On residential loans up to £3m, the lender offers bridging rates starting from 0.64 per cent per month, with a maximum LTV of 75 per cent.
John Cupis, Managing Director, Mortgages, at SBG, commented:
“We believe that extending our bridging loan offering with the addition of Aldermore Bank will be popular with members. Bridging is a growing market, which represents a great opportunity for brokers to widen the services they can offer their clients.”
Rob Barnard, Head of Intermediary Distribution at Aldermore, said:
“We are very pleased to be added to SBG’s bridging panel and look forward to being able to offer their members access to our bridging products. Aldermore have a good working relationship with SBG and this is a positive step to strengthen that relationship and make our bridging finance products more accessible to the market.”
Leave a comment