1. 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: ). Registered office: 1st Floor, Block B, Western House, Lynch Wood, Peterborough, PE2 6FZ. Registered in England No ARM

2. 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

3. 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

4. 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

5. What’s new?
Our lowest ever residential remortgage with rates from 2.38% saving your client £7, 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 data sourced from Moneyfacts.

6. 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

7. 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 %.
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

8. 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

9. 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.

10. 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).

11. 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.

12. 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