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  • FIRST POST
    • FTB0101
    • By FTB0101 6th Jul 18, 6:13 PM
    • 14Posts
    • 2Thanks
    FTB0101
    Aldermore timescales
    • #1
    • 6th Jul 18, 6:13 PM
    Aldermore timescales 6th Jul 18 at 6:13 PM
    Hi all,

    Has any one recently applied with Aldermore and can provide we with rough timescales please.

    Aip 22/06
    Offer made and accepted 27/06
    Full application 04/07.

    Used Aldermore due to my poor credit file after a lot of research they were the best fit for my situation.
    Thanks
Page 1
    • FTB0101
    • By FTB0101 6th Jul 18, 8:04 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    • #2
    • 6th Jul 18, 8:04 PM
    • #2
    • 6th Jul 18, 8:04 PM
    To add the aip/dip was offered straight away no referral.
    • FTB0101
    • By FTB0101 9th Jul 18, 10:49 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    • #3
    • 9th Jul 18, 10:49 PM
    • #3
    • 9th Jul 18, 10:49 PM
    Any one had recent dealing g with Aldermore that give me rough timescales
    • FTB0101
    • By FTB0101 10th Jul 18, 6:27 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    • #4
    • 10th Jul 18, 6:27 PM
    • #4
    • 10th Jul 18, 6:27 PM
    Good update today,

    Extra info asked for and valuation booked
    • Jobyjo
    • By Jobyjo 11th Jul 18, 12:51 PM
    • 9 Posts
    • 0 Thanks
    Jobyjo
    • #5
    • 11th Jul 18, 12:51 PM
    • #5
    • 11th Jul 18, 12:51 PM
    how have you found Aldermore? We are struggling to sort a mortgage on help to buy and are considering Aldermore as our mortgage broker is struggling due to my poor credit. My partner has 3 points off the top of excellent and Im in the poor region after a bad spell a few years back. We have the deposit struggling to find the mortgage.
    • FTB0101
    • By FTB0101 11th Jul 18, 2:19 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    • #6
    • 11th Jul 18, 2:19 PM
    • #6
    • 11th Jul 18, 2:19 PM
    I'm using them do to my credit file.

    6+ defaults all over 5 years and due to drop off next year.

    Imo they have been quick. I think it's more down to getting a broker that has dealt with them or adverse credit before.
    They haven't asked for anything to extreme. Just things like bank statments, proof of deposit and wage slips.

    We will be paying alot more for using them. But in hindsight this will only before 2 years then we should be able to go the a high street lender.

    Hope this helps
    • Jeden
    • By Jeden 11th Jul 18, 3:33 PM
    • 35 Posts
    • 6 Thanks
    Jeden
    • #7
    • 11th Jul 18, 3:33 PM
    • #7
    • 11th Jul 18, 3:33 PM
    Hi Both,

    We used Aldermore on a Help to buy and to be fair they were really good (just shy of 3 weeks total turnaround). We complete next month and have received our offer.

    My wife has perfect credit and I had one 5 1/2 year old default that was settled for 40.00 No other adverse credit and all payments on time. I truly believe that we could have got a high-street lender but I think our adviser was a bit lazy. We weren't fussed about paying a couple of hundred pound more a month for two years as we really wanted the house and will be able to get a much better deal when we remortgage in 2 years.

    All in all we have no problems with Aldermore and probably would have received our offer a week earlier if the mortgage advisers were a bit more proactive.
    • FTB0101
    • By FTB0101 12th Jul 18, 9:28 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    • #8
    • 12th Jul 18, 9:28 PM
    • #8
    • 12th Jul 18, 9:28 PM
    Additional information provided, valuation completed today.
    Just have to wait now for the outcome. The wait is killing I just want an answer
    • Daani35
    • By Daani35 19th Jul 18, 11:32 PM
    • 2 Posts
    • 2 Thanks
    Daani35
    • #9
    • 19th Jul 18, 11:32 PM
    • #9
    • 19th Jul 18, 11:32 PM
    Hi

    Did you get an answer? I am still awaiting file with underwriter all paperwork was submitted 7-8 days ago and they asked for additions which was provided.
    • FTB0101
    • By FTB0101 20th Jul 18, 1:33 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    Hi

    Did you get an answer? I am still awaiting file with underwriter all paperwork was submitted 7-8 days ago and they asked for additions which was provided.
    Originally posted by Daani35

    We had an update from the MA yesterday. All additional information was sent to them on the 10th, They are about 7 days behind on paperwork. Luckily for us the Valuation came in as they were reviewing. They have asked for a few more bits but personal to us I feel. Once these they should offer.

    Hope this helps.
    • FTB0101
    • By FTB0101 6th Aug 18, 12:33 PM
    • 14 Posts
    • 2 Thanks
    FTB0101
    Had some amazing news this morning, Aldermore provided me with my mortgage offer.

    took a little over 5 weeks from AIP to full offer.

    Happy to take PM's if any wants any advice
    • SarahLou0385
    • By SarahLou0385 17th Aug 18, 1:50 PM
    • 3 Posts
    • 1 Thanks
    SarahLou0385
    glad to hear you got your offer :-) I had mine through this morning from Aldermore, 3 weeks from application to approval. Hopefully anyone else waiting and wondering will find this thread handy too :-)
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