Mortgages 3 min read 27/11/2024 Aldermore launches new buy to let rates for landlords Aldermore launches new buy to let rates for landlords Aldermore today launches new buy to let (BTL) limited edition 2 year products, as well as new product switch rates for landlords with large HMOs (7+) and multi-unit freeholds (5+).
Mortgages 3 min read 22/11/2024 Aldermore changes buy to let remortgage criteria for recently purchased properties Aldermore changes buy to let remortgage criteria for recently purchased properties Aldermore today announces improvements to its buy to let remortgage criteria for properties purchased within the last six months.
Mortgages 3 min read 24/10/2024 Aldermore urges government not to end stamp duty exemption threshold for first time buyers in Autumn Budget Aldermore urges government not to end stamp duty exemption threshold for first time buyers in Autumn Budget Ahead of the Autumn Budget, Aldermore are calling for the Government not to end the stamp duty exemption threshold for first time buyers (FTBs), currently set at £425,000.
Mortgages 3 min read 21/10/2024 Self-employed housing struggle Self-employed housing struggle According to Aldermore’s latest First Time Buyer Index, four out of 10 first time buyers gave up being self-employed to ensure they could secure their mortgage repayments.
Mortgages 3 min read 15/10/2024 Half of first time buyers can't afford to furnish and decorate their home as average costs total over £15,000 Half of first time buyers can't afford to furnish and decorate their home as average costs total over £15,000 Aldermore’s latest First Time Buyer Index reveals that half of all first time buyers lived in an empty home for months.
Business Finance 3 min read 01/10/2024 Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee.
Mortgages 2 min read 27/09/2024 Almost half of first time buyers end up paying rent and mortgage at the same time Almost half of first time buyers end up paying rent and mortgage at the same time According to Aldermore’s latest First Time Buyer Index, nearly half (45%) of first time buyers had to pay both rent and mortgage payments at the same time.
Mortgages 3 min read 19/09/2024 Prospective first time buyers underestimate home buying process by nearly five months Prospective first time buyers underestimate home buying process by nearly five months Read the insights from Aldermore’s latest First Time Buyer Index.
Business Finance 5 min read 18/09/2024 The number of ‘green’ SMEs has tripled since the beginning of 2023 The number of ‘green’ SMEs has tripled since the beginning of 2023 Read the new research from Aldermore’s ‘Green’ SME Index.
Mortgages 1 min read 17/09/2024 Aldermore launches new limited edition rates for landlords Aldermore launches new limited edition rates for landlords Aldermore today (17 September 2024) introduces a range of new limited edition rates for landlords across its buy to let mortgages.
News 10 min read 12/09/2024 Aldermore delivers growth in profits despite a challenging market Aldermore delivers growth in profits despite a challenging market Full year results to 30 June 2024.
Mortgages 3 min read 02/09/2024 Scotland continues to attract first time buyers with Glasgow being the best UK city for getting on the ladder Scotland continues to attract first time buyers with Glasgow being the best UK city for getting on the ladder Aldermore’s First Time Buyer Appeal Index, analysing 50 cities across the UK to understand the best places for first time buyers to buy, has revealed that for the third year running, Glasgow has taken the top-spot.
Business Finance 3 min read 19/08/2024 SME late payments increasing by 48% with £348 billion in outstanding payments SME late payments increasing by 48% with £348 billion in outstanding payments Over 3.6 million (72%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, according to new research from Aldermore Bank.
Mortgages 1 min read 13/08/2024 Aldermore reduces rates across BTL and residential owner occupied mortgages Aldermore reduces rates across BTL and residential owner occupied mortgages Aldermore today reduces rates across its buy to let (BTL) and residential owner occupier mortgages, offering competitively priced options for both landlords and homeowners.
Mortgages 1 min read 01/08/2024 Aldermore introduces new 5-year fixed rates for buy to let customers Aldermore introduces new 5-year fixed rates for buy to let customers Aldermore today introduces new Limited Edition products within its buy to let proposition to help provide more choice for landlords looking to find the right mortgage for them.
Mortgages 1 min read 23/07/2024 Aldermore introduces new limited edition products for landlords Aldermore introduces new limited edition products for landlords Aldermore announces changes to its buy to let proposition, launching new limited edition products.
Business Finance 3 min read 17/07/2024 Defying the odds: SMEs see turnover growth of £325,000 since 2019, as businesses set sights on further expansion Defying the odds: SMEs see turnover growth of £325,000 since 2019, as businesses set sights on further expansion New research from Aldermore’s latest SME Growth Index reveals that SMEs have enjoyed strong growth since 2019, despite the pandemic and the challenging economic environment.
Mortgages 3 min read 12/07/2024 Aldermore improves rates for both landlords and owner occupiers Aldermore improves rates for both landlords and owner occupiers Aldermore launches new and reduced limited edition buy to let and residential owner occupier mortgage products on 12 July 2024.
Mortgages 3 min read 03/07/2024 Aldermore cuts rates on BTL mortgages and introduces limited edition product Aldermore cuts rates on BTL mortgages and introduces limited edition product Aldermore is reducing rates across its BTL range whilst also introducing a new limited edition product, effective from today 3 July 2024.
News 3 min read 01/07/2024 Aldermore appoints Alasdair Lenman to join the board as independent Non-Executive Director Aldermore appoints Alasdair Lenman to join the board as independent Non-Executive Director Aldermore is pleased to announce the appointment of Alasdair Lenman as independent non-executive director, effective from 1 July 2024.
Mortgages 3 min read 24/06/2024 Aldermore improves flexible mortgage options for contractors Aldermore improves flexible mortgage options for contractors Aldermore has expanded its mortgage proposition to accommodate self-employed contractors that work via a limited company or sole trader, enabling them to be assessed for affordability on an employed basis using gross income.
Savings 3 min read 17/05/2024 3.7 million UK parents are funding their adult children's savings habits 3.7 million UK parents are funding their adult children's savings habits Parents with adult children are continuing to give them money into adulthood, as the broader economic climate continues to squeeze personal finances according to Aldermore’s latest Savings Tracker.
Business Finance 1 min read 09/05/2024 Aldermore appoints Lauren Pamma to build Energy and Infrastructure Division Aldermore appoints Lauren Pamma to build Energy and Infrastructure Division Aldermore is pleased to announce the launch of its finance proposition specifically tailored for the energy and infrastructure renewables financing sector.
Mortgages 3 min read 30/04/2024 Aldermore offers more mortgages for the self-employed, first time buyers and those with adverse credit history Aldermore offers more mortgages for the self-employed, first time buyers and those with adverse credit history Aldermore today announces the reintroduction of a broader range of mortgages for owner occupiers.
Savings 5 min read 22/04/2024 Brits save £83 billion despite cost-of-living pressures Brits save £83 billion despite cost-of-living pressures One in four UK adults are saving more than last year, putting away an extra £1,885 on average, according to Aldermore’s latest Savings Tracker.
Business Finance 3 min read 17/04/2024 Aldermore announces appointments in Asset Based Lending team Aldermore announces appointments in Asset Based Lending team Aldermore has appointed Nicola Bonini as Business Development Manager for Invoice Finance and Nick Holmes as complex and Asset Based Lending (ABL) Product Manager within its Business Finance division.
Business Finance 3 min read 15/04/2024 Aldermore provides Bridging Facility to Manchester based specialist lender Aldermore provides Bridging Facility to Manchester based specialist lender Aldermore has provided an increase to its already multi-million pound block bridging facility to SDKA, which will provide the funding they need to continue to accelerate their growth plans.
Savings 5 min read 15/04/2024 11 million Brits kept awake at night over money concerns 11 million Brits kept awake at night over money concerns Amid a turbulent economic environment of soaring prices and steep bills, Brits are being kept awake at night due to a lack of a financial safety net, according to Aldermore’s Savings Tracker.
Mortgages 5 min read 28/03/2024 Over 5 million renters report having a good landlord, despite challenging rental market Over 5 million renters report having a good landlord, despite challenging rental market New research amongst the nation’s private renters from Aldermore has revealed that 5.2 million private renters feel they have a ‘good landlord’.
Business Finance 3 min read 27/03/2024 Aldermore supports a Newcastle based developer with a £6.1m long term debt solution Aldermore supports a Newcastle based developer with a £6.1m long term debt solution Aldermore Bank has assisted McIver Homes Limited, with a £6.1m term loan to refinance a development based on Hume Street in Newcastle.
Mortgages 3 min read 25/03/2024 Aldermore introduces new 65% LTV limited edition rates for landlords Aldermore introduces new 65% LTV limited edition rates for landlords Aldermore announces changes to its buy to let (BTL) proposition, introducing new limited edition products and reduced rates.
News 3 min read 21/03/2024 Aldermore pledges support for military personnel by signing the Armed Forces Covenant Aldermore pledges support for military personnel by signing the Armed Forces Covenant Aldermore is delighted to announce that it has signed the Armed Forces Covenant at its London office on Wednesday, 20 March alongside 2-star Air Vice-Marshal Ranald Munro (CBE)1 and several of its colleagues who have served in the Armed Forces.
Mortgages 3 min read 11/03/2024 Landlords support local economies with £6k annual boost – but market conditions place strain on rental sector Landlords support local economies with £6k annual boost – but market conditions place strain on rental sector New research from Aldermore reveals the financial boost landlords provide to local economies.
Savings 1 min read 08/03/2024 Aldermore improves rates for personal and business savers Aldermore improves rates for personal and business savers Aldermore ups rates across a number of accounts for both personal and business customers. Find out more and hear from our director of savings.
Business Finance 3 min read 05/03/2024 Late payments fall, yet SMEs still face £70k outstanding bill Late payments fall, yet SMEs still face £70k outstanding bill Over 3 million small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, according to new research from Aldermore’s SME Growth Index.
News 5 min read 29/02/2024 Positive outlook for Aldermore as Group delivers solid H1 results Positive outlook for Aldermore as Group delivers solid H1 results Despite the subdued lending market, the Group was able to drive portfolio growth in higher returning lending segments, and continued deposit growth.
Savings 3 min read 27/02/2024 Aldermore launches new Easy Access Cash ISA Aldermore launches new Easy Access Cash ISA Aldermore has launched a new Easy Access Cash ISA. The account is designed to provide true flexibility for savers, with customers able to immediately withdraw funds or close their accounts without any penalties or loss of interest.
News 3 min read 22/02/2024 Aldermore appoints Michelle Mott as new Chief Risk Officer (CRO) Aldermore appoints Michelle Mott as new Chief Risk Officer (CRO) Aldermore has appointed Michelle Mott as its new Chief Risk Officer (CRO), starting in February.
Mortgages 5 min read 21/02/2024 Bristol claims top spot as best city for buy to let investment Bristol claims top spot as best city for buy to let investment ...
Business Finance 3 min read 30/01/2024 Aldermore provides £47m loan to Leeds-based family property group Aldermore provides £47m loan to Leeds-based family property group Aldermore has provided a subsidiary of the Pickard Properties Group (‘Pickard’) with a £47m loan to refinance existing loans from other lenders with additional funds to support the continued development in Leeds of Tetley Hall.
Business Finance 3 min read 29/01/2024 Number of businesses ‘going green’ doubles in 2023 Number of businesses ‘going green’ doubles in 2023 New research from Aldermore has revealed that 489,000 UK small and medium-sized businesses (SMEs) qualify as green, meaning they have put formal measurement and commitments in place which will see them transition to sustainability by the government’s net zero 2050 deadlines.
Mortgages 5 min read 17/01/2024 London prices continue to hamper first time buyers' dreams but some boroughs still offer opportunities London prices continue to hamper first time buyers' dreams but some boroughs still offer opportunities Aldermore’s First Time Buyer Appeal Index, analysing 50 cities across the UK to help demonstrate the best areas for first time buyers, found London ranked 43 in the list of 50 cities.
Mortgages 5 min read 15/01/2024 Aldermore slashes mortgage rates and reintroduces 95% LTV for owner occupiers Aldermore slashes mortgage rates and reintroduces 95% LTV for owner occupiers Aldermore has announced a raft of rate reductions across both its buy to let (BTL) and residential owner occupied mortgages.
Mortgages 3 min read 12/01/2024 Aldermore announces two new hires for its Property division Aldermore announces two new hires for its Property division Two significant hires have joined Aldermore within its growing Property division.
Business Finance 1 min read 09/01/2024 Aldermore announces new agriculture finance division Aldermore announces new agriculture finance division Aldermore announces its new agriculture finance division aimed at helping the farming industry to get the assets they need to grow and diversify. The proposition will be backed by a dedicated team that bring a wealth of experience in the sector and will leverage our existing expertise whilst offering a refreshed customer experience.
Savings 5 min read 03/01/2024 Switching inertia could be hindering 75% of business savers from securing the best deal Switching inertia could be hindering 75% of business savers from securing the best deal Research from Aldermore conducted among 500 SME senior decision makers has shown that despite the fact that 64% of SMEs with savings think they could get a better rate, three quarters of SMEs (75%) have not switched their business savings account provider in a long time.
News 3 min read 28/11/2023 A report on social impact – how Aldermore Group charts its progress A report on social impact – how Aldermore Group charts its progress An insight into how organisations can track their progress on social impact was published yesterday with the launch of Aldermore Group’s second Report to Society.
Mortgages 2 min read 20/11/2023 Aldermore launches new Buy to let and Residential mortgage products Aldermore launches new Buy to let and Residential mortgage products Aldermore today announces new buy to let and residential owner occupied products.
Savings 2 min read 01/11/2023 Aldermore launches Regular Saver Account Aldermore launches Regular Saver Account Aldermore has launched a Regular Saver Account, perfect for those who want to save little and often to reach their short-term savings goals.
Mortgages 5 min read 18/10/2023 Scottish cities offer sanctuary for first time buyers as Glasgow retains crown as the best city for new buyers Scottish cities offer sanctuary for first time buyers as Glasgow retains crown as the best city for new buyers Aldermore’s First Time Buyer Appeal Index, analysing 50 cities across the UK to understand the best places for first-time buyers, reveals that for the second year running, Glasgow has taken the top-spot.
News 5 min read 14/09/2023 Aldermore delivers solid FY23 results amidst challenging economic conditions Aldermore delivers solid FY23 results amidst challenging economic conditions In the last year, we delivered a strong increase in profits against a backdrop of challenging economic conditions. Discover our full year results online.
Business Finance 2 min read 11/09/2023 Aldermore provides property loan to fund expansion of Wakefield-based polyurethane manufacturer Aldermore provides property loan to fund expansion of Wakefield-based polyurethane manufacturer Aldermore has provided a property loan to Polyglobal Ltd for the acquisition of another trading business, B.V.A. Tools & Plastics Limited, a tool manufacturer.
Mortgages 1 min read 01/09/2023 Aldermore announces changes to specialist Buy to Let conveyancing process Aldermore announces changes to specialist Buy to Let conveyancing process We will introduce an open panel conveyancing approach for specialist buy to let deals. Learn more about how brokers can now appoint their own conveyancer.
Mortgages 3 min read 01/09/2023 Aldermore introduces new 5 year fix for buy to let customers and reduces select mortgage rates Aldermore introduces new 5 year fix for buy to let customers and reduces select mortgage rates Aldermore today (1 December 2023) announces changes to its buy to let (BTL) and residential owner occupied products.
Mortgages 2 min read 25/07/2023 Aldermore publicly confirms three major pledges to support brokers Aldermore publicly confirms three major pledges to support brokers In this ongoing unpredictable mortgage market, we want to display our commitment to the broker community. Discover our new pledges to support brokers.
News 3 min read 19/07/2023 £1.9 billion lost in income to UK SMEs as a result of supply chain delays £1.9 billion lost in income to UK SMEs as a result of supply chain delays The Aldermore SME Growth Index reveals the impact that supply chain delays have had on SMEs in the last year. Discover the full results of our research.
News 3 min read 30/06/2023 Just 40% of UK SMEs have started on their transition to being a sustainable business Just 40% of UK SMEs have started on their transition to being a sustainable business We set up a Green SME Index to track businesses' transition to net zero. Find out where UK SMEs currently stand in the transition to sustainable business.
Mortgages 2 min read 26/06/2023 Aldermore's Matt McCullough promoted to Head of Sales and Development Aldermore's Matt McCullough promoted to Head of Sales and Development Learn more about the latest promotion within our Property Leadership team. The new role will play a vital role in supporting our development programme.
News 2 min read 22/06/2023 Aldermore announces two senior internal promotions Aldermore announces two senior internal promotions Recent promotions within our Property division affirm our commitment to growing our property business. Learn more about our new National Sales Managers.
News 2 min read 16/06/2023 Aldermore appoints new Head of Strategic Partnerships and Growth Aldermore appoints new Head of Strategic Partnerships and Growth Nicola Goldie joins Aldermore as the new Head of Strategic Partnerships and Growth. Find out more about the expertise that Goldie will bring to the role.
Business Finance 3 min read 08/06/2023 Aldermore builds new construction finance team Aldermore builds new construction finance team In recent months, we have made strategic hires to build our Construction Finance team. Learn more about our new appointments and the impact they will have.
Mortgages 2 min read 06/06/2023 Aldermore provides £7m commercial mortgage for two industrial properties Aldermore provides £7m commercial mortgage for two industrial properties Discover how we supported Yorkshire Property Rentals with their property acquisitions strategy, bringing value to people and businesses in West Yorkshire.
News 2 min read 26/05/2023 Aldermore teams up with former England footballer Mark Hateley for sixth anniversary of charity five-a-side tournament Aldermore teams up with former England footballer Mark Hateley for sixth anniversary of charity five-a-side tournament Read more about how we teamed up with former England footballer Mark Hateley to continue to support Headway's annual five-a-side tournament for charity.
Business Finance 2 min read 11/05/2023 Average SME plans to invest £321k to grow their business Average SME plans to invest £321k to grow their business Our SME Growth research reveals what investment and growth plans UK businesses have. Read more about SMEs' plans for growth and the barriers they face.
Savings 3 min read 05/04/2023 Home workers save £880m a week by cutting out the commute Home workers save £880m a week by cutting out the commute Our latest Savings Tracker surveyed the UK public on their saving habits. Discover how much money working from home has saved UK workers across the board.
Business Finance 2 min read 04/04/2023 Aldermore provides multi-million pound commercial loan to refinance ESG-led property refurbishment Aldermore provides multi-million pound commercial loan to refinance ESG-led property refurbishment Find out how we assisted with the refinancing of a mixed industrial and office portfolio to provide a new commercial loan for ESG-driven refurbishment.
Business Finance 2 min read 23/03/2023 Aldermore provides £7.14m loan to Hollins Homes for Preston housing development Aldermore provides £7.14m loan to Hollins Homes for Preston housing development Hollins Homes Limited, an award winning new homes developer, receives a loan from us for a new development in Preston. Find out how we support the project.
Business Finance 2 min read 06/03/2023 Aldermore provides multi-million pound 'develop-to-hold' loan for grade II listed apartment block Aldermore provides multi-million pound 'develop-to-hold' loan for grade II listed apartment block Learn more about the multi-million pound commercial mortgage we provided to X8 Developments Limited for a recently developed Grade II listed property.
News 3 min read 02/03/2023 Results demonstrate robust performance despite tough economic backdrop Results demonstrate robust performance despite tough economic backdrop Take a look at our six month results up to 31 December 2022. Despite the challenging economic landscape, we are pleased to continue our steady growth.
Savings 2 min read 27/02/2023 Parents paying up: Nearly one in three parents use their long-term savings to support their adult children Parents paying up: Nearly one in three parents use their long-term savings to support their adult children Our annual Savings Tracker discovers that parents have helped to support their adult children during the cost of living crisis. Read more of our findings.
Savings 3 min read 14/02/2023 Four out of five Brits dip into savings to cope with cost-of-living crisis Four out of five Brits dip into savings to cope with cost-of-living crisis Our survey reveals that the cost of living crisis has forced UK adults to dip into savings. Find out how the public copes financially in this tough time.
Business Finance 2 min read 07/02/2023 Aldermore provides £700k loan to recycling company for a gas energy recovery incinerator Aldermore provides £700k loan to recycling company for a gas energy recovery incinerator Find out how our loan will help to fund a specialist incinerator for Environcom, a fridge recycler plant disposing of refrigerant gas and blowing agent.
Mortgages 3 min read 07/02/2023 Our latest Buy to Let City tracker ranks the latest property hotspots for landlords Our latest Buy to Let City tracker ranks the latest property hotspots for landlords Our city tracker reveals the buy to let hotspots for 2023 with Manchester coming in first. Discover the full top 50 of UK cities and insight on rankings.
Mortgages 3 min read 26/01/2023 Southend, Luton and Bristol ranked the best cities for long term property returns Southend, Luton and Bristol ranked the best cities for long term property returns Our Buy to Let City Tracker identifies the best long term property returns in the UK. Discover our research findings helping landlords to invest wisely.
News 2 min read 05/01/2023 Aldermore announces promotion of key account manager Aldermore announces promotion of key account manager To support our team in developing and growing Aldermore's relationships, we have made Kelsey Edge our key account manager. Learn more about her promotion.
Mortgages 2 min read 03/01/2023 Nearly half of landlords say it's tougher to be one now compared to a year ago Nearly half of landlords say it's tougher to be one now compared to a year ago We conducted research among UK landlords to understand their position now in comparison to 12 months ago. Take a look at the full results of our survey.
Mortgages 5 min read 21/12/2022 Manchester reclaims top spot as best city for buy to let investment Manchester reclaims top spot as best city for buy to let investment Our Buy to Let City Tracker 2023 names Manchester, London, Bristol, and Cambridge as the top cities for landlords to invest in. See the full city ranking.
News 5 min read 07/12/2022 New report shows financial services sector can play a major role in levelling up New report shows financial services sector can play a major role in levelling up Our ambition since the our beginning has been to be make a positive difference. Learn more about our Report to Society and how it will measure our impact.
Mortgages 3 min read 23/11/2022 Aldermore makes major changes to both its owner occupied and buy to let mortgages Aldermore makes major changes to both its owner occupied and buy to let mortgages Our new pricing will support prospective and existing homeowners and landlords. Take a look at the significant improvements we have made to our mortgages.
Mortgages 2 min read 23/11/2022 Six out of 10 first-time buyers want green homes due to money-saving perks rather than environmental benefits Six out of 10 first-time buyers want green homes due to money-saving perks rather than environmental benefits Our survey finds that the next generation of first time home buyers prioritise green, energy-saving properties. Learn more about the appeal of green homes.
Mortgages 3 min read 09/11/2022 London prices continue to hamper first time buyers’ dreams but some boroughs still offer opportunities London prices continue to hamper first time buyers’ dreams but some boroughs still offer opportunities London sits low in our city rankings for first time buyers due to high house prices. Discover which London boroughs are hidden gems for first time buyers.
News 2 min read 31/10/2022 Aldermore announces two key appointments in its Property business Aldermore announces two key appointments in its Property business Find out more about the appointments in our property division with a new head of key accounts and a new South England national sales manager joining us.
News 2 min read 27/10/2022 Aldermore announces appointments in Asset Finance team Aldermore announces appointments in Asset Finance team To support our strategic growth objectives, we have made two new appointments in our asset finance team. Read more about Simon Lefevre and Chris Smith.
Property Development 2 min read 20/10/2022 Aldermore provides loans of £20.9m for two-phase student accommodation development in Leeds city centre Aldermore provides loans of £20.9m for two-phase student accommodation development in Leeds city centre Study Inn Group, founded in 2009, specialises in providing luxury boutique student accommodation. Find out how we support their expansion across the UK.
News 1 min read 11/10/2022 Aldermore announces new managing director of property Aldermore announces new managing director of property Our property division receives a new managing director in October 2022. Read more about Ross Dalzell and how he will drive our property market strategy.
News 1 min read 30/09/2022 Aldermore announces appointment in lending team Aldermore announces appointment in lending team We have appointed a Scotland lending manager. Read more about Derek Davidson and how his appointment will support our growth plans for the Scottish market.
News 2 min read 22/09/2022 Aldermore appoints Richard Jones to lead MotoNovo Finance Aldermore appoints Richard Jones to lead MotoNovo Finance Our MotoNovo finance business based in Cardiff has a new managing director, Richard Jones. Learn more about the experience Richard brings to MotoNovo.
Mortgages 2 min read 20/09/2022 Homebuying dream for first-time buyers delayed by nearly two years due to cost-of-living crisis Homebuying dream for first-time buyers delayed by nearly two years due to cost-of-living crisis Our survey of prospective first time buyers reveals the impact of the cost of living crisis. Read about the challenges faced by first time buyers in 2022.
News 3 min read 15/09/2022 Strong growth in lending and profits as Aldermore continues to back more people and businesses Strong growth in lending and profits as Aldermore continues to back more people and businesses At Aldermore, we have delivered 30% growth year on year and we support a record number of customers. Take a look at our full year results to 30 June 2022.
Mortgages 3 min read 07/09/2022 Location, Location Lifestyle? Scottish cities most promising for first time buyers looking for a good deal, according to new research Location, Location Lifestyle? Scottish cities most promising for first time buyers looking for a good deal, according to new research We conducted an analysis of 50 cities to discover which locations are the most desirable for first time buyers. Find out why Scottish cities top the list.
Mortgages 5 min read 01/08/2022 Glasgow revealed as the best city for first-time buyers in the UK as southern cities fall behind Glasgow revealed as the best city for first-time buyers in the UK as southern cities fall behind Southern cities fall behind as Glasgow takes the top spot as the best city for first time buyers. See the full city ranking for first time buyer appeal.
News 1 min read 28/07/2022 Aldermore announces new appointment in Asset Finance team Aldermore announces new appointment in Asset Finance team Our asset finance team grows with the appointment of David Hughes. Find out more about David's new role in building out our offering in fleet funding.
Mortgages 2 min read 27/07/2022 Aldermore provides £6.4m commercial mortgage To Saxon Square Christchurch Shopping Centre Aldermore provides £6.4m commercial mortgage To Saxon Square Christchurch Shopping Centre Read more about our provision of a commercial mortgage to Saxon Square Christchurch, refinancing the retail and hotel centre from a high street lender.
News 2 min read 19/07/2022 Aldermore launches strategic educational partnership in the UK to prepare young people for their financial future Aldermore launches strategic educational partnership in the UK to prepare young people for their financial future Learn more about how our collaboration with EVERFI will enable young people in Cardiff and Greater Manchester to build a healthy relationship with money.
Business Finance 2 min read 07/07/2022 Aldermore provides £6.8m loan to Russell Armer Homes for Lancashire housing development Aldermore provides £6.8m loan to Russell Armer Homes for Lancashire housing development We provided Russell Armer Homes with a property development loan for its Bowland Fold housing development in Lancashire. Learn more about the project.
Business Finance 3 min read 30/06/2022 Aldermore provides £16.5m loan to CITU for next phase of Sheffield housing development Aldermore provides £16.5m loan to CITU for next phase of Sheffield housing development We provided a £16.5m loan to our existing customer Citu for delivering 68 low carbon homes in Sheffield. Find out how our funding supports the project.
Business Finance 2 min read 23/06/2022 Aldermore provides £6.1m loan for Whiteburn's Viewforth Scottish housing development Aldermore provides £6.1m loan for Whiteburn's Viewforth Scottish housing development Whiteburn Viewforth Development Limited received a £6.1m finance loan for a housing development from Aldermore. Learn more about the impact of our funding.
Business Finance 3 min read 22/06/2022 Supply chain crisis costs UK SMEs £3.9bn Supply chain crisis costs UK SMEs £3.9bn 54% of UK SMEs have been impacted by the supply chain crisis, our research finds. Find out more about the challenges SMEs have faced in the last 12 months.
Business Finance 3 min read 20/06/2022 A greener future for SMEs A greener future for SMEs Our research found that UK SMEs are spending £61k on sustainability over the last 12 months. Learn more about how SMEs are investing in a greener future.
Mortgages 2 min read 06/06/2022 Aldermore provides £2.45m loan for Southernwood Residential Northampton apartment purchase Aldermore provides £2.45m loan for Southernwood Residential Northampton apartment purchase Find out how we helped Southernwood Capital, the winner of Real Estate Investment Firm of the Year in 2020, to purchase an apartment block in Northampton.
Business Finance 2 min read 25/05/2022 Aldermore provides £10.7m loan to Russell Armer Homes for Kendal housing development Aldermore provides £10.7m loan to Russell Armer Homes for Kendal housing development Discover how our funding will aid Russell Armer Homes to deliver a housing development in Kendal. The site will feature a mixture of apartments and houses.
Business Finance 3 min read 17/05/2022 UK SMEs to invest £633m in growth in the next year UK SMEs to invest £633m in growth in the next year Take a look at our research findings revealing that SMEs show further signs of growing confidence, despite external factors such as supply chain issues.
Savings 3 min read 05/05/2022 One in four over 55s worried about their financial future as later life costs loom large One in four over 55s worried about their financial future as later life costs loom large Many haven't considered saving for later life expenses in their long term finances. Discover how much over 55s have saved on average towards these costs.
Savings 5 min read 03/05/2022 Home workers save £144 per week over office workers as significant cost gap emerges Home workers save £144 per week over office workers as significant cost gap emerges Our survey of 4,000 adults enquired about Brits' saving habits. Find out what the results reveal about the savings to be gained from working from home.
Mortgages 2 min read 21/04/2022 Aldermore provides additional seven figure facility for the growth of Yorkshire-based family office Aldermore provides additional seven figure facility for the growth of Yorkshire-based family office We can support our clients with growing their commercial property portfolio. Discover how we have helped a Yorkshire family office gain new acquisitions.
News 1 min read 14/04/2022 Aldermore announces new appointment in retail mortgage team Aldermore announces new appointment in retail mortgage team Alice Pocock joins Aldermore Bank as our new Relationship Manager for the South West in the Retail Mortgage team. Learn more about our latest appointment.
News 2 min read 11/04/2022 Tom Harding appointed as Aldermore's new Head of ESG and Sustainability Tom Harding appointed as Aldermore's new Head of ESG and Sustainability To build on our ESG agenda, we have appointed Tom Harding to the newly created role of Head of ESG and Sustainability. Learn more about our ESG plans.
Savings 5 min read 08/03/2022 UK adults cite rising cost of living as their biggest money concern UK adults cite rising cost of living as their biggest money concern We surveyed 4,000 UK adults to learn about the nation's top money worries for 2022. Read the full results of the survey and see our tips for budgeting.
News 3 min read 03/03/2022 Results demonstrate momentum Results demonstrate momentum The Aldermore Group continues to deliver growth with 91% increase in profit compared to previous year. Take a look at our full half year results report.
News 1 min read 24/02/2022 Aldermore announces new appointment in Asset Finance team Aldermore announces new appointment in Asset Finance team We have appointed a new business development manager in our asset finance team. Find out more about James Harrowsmith and his experience in the industry.
News 2 min read 22/02/2022 Aldermore appoints Ralph Coates as new CFO Aldermore appoints Ralph Coates as new CFO Claire Cordell will step down as CFO and from the Aldermore Board to pursue an overseas relocation opportunity. Learn more about our new CFO, Ralph Coates.
News 2 min read 01/02/2022 Aldermore expands UK wide broker support Aldermore expands UK wide broker support To boost business development manager coverage across the UK, we have reorganised our sales regions. Learn more about the expansion of our broker services.
Business Finance 2 min read 10/01/2022 Aldermore provides £15.3m loan to Yorkshire-based family property group Aldermore provides £15.3m loan to Yorkshire-based family property group We provided a family property group with a loan to refinance an existing loan and to raise additional capital. Find out what the funding will be used for.
Mortgages 5 min read 13/12/2021 Two in three prospective first time buyers have been rejected for a mortgage Two in three prospective first time buyers have been rejected for a mortgage Post-pandemic economy affects first time buyers as many face rejected mortgage applications. Learn why first time buyers have been rejected for a mortgage.
Mortgages 5 min read 07/12/2021 Bristol knocks Manchester off top spot as best city for buy to let investment Bristol knocks Manchester off top spot as best city for buy to let investment Our Buy to Let City Tracker is an analysis aiming to reveal the best cities for landlords to invest in. Discover our full Buy to Let city ranking for 2022.
News 2 min read 07/12/2021 Aldermore announces new appointments in Commercial Real Estate team Aldermore announces new appointments in Commercial Real Estate team We have appointed three property development managers in our commercial real estate team to support our growth. Learn more about our latest appointments.
Mortgages 5 min read 29/11/2021 First time buyers need to raise an extra £23,000 to buy first home due to ongoing impact of Covid-19 First time buyers need to raise an extra £23,000 to buy first home due to ongoing impact of Covid-19 Since March 2020, many first time buyers had to save a larger deposit, our survey uncovers. Read more about the impact of Covid-19 on first time buyers.
Business Finance 2 min read 17/11/2021 Aldermore provides £900,000 Invoice Finance facility to support expansion of North West bar code business Aldermore provides £900,000 Invoice Finance facility to support expansion of North West bar code business We provided an invoice finance facility to Bar Code Data Ltd, a leading provider of barcode solutions. Discover how the funding supported the business.
News 3 min read 03/11/2021 Wedding woes: Re-arranging a wedding due to COVID-19 cost couples an extra £13,266 Wedding woes: Re-arranging a wedding due to COVID-19 cost couples an extra £13,266 Lockdowns forced numerous couples to re-arrange their weddings. Take a look at our findings on how and why people lost money in the re-arrangement process.
Savings 3 min read 06/10/2021 Cashplus partners with Aldermore to offer seamless savings Cashplus partners with Aldermore to offer seamless savings Our exclusive partnership with Cashplush Bank delivers and easy-to-manage business savings solution. Learn more about the benefits of the partnership.
Mortgages 3 min read 30/09/2021 Aldermore broadens its support for homeowners and first time buyers struggling to realise their home buying dreams Aldermore broadens its support for homeowners and first time buyers struggling to realise their home buying dreams We have reintroduced products and rate reductions in our residential mortgage range. Find out how these changes support homeowners and first time buyers.
News 3 min read 30/09/2021 Aldermore supports pastoral and health care apprenticeships Aldermore supports pastoral and health care apprenticeships We help charities and SMEs to deliver apprenticeships through our partnership with the Levy Matchmaking Service. Read about our apprenticeship strategy.
Business Finance 2 min read 21/09/2021 Aldermore provides £16m commercial refinance loan for student accommodation in Liverpool and Nottingham Aldermore provides £16m commercial refinance loan for student accommodation in Liverpool and Nottingham We provided a ten-year, interest only loan to Kexgill Limited. Discover how our funding supports the thriving student scene in Liverpool and Nottingham.
News 3 min read 16/09/2021 Robust financial performance Robust financial performance Our financial performance shows continued growth despite the uncertain post-pandemic economic landscape. Discover our full year results to 30 June 2021.
Savings 1 min read 10/09/2021 Aldermore increases rates on its fixed rate savings products Aldermore increases rates on its fixed rate savings products At Aldermore, we provide competitive interest rates for fixed term savings accounts and fixed rate cash ISAs. Take a look at our latest rate increases.
Business Finance 2 min read 08/09/2021 SMEs confidence on the rise as projected investment in their businesses more than doubles in just six months SMEs confidence on the rise as projected investment in their businesses more than doubles in just six months The easing of lockdown restrictions has given SMEs more confidence to grow their businesses. Read about the bright post-pandemic projections for SMEs.
News 3 min read 06/09/2021 Self employed struggle: one in four considering stopping being self-employed due to current financial uncertainty Self employed struggle: one in four considering stopping being self-employed due to current financial uncertainty Post-pandemic financial uncertainty has led to struggles for the self-employed, our research finds. Discover what makes self-employed workers want to quit.
Business Finance 2 min read 20/08/2021 Aldermore supports journey to cleaner city Aldermore supports journey to cleaner city NRG Fleet Services received an asset finance facility to fund new electric Refuse Collection Vehicles. Learn about the impact of funding clean projects.
Business Finance 2 min read 16/08/2021 Aldermore provides £4.2m commercial refinance loan for 69 residential homes in Newcastle upon Tyne Aldermore provides £4.2m commercial refinance loan for 69 residential homes in Newcastle upon Tyne We provided McIver Homes, a returning customer, with a £4.2 million commercial residential refinance loan. Learn more about how the loan will be used.
Mortgages 2 min read 04/08/2021 Aldermore provides £3.4m commercial mortgage to Yorkshire based family investment office Aldermore provides £3.4m commercial mortgage to Yorkshire based family investment office Find out how our £3.4 million commercial mortgage facility helped to support the growth of the commercial property portfolio of Banwait Group Holdings Ltd.
News 2 min read 02/08/2021 Aldermore board appoints new non-executive director and apprentice board member Aldermore board appoints new non-executive director and apprentice board member Our board appointments include a new non-executive director and first apprentice board member. Find out more about the new members of the Aldermore board.
Business Finance 2 min read 29/07/2021 Aldermore provides £9.6m loan for development of student accommodation in Leeds Aldermore provides £9.6m loan for development of student accommodation in Leeds We have provided a property development loan to help meet the demand for student accommodation in Leeds. Read about the impact that our funding makes.
Business Finance 2 min read 27/07/2021 Aldermore provides block bridging facility to Manchester based specialist lender Aldermore provides block bridging facility to Manchester based specialist lender Discover how our block bridging facility supports independent lenders like Manchester-based SDKA in providing SMEs and individuals with access to funding.
Mortgages 3 min read 19/07/2021 The self employed struggle: Over one third (37%) of self employed renters in the UK do not think they will ever be able to purchase a home The self employed struggle: Over one third (37%) of self employed renters in the UK do not think they will ever be able to purchase a home Post-Covid-19 housing ladder hasn't been easy to get on for self-employed workers. Take a look at our tips for buying a home as a self-employed UK worker.
Business Finance 2 min read 15/07/2021 Aldermore provides £4.6m loan for redevelopment of seaside hotel in Somerset Aldermore provides £4.6m loan for redevelopment of seaside hotel in Somerset Find out how a property development loan from Aldermore will help Refresh Property Group Limited to construct apartments on the site of a former hotel.
News 2 min read 07/07/2021 Pupils make their pitch for business success Pupils make their pitch for business success Our 'talent and early careers' strategy involves informing pupils about careers in financial services. Find out more about our partnership with Bridge GM.
Business Finance 1 min read 25/06/2021 Aldermore provides £1.3m construction finance facility for management buyout of building systems architect Aldermore provides £1.3m construction finance facility for management buyout of building systems architect Read more about how our construction finance facility enabled the management team of Horizon Controls to purchase the business from a majority stakeholder.
Business Finance 2 min read 17/06/2021 Aldermore provides £8.4m for ultra low carbon development in Sheffield Aldermore provides £8.4m for ultra low carbon development in Sheffield Discover how our development finance loan to Citu Group, a low carbon property developer, helps to support Sheffield's green and sustainable initiatives.
Business Finance 2 min read 08/06/2021 Aldermore now accredited to offer Invoice Finance under Recovery Loan Scheme to assist the nation’s small businesses Aldermore now accredited to offer Invoice Finance under Recovery Loan Scheme to assist the nation’s small businesses As SMEs recover from the pandemic, financing can be crucial. Find out more about The Recovery Loan Scheme, designed for businesses affected by Covid-19.
Business Finance 1 min read 03/06/2021 Aldermore provides £1.3m commercial development facility for drive thru units outside Hull Aldermore provides £1.3m commercial development facility for drive thru units outside Hull Read more about how we supported roadside and retail development in West Yorkshire with a commercial development finance loan for two drive thru units.
Mortgages 2 min read 02/06/2021 Aldermore research finds brokers provide first class service for first time buyers Aldermore research finds brokers provide first class service for first time buyers We surveyed 1,000 prospective UK first time buyers to find out their experiences of using mortgage brokers. Read the article to discover our findings.
News 3 min read 25/05/2021 Aldermore commits to supporting Levelling Up in the UK Aldermore commits to supporting Levelling Up in the UK Levelling Up Goals help organisations to express their purpose and measure their social impact. Discover how Aldermore Bank has committed to the scheme.
Mortgages 3 min read 19/05/2021 First time buyers have lost £400m from house purchases falling through in the last year First time buyers have lost £400m from house purchases falling through in the last year Read more about the post-lockdown concerns for first time buyers, including rising buying fees and additional costs from house purchases falling through.
Business Finance 1 min read 17/05/2021 Aldermore provides £750,000 Construction Finance facility to support growth of Leicester based family business Aldermore provides £750,000 Construction Finance facility to support growth of Leicester based family business Find out how our Construction Finance facility allowed a family-run metal fabrication specialist to fulfil a million pound contract and create seven jobs.
Mortgages 3 min read 30/04/2021 Four in five prospective first time buyers have been rejected for a mortgage Four in five prospective first time buyers have been rejected for a mortgage A survey of 1,000 prospective first time buyers reveals a post-pandemic shift in mortgage approvals. Read all the findings from our First Time Buyer Index.
Mortgages 3 min read 28/04/2021 Parents go to greater lengths to assist their children get on the housing ladder as Covid-19 forces the bank of mum and dad to 'become a necessity' Parents go to greater lengths to assist their children get on the housing ladder as Covid-19 forces the bank of mum and dad to 'become a necessity' Our First Time Buyer Index indicates that more prospective buyers got help from family to fund a deposit in 2021 compared to 2020. Read the full results.
Business Finance 2 min read 26/04/2021 Signs of recovery as SMEs plan to spend £97,000 on business growth Signs of recovery as SMEs plan to spend £97,000 on business growth Our research shows signs of post-lockdown recovery for small and medium-sized enterprises (SMEs). Find out what SMEs are investing in after the pandemic.
News 1 min read 20/04/2021 Aldermore provides £6.4m for regeneration scheme in Newcastle upon Tyne Aldermore provides £6.4m for regeneration scheme in Newcastle upon Tyne Find out how our property development funding helps an independent housebuilder in Newcastle upon Tyne to continue the regeneration of Ouseburn Valley.
News 2 min read 16/04/2021 Seeing family and friends tops list of what Brits most look forward to post-vaccine as the UK plans for life after lockdown Seeing family and friends tops list of what Brits most look forward to post-vaccine as the UK plans for life after lockdown Covid-19 lockdown presented a scenario unlike anything most of us had experienced before. Discover what Brits most look forward to in life after lockdown.
Business Finance 1 min read 22/03/2021 Aldermore provides Invoice Finance facility to back Norwich based HGV recruitment business Aldermore provides Invoice Finance facility to back Norwich based HGV recruitment business We provided an Invoice Finance facility for Skipper Recruit, a Norwich-based HGV recruitment business. Find out how our backing has helped them to expand.
Savings 2 min read 22/03/2021 Millennials and Generation Z increase savings 30% as Covid-19 provides wake up call for young generations to save more Millennials and Generation Z increase savings 30% as Covid-19 provides wake up call for young generations to save more We asked over 4,000 UK adults about their saving habits to see if they have changed since Covid-19. Find out how much different generations save in the UK.
Savings 3 min read 12/03/2021 Half of Brits do not have any money set aside in an emergency fund Half of Brits do not have any money set aside in an emergency fund The Covid-19 pandemic renewed the focus to build an emergency fund in case of crises or life events. Discover how the British public saves for a rainy day.
News 3 min read 04/03/2021 Resilient financial performance despite tough economic environment Resilient financial performance despite tough economic environment Discover Aldermore Group's full results for the first half of the 2021 financial year. Despite the tough economic environment, we grew our customer base.
Mortgages 2 min read 18/02/2021 Aldermore upgrades product switch functionality Aldermore upgrades product switch functionality To improve our end-to-end digital experience, we have launched a new product switch functionality. Explore the benefits of our enhanced digital service.
Mortgages 5 min read 11/02/2021 One in four renters are worried about their credit rating as they set sights on home ownership One in four renters are worried about their credit rating as they set sights on home ownership Securing a mortgage can be a big obstacle for private renters who want to buy a home. Read more about renters' concerns about entering the property ladder.
Savings 2 min read 28/01/2021 Parents have contributed £9.6bn towards their children's bills and debts during the Covid-19 outbreak Parents have contributed £9.6bn towards their children's bills and debts during the Covid-19 outbreak Many young adults experienced financial difficulties due to Covid-19. Discover how parents supported their adult children financially during the crisis.
Mortgages 3 min read 21/01/2021 Half of renters are worried about their housing situation due to Covid-19 uncertainty Half of renters are worried about their housing situation due to Covid-19 uncertainty Half of renters say that they worry about their housing situation due to the uncertainty caused by Covid-19. Read more about how Covid-19 impacts renters.
Savings 3 min read 20/01/2021 Brexit and Covid-19 top UK’s money worries for 2021 Brexit and Covid-19 top UK’s money worries for 2021 Our survey found that the economic impact of Brexit and Covid-19 are among the top money concerns in the UK in 2021. Read the full results of our survey.
Savings 2 min read 18/12/2020 Working from home reduces spending by £110 per week as the UK becomes a nation of savers Working from home reduces spending by £110 per week as the UK becomes a nation of savers Our research reveals that working from home has enabled Brits to save an average of £110 per week. Read more about how Covid-19 impacted saving habits.
