Aldermore becomes latest lender to join MMA

Mortgage Market

The Mortgage Market Alliance (MMA) focuses on communicating to customers that the lending market is open for business and has a strong appetite to lend

Aldermore has become the latest lender to join the Mortgage Market Alliance (MMA). The bank provides specialist finance to business owners, homeowners and landlords and car owners. Aldermore’s experienced underwriters take a ‘flexible and human approach’ to lending, including to customers with a small deposit, limited equity, those who are self-employed or have experienced credit issues in their past.

The MMA launched last year to provide a collaborative voice for the mortgage and property finance industry to help promote the availability of lending and the value of professional advice.

The Alliance focuses on communicating to customers that the lending market is open for business, has a strong appetite to lend, is increasing its reach and is highly competitive. As a call to action (CTA), customers are encouraged to seek professional, independent advice as the best way to access the most appropriate options for their circumstances.

Nick Parker, Head of Intermediary Distribution at Aldermore, said: Home buyers are more diverse and unique in their financial circumstances than ever before, and Covid-19 has made buying conditions more challenging. It has never been more vital that the industry unites and works together, to share best practices, challenge long-held assumptions, and bring the market forward as it evolves into the exciting and rapidly growing digital space.

Rob Griffiths, Director of the Mortgage Market Alliance, said: I’d like to welcome Aldermore as the latest lender to commit to the Mortgage Market Alliance. As Nick says in his quote – it is more important than ever that the industry unites and works together, and we provide a channel for a collaborative effort to raise consumer awareness around the diverse range of options available in the mortgage market and the benefits of professional advice.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Getting Money Wise. The information provided on Getting Money Wise is intended for informational purposes only. Getting Money Wise is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

getting money wise

Welcome! Get your FREE access to EVERYTHING we publish…

Our goal is to show anyone how to make investing profitable. You’ll get our FREE weekly newsletter with latest news and information on investment topics along with special offers. Please take time to read our privacy policy . The information you provide us will be processed in accordance with this.