Aldermore is the latest big-name lender to withdraw its mortgage range as the market tries to come to grips with the ongoing economic situation in the UK.
Aldermore joins a host of big names making withdrawals as lenders work to reprice mortgage ranges.
The lender stopped accepting DIPs at 6pm this evening (27th September) and is now working on relaunching its range.
A statement from the lender read: “As you may have seen in the media, many lenders have reacted to the sharp increase in the costs of providing fixed rate mortgages.
“We’re also in this position and today make the difficult decision to withdraw all mortgage products.
“We’re working hard to relaunch the right products for you and your customers.”
