remortgage with
Aldermore
Remortgaging with Aldermore
Aldermore, established in 2009 and acquired by the FirstRand Group in March 2018, is a prominent financial services company in South Africa. The lender offers a diverse range of specialized mortgage options tailored to various customer segments, such as self-employed individuals, first-time buyers, and later-life purchasers.
Additionally, Aldermore provides buy-to-let mortgages to landlords with different investment strategies. The lender’s commitment to excellence is evident through the numerous accolades it has received for its exceptional products and services.
4 Steps to remortgaging with Aldermore
Follow these four simple steps to remortgage with Aldermore
1
Assess Your Needs
Determine your remortgaging goals, such as lowering your interest rate, consolidating debts, or unlocking equity. Consider Aldermore's specific products, like fixed-rate or variable options, and their associated benefits, such as free valuation or legal fee assistance for remortgage customers
2
Check Eligibility
Review Aldermore's criteria, including maximum loan-to-value (LTV) limits, affordability stress tests, and any credit history considerations. Aldermore offers tailored products even for those with less-than-perfect credit
3
Apply Through an Intermediary
Submit your application through Aldermore's online system or via a mortgage advisor. Provide necessary documentation, such as proof of income, property details, and credit history
4
Complete the Legal and Valuation Process
Aldermore often includes free valuations and legal services as part of their remortgage products. After these are completed and approved, the remortgage is finalized, and you receive any applicable incentives, such as cashback
Who can Remortgage with Aldermore?
Aldermore mortgages are accessible to a wide array of applicants, although individuals with severely impaired credit may not be eligible for loans. When it comes to making lending decisions, Aldermore underwriters diligently familiarize themselves with each applicant’s unique circumstances, striving to simplify the process as much as possible.
Remortgaging with Aldermore is simple
Aldermore provides a wide range of buy to let mortgages to landlords. The time it takes for an Aldermore mortgage to go through can vary, but 95% of applicants receive an answer within seven working days. Aldermore is regulated by both the Prudential Regulation Authority and the Financial Conduct Authority. Aldermore is part of the FirstRand Group and also offers residential mortgages for first-time homebuyers, those upgrading to a new home, or purchasing a property later in life.
Key Advantages to
Remortgaging
with Aldermore
Consider these four important benefits of remortgaging with Aldermore
Free Legal Fees and Valuation
Enjoy complimentary legal services and property valuation for remortgaging, saving upfront costs on essential processes
Competitive Fixed and Variable Rates
Benefit from a range of fixed or variable rate products with competitive fees and incentives like cashback
Flexible Options for Credit Histories
Aldermore offers products for customers with less-than-perfect credit, helping more people access remortgaging opportunities
Portfolio Management for Landlords
Landlords can manage multi-property portfolios with tailored solutions, aligning completions and optimizing loan terms
we can help with Aldermore
Why Remortgage via BMI Money?
Aldermore provides flexible remortgage solutions with competitive rates, free legal fees, and valuations. Their tailored products accommodate varied credit histories, making them ideal for homeowners and landlords seeking affordability, reliability, and personalized support throughout the remortgaging process.
Get Started Today
BMI Money supports clients remortgaging with Aldermore by offering tailored financial advice, mortgage application assistance, and access to competitive rates. Our expertise simplifies the remortgaging process and ensures alignment with Aldermore’s specific lending criteria.
