Aldermore mortgage gross lending reaches £1 billion.

Aldermore mortgage deals have been made available to UK home-owners since the bank first opened it's doors in 2009.

The bank has recently released figures revealing that the total value of the Aldermore mortgage book for residential and commercial purposes advanced since this time, has recently reached £1 billion.

Mark Stephens who is the Group Managing Director of the Aldermore Mortgage Division commented on the figures, saying that £1 billion in lending is an amazing result during a period which has experienced financial crisis.

Aldermore has consistently managed to increase its volume of lending at a time when other mortgage providers have had to cut back and tighten their mortgage criteria. He added that the bank's strategy of supporting home-owners and property investors has proved to be highly effective.

Aldermore have chosen to focus on lending to those creditworthy mortgage borrowers, who have been frustrated by other high street lenders refusals to lend to them. Aldermore advise that it assesses each case based on it's own individual merits, automated credit scoring does not form part of the process.

Mr Stephens went on to say that the bank has ambitious plans for commercial and residential lending for 2012 and new product announcements will shortly be made.

If you are looking for an Aldermore mortgage or comparison of other lenders mortgage rates then contact Deal Direct today.