Mortgages Relationship Manager Danielle Walters 07721 127513 FOR INTERMEDIARY USE ONLY Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. (Financial Services Register number: 204503). Registered office: 1st Floor, Block B, Western House, Lynch Wood, Peterborough, PE2 6FZ. Registered in England No. 947662. ARM329-0817-400435

Say hello to the bank that treats each customer as an individual We’re here to help Britain’s borrowers who may not fit the one-size-fits-all approach of other lenders That’s why we don’t just rely on machines; we use real people to underwrite applications As a specialist lender with in-house experts, we treat your clients as individuals, not just a number How? Cover the fact we do not credit score, manually underwrite all of out applications. Example Who? Team of underwriters include figure and setup

Who can we help? First Time Buyers with low deposits Self-employed Remortgage Prisoners Those with less than perfect credit Portfolio Landlords Limited Company Landlords First Time Buyers: New Build and Help To Buy Offer a 95% LTV Range Self-employed: 1 years’ accounts considered Profits retained within the business Remortgage Prisoners: Change in circumstances i.e. split from partner, redundancy Those with less than perfect credit: Consider clients with history of credit blips DMP’s Usage of short term borrowing Portfolio Landlords: No background portfolio limits HMOs and multi-freehold units CCJs : unlimited number/value considered – subject to registration/discharge time limits Defaults : unlimited number/value considered – do not always need to be discharged Secured & unsecured late and missed payments : clear for last 3 months Communications accounts : greater flexibility on overdue accounts DMP : can consider up to 95% even if to remain beyond completion Short Term Borrowing : will consider up to 95% if no recent use/dependency Dinner party landlord – 1 or 2 BTL’s

We back you with amazing support, expertly delivered Dedicated contacts Regional representatives to help you with new opportunities Calls from our experts at key stages of the application process Fairness Your clients will get the same deals as direct customers Teamwork For residential and standard buy-to-let loyalty mortgages we’ll pay you retention procuration fees Transparent service We update our underwriting and offer timescales every working day

What’s new? Our lowest ever residential remortgage with rates from 2.38% saving your client £7,135.71 over 2 years* Policy Update: New Build Incentives helping to get your residential clients on the ladder and your buy-to- let clients maximise their deposits NEW Residential Affordability Calculator on our website, giving you confidence on how much your client could borrow Fee Free Re-mortgage deals - Free Legals, Free Valuation and No Product charge NEW BTL calculator built to Include a stable rental growth over a 5 year period to ensure our landlords are provided with a loan figure that reflects their portfolio *Average SVR of 4.75% based on 77 lenders’ current standard variable rates and correct as of 18 September 2017 - data sourced from Moneyfacts.

Buy-to-let Mortgages How? Cover the fact we do not credit score, manually underwrite all of out applications. Example Who? Team of underwriters include figure and setup

We Support ALL landlords No minimum income or owner occupier status required for existing landlords Low Portfolio stress testing with future rental increase factored in 145% ICR with 120% Top slicing available to all No background Portfolio limits – LTV or number of properties Flexible security types Tenants in Receipt of Housing benefit Flats situated above a commercial, Aldermore can assist up to 75% LTV. If immediately above/adjacent to restaurant/takeaway/public houses/laundrettes can be considered up to 60% Top Tip The calculator provides all the information you need on our stress rates and how to work them out: Term variable Rate/Fixed Rate <5 years, is the higher of Pay rate + 2%, or 5.5% Fixed Rate 5> years, is the higher of Pay rate, or Reversion rate + 0.75%. Flexible security types – above commercial, ex local, MUF comprising of studio within Min income – also discuss no need for owner occupied Holiday lets considered Available to Individual, LTD Co, HMO & Multi-units Roundtable – use calc on Ipad to emphasise its use ICR’s Ltd Co – 125% or 110% with top slice Individual – 145% or 120% with Top slice

Remortgage Prisoners What do we offer? A 0.2% discount off our standard remortgage only products for single residential units (discount is included in the rate BTL) Fee FREE solutions - with no application, product, valuation or legal fees (a £30 funds transfer fee will be payable on completion) Capital raising up to 80% LTV for property related purposes, or up to 75% LTV for most non-property related purposes Adverse and active Debt Management Plans are acceptable – as long as the adverse surrounding the DMP fits our current criteria, the payment needs to be keyed as a monthly commitment. Top Tip If required, personal income will be taken into account during the portfolio assessment, including any necessary adjustments due to future tax liability

Portfolio Landlords – 4 or more mortgaged BTL’s How to calculate whether your client is a portfolio landlord (for our applications): Include all properties owned solely or jointly by the applicant Include properties which are company owned where the applicant has at least a 25% share Multi-unit freeholds count as one property The application property must be included We can re mortgage to fund a business purchase or put into an existing business as long as it isn’t ailing up to 75% LTV Portfolio with mortgages in personal/Limited Company names or with mixed property types, an average weighted ICR will apply with a stress rate of 5% Top Tip With us applicants are classified as portfolio landlords individually and not jointly. For example if two applicants are jointly applying for a new Buy-to-Let mortgage and they both own two properties each they won’t be classed as portfolio landlords.

Portfolio Landlords – PRA requirements Aldermore will split portfolio landlords into two further categories to determine what further information needs to be provided to underwrite the case: Face to face interviews with Aldermore will be required for buy-to-let cases where: The applicant is a portfolio landlord with 11 or more mortgaged Buy-to-Let properties with Aldermore; or Total borrowing with Aldermore is £1m or more Top Tip Aldermore will provide templates for these documents to make it easier to submit portfolio landlord applications (other versions providing the same level of information will be accepted).

Buy-to-Let for Companies What do we offer? Mortgages and Re-Mortgages up to 80% LTV ‘Lower stress testing at 125% ICR or 110% to top slice No background portfolio limits We accept trading companies – doesn’t have to be an SPV No mandatory Floating Charge or Debenture required Up to 6 Directors can be added Up to 16 properties on One application No property related SIC code required Top Tip Our Interest Coverage Ratios (ICRs) are lower than those for personal borrowing and our affordability stress rates are the same as those for individual borrowers.

Any questions? SPV – tax wrapper Trading ltd co - - Standard trading period required – 2 Years For clients moving properties across into a new SPV the equity will be their deposit . 6 directors including children