quality” among users despite macroeconomic pressures.
“Our new technology and data platform is progressing at pace, we have continued to enhance our operational capabilities, and our head office transformation is well on track to be completed during the summer. We have also further strengthened our board and leadership team with strategic appointments and maintained our funding momentum during the quarter,” he said.
The group also announced average monthly lending of £309.9m – an increase of nearly 25% on the same quarter in 2025. The group also delivered its highest-ever monthly lending value, with £328.9m completed in March.
Records continue
The lender is currently developing a new multimillion-pound technology platform that it said will improve its operational capabilities for driving future growth, as well as undergoing a major refurbishment project at its headquarters in Cheadle, Greater Manchester.
Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let
Sponsored by Aldermore
The figures follow an earlier record loan book announcement in February of £8.1bn. The company also established a large loan lending unit earlier this year to offer a concierge-style service for loans to personal and commercial borrowers of over £1m. The company appointed Russell Anderson from Paragon as its chief strategy officer earlier this month, a move it said would support its growth plans.
The lender specialises in human-led underwriting, offering complex, asset-focused loans for non-standard borrowers. The company’s technology transformation has included the use of a cloud-based platform and now an artificial intelligence (AI) Banking Adviser from nCino, an AI-powered conversational interface designed to automate heavy data-driven tasks.
