| 10/05/13 - GE Money Product Changes |
GE Money have made changes to their product range:• Completion fees removed on all standard FTB0 products • Rate reductions across all fixed products on FTB0 • Increase to Discount and Tracker rates on FTB0 Click here for the latest product guide. |
| 29/04/13 - New Fixed Rates with No ERCs from Saffron |
If your clients want to lock into today’s low interest rates they’ll be interested in the new fixed rate from Saffron For Intermediaries:• 4.47% fixed to 31st May 2016 • No early repayment charges either during or after the fixed rate period • Available on Buy-to-Let, Self-Employed, Professional and Contractor Special Situations mortgages • Max 80% LTV • 1% arrangement fee (2% on buy-to-let) Every mortgage application is individually assessed by an underwriter and competitive procurement fees are paid on all completed cases. To download the full product guide CLICK HERE |
| 22/04/13 - Lenders announced for Brighton |
Saffron for Intermediaries, Shawbrook Bank and GE Money will be presenting at our broker seminar in Brighton on Wednesday 24th April.These lenders will be presenting on how to do complex business, near prime, commercials, mortgages for the over 65s and short term lending along with recent case studies. PLACES ARE LIMITED and will be on a first come, first served basis. This will be a morning event and held at the Holiday Inn Hotel, 137 Kings Road, Brighton Sea Front. To register your interest, please email dale@atomltd.co.uk with your name, company name, contact details and we will then confirm your place and full event details and timings. |
| 17/4/13 - On Site today - Masthaven & Shawbrook! |
We are delighted to have Richard Deacon, Sales & Marketing Director of Masthaven Bridging and Peter Turner, Business Development Manager for Shawbrook Bank in AToM HQ today.Both will be delighted to take any enquiries you have. Masthaven - FCA regulated first charge lending - Renovation and refurbishment loans - Auction purchases - Second charge finance for business purposes - All credit histories considered Shawbrook - Commercial loans - Bridging finance - Light Renovations - BTLs / HMOs / etc Call now and speak to a lender expert! |
| 12/04/13 - New Saffron BS Product Guide |
Saffron for Intermediaries has issued a new product guide.The changes are as follows:- - FTB Rent to Buy Product is now available for Purchases in England and Wales. - Professional Mortgage has been reduced to 4.99% (SVR - 0.40%) for 2 years (was 5.99%) with new additional professions added including Teachers and Qualified IFA's and Mortgage Advisers. - Introduced a new product called Next Step Mortgage which is available up to 95% LTV and is for Home movers with a minimum 12 month mortgage history. The full product guide can be downloaded by clicking here For more information, please contact the AToM sales team as products are only available via Specialist Authorised Distributors. |
| 11/04/13 - 95% available for home movers and ftbs. |
Great news! - with immediate effect the Saffron for Intermediaries Product available up to 95% LTV Fixed until 31st Aug 2016 at 5.99% with a £495 arrangement fee has now been formally opened up to England and Wales for all residential applications.Residential applications must have current mortgage and First Time Buyers must have 12 months rental history. No ADVERSE! This has a very limited distribution and AToM is delighted to offer this product. REMEMBER, no credit scoring and no ERCs! No ADVERSE! Contact AToM for more details. |
| 09/04/13 - Broker Seminar - BRIGHTON - 24/4/13 |
We are now taking reservations for our broker seminar to be held in Brighton on 24th April 2013.Three lenders will be presenting on how to do complex business, near prime, commercials, mortgages for the over 65s and short term lending along with recent case studies. PLACES ARE LIMITED and will be on a first come, first served basis. This will be a morning event. To register your interest, please email dale@atomltd.co.uk with your name, company name, contact details and we will then confirm your place, venue location and all other event details. |
| 04/04/13 - Aldermore cuts rates |
Aldermore mortgages has cut interest rates by up to 0.60%, on Residential products and up to 0.40% on Buy to Let. Buy to Let: • DOWN! - BTL 2 Year fixed reduced to 4.48% up to 75% LTV • DOWN! - BTL 3 Year fixed (2.50% fee) reduced to 4.48% up to 75% LTV • DOWN! - BTL 3 Year fixed (£999 fee) reduced to 4.78% up to 75% LTV • DOWN! - BTL 5 year fixed reduced to 4.78% up to 75% LTV • DOWN! - BTL 2 year discount reduced to 4.48% up to 75% LTV • NEW! - BTL 2 year discount 4.98% at 80% LTV Residential rates from just 3.98% • DOWN - 2 Year fixed reduced to 3.98% at 65% LTV, 4.48% at 75% LTV and 4.88% at 80% LTV • DOWN - 3 Year fixed reduced to 4.28% at 65% LTV and 4.68% at 75% LTV You can access all of these directly with Aldermore and by choosing AToM as the payment route. |
| 28/03/13 - Precise make changes |
Precise Mortgages have made changes to their product ranges:Home Owner - • Maximum age increased to 70 (at the end of mortgage term) • Loans up to £500,000 now available to 80% LTV BTL - see the core product range here • Maximum age increased to 75 (at the end of mortgage term) • Restrictions removed on number of loans with other lenders, now unlimited! Call AToM to find out more |
| 27/03/13 - Saffron extend coverage of FTB 95% LTV |
Great news! - with immediate effect the Saffron for Intermediaries Product available up to 95% LTV Fixed until 31st Aug 2016 at 5.99% with a £495 arrangement fee has now been formally opened up to England and Wales.This has a very limited distribution and AToM is delighted to offer this product. REMEMBER, no credit scoring and no ERCs! No ADVERSE! Call now or to download the full product guide, please CLICK HERE |
| 18/03/13 - Lenders on site at AToM |
It's going to be another busy week at AToM HQ, but we have the added benefit of having lenders in-house to assist with any enquiries or cases that need placing!Our specialist lenders will take your calls and discuss criteria and enquiries. This week, our experts on site will be: Monday - Shawbrook Tuesday - GE Money Wednesday - Saffron BS Friday - Aldermore Commercial The lenders product guides can be found on our lender page, but whatever the enquiry, speak to AToM and we'll see how we can assist and what terms we can offer. |
| 18/03/13 - BM Solutions allow student lets |
BM have reviewed their current policy relating to tenants receiving benefits and student lets and its impact on their lending decision. With immediate effect, they will now accept mortgage applications where landlords are letting their properties to students and tenants receiving benefits. These changes will impact both new and existing customers. For landlords with student lets, the maximum number of tenants on one Assured Shorthold Tenancy Agreement (AST) will be five in line with their current lending policy. Applications from landlords with tenants on any benefits will now be accepted. This includes housing benefit, rent rebate or rent allowance. HMOs still remain outside of their lending policy. |
| 15/03/13 - AToM added to IN Partnership & Whitchurch Network |
AToM are delighted to announce their appointment to the Approved Packager Panel for IN Partnership and Whitchurch Networks.We look forward to being of assistance and working closely with all IN Partnership and Whitchurch Network Member Partners. |
| 15/03/13 - AToM goes Red.... |
For each DIP received today, via our website, for a lender on the AToM panel, we’ll donate £2 to red nose day! Help us raise lot’s of money for Comic Relief! |
| 07/03/13 - Aldermore slash rates on BTL |
Aldermore are making changes to their products and their improved BTL range now includes:• MARKET LEADING* 3 year fixed rate 4.98% at 80% (2.5% completion fee) • REDUCED 3 year fixed rate 5.28% at 80% (£999 completion fee) • REDUCED 3 year fixed rate 4.98% at 75% (£999 completion fee) • REDUCED 5 year fixed rate 5.28% at 80% (£1,999 completion fee) And don’t forget the following criteria enhancements they recently made: • Let to Buy accepted for remortgage of an existing residential property onto a Buy to Let mortgage • Full Family Gifted Deposits accepted on all Buy to Let purchases Go direct to Aldermore and click AToM on the payment route or speak to AToM to get registered. |
| 06/03/13 - Saffron for Intermediaries Launches |
‘Saffron For Intermediaries’ is the new name being given to Saffron Building Society’s specialist intermediary lending channel, which is expected to account for approximately 90% of the Society’s new lending activity during 2013.Saffron For Intermediaries is also launching a ‘Special Situations’ product range which includes mortgages for the self-employed, buy-to-let investors including those who want to refurbish before letting their properties, self builders, borrowers wishing to repair an adverse credit record, contractors and professionals. Borrowers can select optional features on some products, such as interest only, second homes and contract gaps and a bespoke mortgage service is also available for borrowers whose needs fall outside standard criteria. These products are being marketed via a panel of distributors which includes AToM and further information about the new product range can be advised by the AToM sales team. To download the full product guide, please CLICK HERE |
| 04/03/13 - Aldermore add gifted deposits |
Aldermore have introduced enhanced criteria on their Residential and Buy to Let product range. From today, they will accept full gifted deposits* from close relatives including step relatives. A close relative is defined as a spouse, parent, grandparent, sibling, or child.• Full Family Gifted Deposits on all Residential purchases • Full Family Gifted Deposits on all BTL purchases Speak to AToM to find out more.. |
| 01/03/12 - TMW allow Local Authority Tenants |
With effect from Friday 1 March, TMW will accept BTL applications involving Local Authority tenants or those who are in receipt of housing benefit. TMW's Standard BTL Mortgage Conditions will be amended to reflect this change and will be available from next week. |
| 22/02/13 - GE Money make changes |
GE Money have issued a new product range 0813 with effect from Friday 22nd February 2013. Initial rates on their new business rate card have been reviewed in line with the marketplace and GE have reduced rates ranging from 0.10% to 0.20% on various price points on their 2 year fixed & 2 year fixed low rate/high fee products. At the same time GE have increased rates ranging from 0.10% to 0.15% on various price points on their Tracker & 2 year discount low rate/high fee product. GE have also reduced ERC’s across all their products. To view the latest product guide, please CLICK HERE For all existing products, already DIP'd, AToM must have cases asap as we have to submit fully packaged to GE by 15th March. No exceptions to this deadline. |
| 20/02/13 - Aldermore adds Let to Buy |
LET TO BUYToday Aldermore are delighted to confirm that they will now accept Let to Buy applications in the following circumstances: • Remortgage of an existing residential property onto a Buy to Let mortgage. • Lending up to 80% LTV (maximum 75% for first time landlords) • Capital raising up to product maximum LTV (ideal for raising a deposit for a new property) • Standard Buy to Let range and criteria applies – rates starting from just 4.48% COMMERCIAL Aldermore offers commercial mortgage loans on a broad range of properties. For example, offices, either for owner occupiers or investment: - LTV: Up to 70% of the lower of purchase price or valuation.* - Loan sizes: £25,001 to £5,000,000 - Margins: From 4.50%** + 3 months Libor (variable) and dependent upon size of loan and quality of application. - Term: From 5 years to 20 years. - In all cases we take into account the total liabilities and provable income streams when assessing overall affordability. - Status: We will consider a small amount of adverse information but no missed mortgage or secured loan repayments within last 3 years. Any facility is subject to formal risk approval. Call AToM to find out more.. |
| 14/02/13 - AToM in top 3! |
AToM were delighted to be finalists in two categories at last nights Mortgage Strategy Awards, held at the Grosvenor Hotel in Park Lane and hosted by Gabby Logan.In the Specialist Packager/Distributor category - Runner Up In the Best Bridging Broker/Specialist category - 3rd Place. Both were great achievements and we thank you for voting for AToM and for your continued support. |
| 12/02/13 - Shawbrook lower rates |
Shawbrook are serious about lending in the short term arena, and have made some further changes to their product offering to show this commitment. • minimum term requirement on all short term loans removed • Standard short term bridging rates reduced on residential property • 0.65% per month up to 60% LTV (7.0% above 3 month LIBOR, was previously 7.5%) • 0.69% per month up to 70% LTV (7.5% above 3 month LIBOR, was previously 8.5%) Short term refurbishment bridges • Reduced to 0.73% per month on residential property up to 70% LTV - 8.00% above 3 month LIBOR, was previously 9.15% These changes apply to pipeline business too, up to Formal Offer stage. Please call AToM to find out more |
| 07/02/13 - Platform make reductions |
Platform will re-launch its Mainstream and Buy to Let products with reduced rates across the range on Tuesday 12 February. Buy to Let Changes • NEW Fixed and Tracker rates at 75% LTV • 2 Year Fixed rates reduced by up to 0.44% • 2 Year Tracker rates reduced by up to 0.99% • New product codes issued for all products Buy to Let Incentives • Free first standard mortgage valuation for Purchase and Remortgage available with all products, using our recommended surveyors • Free standard legals for remortgage applications using our recommended solicitors Speak to the AToM sales team to find out more |
| 01/02/13 - AToM Seminars |
AToM will be holding many seminars throughout 2013 to promote Complex Mortgages, Near Prime, Commercial/STL, and Mortgages for the over 65's. At each event, 2-3 lenders will be in attendance to present, educate and promote ways to attract and place new business in these sectors.The first of these will be: 27th Feb - Croydon 28th Feb - Winchester These will be a morning session and will aim to finish around 1pm. PLACES ARE LIMITED and will be on a first come, first served basis. To register your interest, please email dale@atomltd.co.uk with your chosen location, name, company name, contact details and we will then confirm your place, venue location and all other event details. |
| 01/02/13 - Shawbrook launch 95% Secured Loan |
Shawbrook have launched a 95% secured loan proposition aimed at employed applicants.Please call the secured loan team to find our more or if you have an enquiry, apply online |
| 31/01/13 - Saffron launch Credit Repair No ERC through AToM |
We are delighted to be offering a NO ERC Credit Repair product from Saffron Building Society.This is a Semi Exclusive product available through AToM and a very select distribution. Remember, this product has NO ERCs and is manually searched, not credit scored. To download the full details, please click here All enquiries and cases must be submitted to AToM and NOT to the lender directly for this product. |
| 31/01/13 - Precise slash rates - now from 2.99% |
Struggling to place cases for customers who are Prime, have a low credit score or an adverse profile?Precises online mortgage system will automatically find the cheapest product for your customer's profile using up and down product cascading, give a decision in minutes and only leave a soft footprint. Various mortgage options from the new range launched today include... - Rates from 2.99% for borrowers with a prime profile - Rates from 3.49% for borrowers with historical adverse or a low credit score - Rates from 4.74% for borrowers with more recent adverse New range includes 2 and 5 year fixed and 2 year trackers up to 80% LTV Selected products have... • Fee free remortgages with no valuation fee, no legal fees and no product fees • Porting • 10% Capital repayments with no Early Repayment Charges • Product options available for First Time Buyers up to 80% LTV For DAs using Precise Prime, go direct to the lender, select AToM as the payment route and AToM will pay you the FULL 0.35% proc fee. Download the Prime product guide HERE For Near Prime products, please contact AToM as normal. Download the Near Prime product guide HERE Or speak to the AToM sales team for further assistance. |
| 30/01/13 - Aldermore Reduce Rates |
Aldermore have launched some new market-leading rates on their BTL range.Buy to Let • Reduced - term variable to 75% LTV at 4.48% • New - term variable to 80% LTV at 4.98% • Reduced - 2 year fixed to 80% LTV at 4.98% • Reduced - 5 year fixed to 80% LTV at 5.48% With a full range of fixed and variable BTL products for first time landlords, through to professional landlords, no credit scoring and up to 5 properties per portfolio, now’s the time to try Aldermore. You can deal direct with the lender and choose AToM as your payment route! Download the latest product guide HERE |
| 29/01/13 - Shawbrook Reduce Rates |
Residential Investment Products – Shawbrook can lend on single investment properties, portfolios, multi units, HMO’s/student lets. They lend to both individuals and Ltd Co’s and do not limit the amount of properties that the client can own and the business activities of the Ltd Co. • Rates reduced by up to 0.60%, these now start from 4.75% above 3 month LIBOR and the 75% LTV product is now just 4.95% above 3 month LIBOR • Arrangement Fee reduced by 0.80% to 1.70% • Aggregate values now used for up to 5 units in a block. • Loans up to £10m Commercial Investment Products – Shawbrook can lend on pure commercial and semi commercial investment properties. Where the residential element has separate access there is a reduction in the margin. • Rates reduced by 0.35% on the Semi Commercial Products, these now start from 5.20% above 3 month LIBOR up to 70% LTV and don’t forget the clients have 3, 5 & 10 year interest only options available too at this LTV. • Arrangement Fee reduced by 0.80% to 1.70% Medium Term Refurbishment Product – 70% of after-works value lent – releasing capital for the next project. Commission paid twice, on completion and once retention released. • Rates reduced by 0.50%, now just 4.95% above 3month LIBOR. As a Strategic Partner with Shawbrook, these changes are available immediately through AToM. Call the sales team now or download the quick reference guide by clicking here |
| 23/01/12 - Saffron semi-exclusives |
We'd like to highlight two great products with Saffron BS that are restricted to a small number of packagers, including AToM:BTL Refurb - For existing landlords that wish to purchase or re-mortgage a property that requires a level of light refurbishment before renting the property. Click here for the product sheet Self Employed - To provide mortgage facilities for those working on a self-employed basis. Available for applicants with only 1 years accounts. Click here for product sheet Both products are manually assessed and reviewed on a case by case basis. Speak to the AToM sales team to find out more. |
| 21/01/13 - The AToM Retirement Mortgage |
The 'AToM Retirement Mortgage’ is a product designed to assist those already in retirement who are looking to raise funds on their property, but not take out an ‘Equity Release’ mortgage. It can also be used for purchases. Each enquiry is manually assessed and the lender has the ability to think ‘outside the box’ and assess each case on it’s merits, including LTV, affordability and credit history.- 5.74% variable - Can be on an Interest Only basis - ERCs in first year only - max LTV is 50% and maximum loan size is £350k. - there must be equity remaining of £150k at completion - Income must be provable (whether earned, pension, rental, investment, etc) and the loan must be affordable within normal income multiples. Income support from immediate family members can be considered. - Customers must be owner occupiers. - Minimum age is 65 - £299 application fee and £1,495 completion fee (added within LTV max) Family members are to be informed by solicitors of the details of the transaction. Applicants are responsible for normal valuation fees. A standard Legal fees package is available at £370 on remortgages (T&Cs apply, searches extra). Applications are reviewed on a case by case basis and therefore any additional information to positively support the application will be considered. Properties in England and Wales only. To discuss an enquiry, please speak to the AToM sales team or send us a DIP. |
| 21/01/13 - Aldermore Commercial Rate Changes |
Aldermore Commercial have improved their product rates and these are applicable to:Commercial Owner Occupied to 70% LTV Residential Investment to 70% LTV Commercial Investment to 70% LTV Commercial Investment to 70% Part and Part Each case is reviewed on it's own merits and priced accordingly. To discuss any enquiries, please call the AToM sales team. |
| 17/01/13 - It's Twins! |
Delighted to announce two of our staff members have had twins! Carolyn Jannels gave birth to two girls on Tuesday night! Husband Neal is said to be over the moon! All are doing well and pictured here with Grandparents (and AToM Directors) Vic and Sheila! Congratulations from everyone at AToM! |
| 17/01/13 - TMW reduce rates |
TMW have made some product changes:• New range of competitive £995 fee products across 2, 3 and 5 year product terms • BTL fixed rates reduced by up to 0.80% • BTL tracker rates reduced by up to 0.75% • End dates extended across all products. Please call AToM to find out more.. |
| 15/01/13 - Precise reduce Bridging Premier panel and rates |
Precise have reduced their Premier Bridging Panel to 8 and AToM are delighted to be one of the chosen few.As from today, there has been a complete redesign of Precises pricing resulting in three distinct product categories: • Standing Bridging - now incorporates light refurbishments, which as a result has seen prices reduce by up to 0.35% per month • Heavy Refurbishment - prices have been reduced by between 0.10% - 0.25% per month • £1m Plus - prices slashed and now start from 0.80% per month In addition to the above, Precise still offer products for second charge lending, and remember, procuration fees are from 1.25% across the range via AToM. Call now to find out more |
| 15/01/13 - Platform make changes |
Buy to Let• NEW £2,450 Fee Options • Existing fixed rate products reduced by up to 0.90% • New product codes issued for all products Incentives • Free first standard mortgage valuation for Purchase and Remortgage available with all fixed rate products using our recommended surveyors • Free standard legals for remortgage applications using our recommended solicitors • £250 Cashback available on selected products Call AToM to find out more. |
| 10/01/13 - GE Money make changes to products |
4.30pm - GE Money is making significant changes with effect from Friday 11th January:- Minimum 6 months with current employer - Income required is now £18,000 minimum across all plans (previously £20k home owner and £25k FTB) excluding benefits / maintenance - Working Family Tax Credit and Child Tax Credit no longer acceptable. Mobility Allowance is acceptable but can only be used to offset a mobility outgoing. No changes to other acceptable benefit types - 100% of all regular non fluctuating income, 25% of all other acceptable income types - Minimum valuation reduced to £90,000 - Social Housing maximum now 70% LTV - Debt Management programmes (including DAS / DMA) now assessed on an individual basis (must be completed satisfactorily over 12 months ago) - Maximum loan size £500,000 on all products – reduced to £400,000, if debt consolidating (except FTB products which remain at £300,000) Pipeline Submission Dates • DIPs must be completed by 5.30pm on Thursday 10th January 2013 • GE must receive fully packaged applications for the 4512 range from AToM by close of business on Friday 1st February 2013. • From 4th February 2013 all new applications must be submitted using 11th January 2013 Application Form. • Any subsequent re-offer's will be on the new rate terms • All cases offered on the 4512 range or previous will be honoured on those terms. • There will be no exception to these rules If you have any queries about the changes detailed above please speak the AToM sales team. Remember, rates start from 3.99% - See the latest product guide by clicking here |
| 10/01/13 - Precise BTL withdrawals |
Precise will be withdrawing their range of Buy To Let 2 Year Tracker products tonight. You will still be able to place your Buy To Let Fixed cases with Precise Mortgages as these products remain unaffected by this withdrawal. Please Note: • All applications must be received no later than midnight on Friday 11th January 2013 • BTL Fixed rate products are still available with rates starting from 5.09% In order to secure an existing product for submission, you must ensure you obtain a full decision KFI and progress to the application stage by midnight Thursday 10th January 2013 Don't forget to highlight AToM as your payment route! |
| 07/01/13 - Shawbrook make changes |
At Shawbrook, we are committed to growing our businesses together, so to kick start 2013 we have made some exciting changes to our short term and medium terms products. • Refinances will now be accepted on all our short term and medium term loan products. It will be essential that we understand the property history and how the client has come to require short term finance • As with the current criteria, it is essential that the clients are experienced with a successful track record of similar projects. In addition we require the clients to have material independent net worth and income and to personally guarantee the loan • LTVs on refinances will be 5% lower than available for purchases Please call the AToM sales team to find out more. |
| 21/12/11 - Merry Christmas & Happy New Year! |
The Directors and Staff at AToM would like to thank you for your support throughout 2012 and we look forward to working with you in 2013.Wishing you a very Merry Christmas and a Happy New Year! AToM will be open throughout the festive period as follows: Sat 22nd Dec - 10am - 2pm Mon 24th/Tues 25th/Weds 26th Dec - Closed Thu 27th Dec - 9am to 5pm Fri 28th Dec - 9am to 5pm Sat 29th Dec - 10am to 1pm Mon 31st Dec - 9am to 3pm Tue 1st Jan - Closed Wed 2nd Jan - Business as usual! |
| 17/12/12 - Shortlisted for Business Moneyfacts award! |
AToM are thrilled to be shortlisted in the 2013 Business Moneyfacts Awards.The Business Moneyfacts Awards are one of the largest finance awards in the UK, held at a gala dinner in March 2013. Thank you to everyone that voted for us, it is appreciated and this really was a great surprise! We will let you know the outcome. Fingers crossed!! |
| 14/12/12 - Aldermore lower rates |
Don’t miss out on the following additions to Aldermore’s range, available for new business:• Residential - Limited Edition 3.98% term variable to 80% LTV, giving a low rate combined with a flat completion fee of £999. • BTL Limited Edition 2 year fixed at 4.98% up to 80% LTV (a reduction of 0.80% off the current 2 year 80% LTV fixed rate deal) • BTL Limited Edition Term Variable at 4.48% to 75% LTV – giving greater flexibility as we use this pay rate when calculating maximum borrowing. • Family Guarantee Mortgage 5.48% 2 & 3 year fixed to 100% LTV (a reduction of 0.50% off the current rate) These rates are available for a limited time only - submit a DIP today to avoid disappointment. Don't forget to choose AToM as your preferred payment route! |
| 12/12/12 - Precise review LIBOR rate |
Precise are reducing their LIBOR rate from 0.67% to 0.52% with effect from midnight tonight.
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| 11/12/12 - GE Money Product offerings |
GE Money's new business rate card has been reviewed in line with the marketplace and decreases of up to 0.30% recently came into effect. GE will consider loans of up to 80% LTV and cater for many customer scenarios within England, Wales and Scotland. Rates now start from 3.99% Self Employed with adverse is not available for FTB Fixed 3 year and Tracker products rates reduced by 0.20% (0.10% for GEM1) Discount products rates reduced by 0.30% (0.20% for GEM1) Completion fees have now been reduced as follows: • FTB0 and FTB1 products at 60%LTV reduced by £200 to £1295 • FTB0 product at 75%LTV reduced by £500 to £1495 The product rate card can be downloaded by clicking here. |
| 05/12/12 - BTL with no ERC & BTL Refurbishment |
For existing landlords that wish to purchase or re-mortgage a property, with the flexibility of no early repayment charges, or for existing landlords that wish to purchase or re-mortgage a property that requires a level of light refurbishment before renting the property, AToM can help.To see full product rates and criteria, please CLICK HERE |
| 04/12/12 - Platform change LIBOR rate |
Please be advised that Platform's LIBOR rate is now 0.62% which takes immediate effect.
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| 30/11/12 - Bank of China |
Bank of China have some superb products and will cater for FTB BTL, LTD Co Buy to Lets where the company is trading, overseas EXPATS and more.Download the product guide from lenders criteria. |
| 23/11/12 - Saffron join the AToM panel of Lenders |
Saffron Building Society have developed a range of specialist mortgages to cater for customers whose situation requires a considered and imaginative approach.Access to these products are only available through a limited distribution and we are pleased to advise that this includes AToM! Saffron's new 'Special Situations' range will initially provide mortgages for applicants with individual needs, for example: • are self-employed and cannot provide the traditional three years trading history • wish to buy and refurbish a buy to let property • are professionally qualified • want to self-build Call the AToM Sales Team to find out more or download the product guide by clicking here! |
| 22/12/12 - Precise remove income requirement on BTL |
Precise Mortgages, the intermediary only lender, is improving two parts of its lending criteria today, which will help brokers to help their customers obtain BTL and Near Prime mortgages.For all BTL applications, the lender has removed its minimum income requirement. Rather than prove income borrowers will only need to provide 3 months bank account statements so that the underwriter can treat each case on its individual merits and confirm that the account is well maintained. This will make it easier for brokers to help borrowers, some of whom may find it difficult to meet the minimum income hurdle required by most lenders. Near Prime criteria has also been changed, with the maximum loan being increased from £300,000 to £500,000 in line with borrower demand. |
| 16/11/12 - Win £2k with Precise Mortgages |
Precise Mortgages is giving one lucky mortgage intermediary a £2,000 cash prize in time for Christmas.By registering with Precise Mortgages by the 17th December 2012, not only is someone in with the chance of winning £2,000, but they can also access the recently launched Mainstream, Near Prime and BTL product ranges too! Visit www.precisemortgages.co.uk for full details and Terms and Conditions. Don't forget to select AToM as your preferred distributor when submitting direct. |
| 16/11/12 - 5 minutes with AToM MD, Dale Jannels |
Bridgingloandirectory.co.uk caught up with AToM MD, Dale Jannels.To see the '5 minutes with' article, click here |
| 09/11/12 - AToM at Mortgage Business Expo 2012 |
AToM will be exhibiting at Mortgage Business Expo London , 14th & 15th November, ExCelMBE London 2012 offers intermediaries, brokers and advisers the opportunity to access over 100 key suppliers under one roof. The FSA will be providing free to attend keynote speeches on both days of the event. You can register for free today by visiting www.mortgagebusinessexpo.com |
| 09/11/12 - Latest Introducer Guide |
We’ve updated our Introducer guide with our product offerings and how we can help you and your customers!Whether it's Complex, Near Prime, Short Term Lending, Commercial, Properties Abroad or a Secured Loan, AToM can help. Download our latest update by clicking here |
| 08/11/12 - Precise make changes |
On Tuesday 13th November, Precise will be replacing their Near Prime and Buy to Let product ranges. In order to secure an existing product for submission, you must ensure you obtain a full DIP decision KFI and progress to application stage prior to midnight on Monday 12th November. The last application date for the current range is close of business on Friday 30th November. |
| 07/11/12 - Client's had a DMP / IVA? |
Client's had a Debt Management Plan / IVA or Arrangement to Pay? AToM has successfully placed a number of cases recently with these scenarios. Properties must be in England or Wales and with a good LTV. Call the AToM sales team to find out more or to discuss an enquiry. |
| 07/11/12 - BM remove Expat Mortgage |
BM Solutions are undertaking a review of their expatriate mortgage proposition. Whilst this review takes place, new mortgage and further advance applications will be unavailable across Lloyds Banking Group. This will be effective from Thursday 8 November. Full applications and further advances currently being processed won't be affected and new applications/further advances will be accepted up to 8pm on Wednesday 7 November. |
| 22/10/12 - Prime rate 2.89% fixed with no product fee, through AToM |
Precise Mortgages have today released a Semi Exclusive Prime product range available to AToM. Purchase and Remortgage products have rates starting from as little as 2.89% on a 2 year fixed basis. - 2 Year Fixed products starting from 2.89%, available with £0 product fee - No fee Remortgage products, with a refund of valuation fee and up to £1000 cashback - Reversion rates lower than many high street banks - Online decision on your cases in minutes - Exclusively available for selected postcodes in the South of England SELECT AToM as payment route when dealing directly with Precise! For more information on these and other exclusive products available to you, call AToM on 01403 272625 or visit lenders literature. |
| 18/10/12 - Aldermore product changes |
Following a product range review, Aldermore will be withdrawing their current standard Residential and Buy to Let Mortgage product ranges at 9am on Monday 22nd October.Revised Residential and Buy to Let valuation fee scales will also apply to the new standard product range from 9am on Monday 22nd October. To secure withdrawn products: Login at www.aldermore-mortgages.co.uk/broker to submit a new DIP or progress an existing application. Please ensure that all DIPs are taken to a status of 'DIP KFI Produced' by 9am on Monday 22nd October. Don't forget to choose AToM as your payment route. To download the latest rates, CLICK HERE |
| 16/10/12 - AToM added to InterBay Commercial distribution panel |
InterBay Commercial have returned to the market and AToM are one of a limited few who can distribute their new products.See literature for product guide. Property types include - Semi-commercial / Retail / Modern industrial and warehouse Offices / Industrial / Cafes and restaurants Guesthouse and small hotels / Buy to lets / Holiday lets Houses in multiple occupation (HMOs) Call us to find out more |
| 11/10/12 - BM Soutions Changing rates |
From Friday 12th October, BM will be changing selected rates and extending end-dates on their Buy to Let, Product Transfer and Further Advance product ranges. Please ensure any applications on existing product codes are keyed before 8pm tonight (Thursday 11th October). |
| 03/10/12 - Platform increase BTL rates |
From Monday 8th, Platforms Buy to Let Fixed and Tracker rates will be increased by 40bps to 50bps.To secure current rates, full apps need to be submitted by Friday 5th October at 5pm. |
| 03/10/12 - Access Aldermore via AToM |
AToM can now offer Aldermore’s Residential and Commercial product offerings. To access the Residential side, please log on to the Aldermore website and choose AToM as the payment route. For the Commercial side, please ring AToM to discuss your enquiry. Aldermore has a fantastic name in the market and we look forward to working closely with them. |
| 03/10/12 - MBS temporarily not accepting new business |
MBS Lending has temporarily stopped accepting new business whilst they catch up on current business volumes.All accepted DIPS and current cases will be honored. Please ensure AToM is in receipt of the full application by Friday 5th October in order for us to meet pipeline deadlines. |
| 01/10/12 - MBS Lending withdraw products |
Please note that MBS Lending's Near Prime, Light Adverse and Medium Adverse products have been withdrawn with immediate effect. No replacement products will be issued at this time.If you wish to submit any cases on these products which have already been DIP-ed and accepted, please forward to AToM by FRIDAY 5th OCTOBER. The Near Prime Extra and Near Prime Plus products are still available and are unchanged. |
| 28/9/12 - AToM Short Term Lending update |
See how AToM can help you and your customers with our latest Short Term lending update.We cater for a wide variety of circumstances with a number of lenders and limited distribution products. CLICK HERE to download a copy |
| 24/09/12 - Platform make changes |
With effect from 24th September Platform will be making the following changes to the defaults section of their lending policy:Mainstream or Buy to let: Platform will not accept defaults totalling in excess of £100 per applicant registered within the last 6 years Non conforming: Platform will not accept any defaults registered within the last 12 months. Any defaults registered against the applicants will also be taken into account as part of the credit scoring process. Signed declaration changes With effect from 24th September Platform will be changing requirements for signed documentation. They will no longer require the entire completed signed application form. Instead they will only require the completed declaration page found at the end of the application. They also no longer require an original signature to be able to release funds for completion. The intermediary will still be required to provide the applicant(s) with the full pre-filled application form to allow them to check the accuracy of the data keyed. |
| 19/09/12 - The AToM Retirement Mortgage |
The 'AToM Retirement Mortgage’ is a product designed to assist those already in retirement who are looking to raise funds on their property, but not take out an ‘Equity Release’ mortgage. It can also be used for purchases. Each enquiry is manually assessed and the lender has the ability to think ‘outside the box’ and assess each case on it’s merits, including LTV, affordability and credit history.- 5.74% variable - Can be on an Interest Only basis - ERCs in first year only - max LTV is 50% and maximum loan size is £350k. - there must be equity remaining of £150k at completion - Income must be provable (whether earned, pension, rental, investment, etc) and the loan must be affordable within normal income multiples. Income support from immediate family members can be considered. - Customers must be owner occupiers. - Minimum age is 65 - £299 application fee and £1,495 completion fee (added within LTV max) Family members are to be informed by solicitors of the details of the transaction. Applicants are responsible for normal valuation fees. A standard Legal fees package is available at £370 on remortgages (T&Cs apply). Applications are reviewed on a case by case basis and therefore any additional information to positively support the application will be considered. Properties in England and Wales only. To discuss an enquiry, please speak to the AToM sales team or send us a DIP. |
| 17/09/12 - Revised Exclusives from Precise |
Following last weeks LIBOR changes, Precise have updated the AToM exclusive product offerings - - 85% Near Prime Residential now from 6.49% fixed - 75% Near Prime Residential from 5.59% fixed - 65% Near Prime Buy to Let from 6.94% fixed Full product sheets available in Lenders literature |
| 13/09/12 - Precise Reduce LIBOR rate |
Please note that Precise have reset their LIBOR rate from 1.00% to 0.67%, the new rate takes effect from today. New Rate guides available in Lenders Literature |
| 12/09/12 - Please vote for AToM! |
Like what we do? We’d be really grateful if you could vote for AToM in the ‘Best Specialist Distributor’ category please for the Mortgage Strategy Awards 2013. CLICK HERE TO VOTE Thank you in advance! |
| 10/09/12 - GE issue new Application Form |
GE have simplified the mortgage application form for ease of both intermediary and customer completion with the streamlining or removal of certain sections.The new application form can be downloaded from the lenders literature section. |
| 06/09/12 - Shawbrook launch products through a limited few |
AToM are delighted to have been selected for the strategic partner programme based on the particularly high quality of applications presented to Shawbrook. The programme has a clear set of criteria against which strategic partners are measured, including the level of conversion rates achieved on initial submissions and ultimate conversion to successful loan completion. The announcement coincides with the release of 13 tailored loan products which each of the strategic partners will have access to ahead of Shawbrook’s wider network of broker partners. The products cover a range of sectors, including residential investment property, commercial investment property and trading businesses. Click here for the quick reference guide or see Lenders Literature for more information. |
| 31/08/12 - New GE Money Rate Card |
GE Money are introducing a new streamlined product range -3612 - on Friday 31st that will facilitate faster decisioning. The LTM2 plan was previously a referral plan and has now been updated to provide an automated up front decision, using defined credit profile criteria. At the same time, the GEM3 product is being withdrawn and will not be replaced The normal pipeline rules will apply to managing pipeline business. Here are the key dates you need to manage to: · All IDOL DIPs must be completed by 5.30pm on Thursday 30 August 2012 · GE Money must be in receipt of all fully packaged applications for the 3012 range in their office by close of business on Friday 21 September 2012 · All packs will require any outstanding needs to be received by GE Money from us by close of business on Wednesday 17 October 2012 in order to be offered by close of business on Friday 19 October 2012. · Any subsequent re-offer will be on the 3612 terms · All cases offered on the 3012 range or previous will be honoured on those terms. · There will be no exception to these rules Please contact the AToM Sales Team should you have any queries |
| 31/08/12 - TMW BTL Criteria Update |
With effect from Tuesday 4 September 2012, TMW will be making the following changes to their Buy to Let lending criteria:Regulated Buy to Let - regulated BTL applications where a property will be occupied by a member of the borrower's immediate family will no longer be accepted. Vendor Family Sales - the option for clients to buy a property from a relative will be withdrawn. Let to Buy – along with First Time Landlords (FTL), experienced landlords remortgaging their existing residential property as a BTL will now be required to select a product from the LTB product range. First Time Landlords (FTLs) – all FTLs purchasing a Buy to Let property will now be required to choose a product from the FTL range (currently, a FTL with an LTV up to 65% LTV, can select from the core BTL range). Please note there are no other changes to any of their products. An updated version of TMWs lending criteria will be available from 9am Tuesday 4 September 2012. Securing current products You can secure any of the current products available via TMW Online or TMW MTE by completing a DIP before 1pm 3 September 2012. Any DIPs must be progressed to full mortgage application by 8pm 3 September 2012. |
| 30/08/12 - BMS House 2 House withdrawn |
From Friday 31st August, we will be making changes to our Buy to Let product range. Please note, as a result of these changes selected product codes will be withdrawn. Please ensure any applications on existing product codes are keyed before 8pm tonight (Thursday 30th August). Our House 2 House product range is being removed From Friday 31st August, BM Solutions House 2 House product range will no longer be available for new mortgage applications. They will continue to offer House 2 House products to existing customers within their Product Transfer and Further Advance range. In order to secure the current products, please ensure any pipeline applications on the existing product codes are submitted in full before 8pm tonight (Thursday 30th August). |
| 17/08/12 - Aldermore join the AToM panel of lenders |
AToM are delighted to add Aldermore Residential and Aldermore Commercial to our panel of lenders!More to follow.. |
| 16/08/12 - BM make changes |
On Friday 17th August, BM will be making changes to their Buy to Let product range. To prepare for these changes, selected product codes will be withdrawn.In order to secure any of the current products please ensure applications on the existing product codes are submitted in full before 8pm tonight (Thursday 16th August). |
| 06/08/12 - Bridging Semi Exclusive |
Precise have launched an exclusive bridging product to their premier partners for a LIMITED TIME only - - Loan size: £1m - £7.5m - Interest rate: 0.85% per month on all LTV's - Arrangement Fee: 2% - Procuration fee: up to 1.30% - Product Type: Standard Bridging and Light Refurbishment available for both regulated and non-regulated deals. - Term: 3 months minimum - 18 months maximum Don't delay submit a case today; this product has been limited to a maximum tranche of £10m! For an instant decision or to discuss your bridging case with one of our experts call the AToM sales team |
| 01/08/12 - AToM launch exclusives from Precise Mortgages |
AToM are delighted to be launching some Near Prime Residential and Near Prime BTL products from Precise Mortgages.Highlights - Near Prime, fixed for 3 months longer and 0.2% cheaper than core range. BTL Near Prime, max loan £500k (normally £300k), fixed for 3 months longer and 0.1% cheaper than core range. Call AToM for more information, or send us a DIP. Download the product guide CLICK HERE |
| 20/07/12 - GE Moneys new rate card |
GE Money have updated their rate card.| 19/07/12 - Client's had a DMP? |
Client's had a Debt Management Plan or Arrangement to Pay? AToM has successfully placed a number of cases recently with these scenarios. Call the AToM sales team to find out more or to discuss an enquiry. |
| 17/07/12 - TMW make changes |
With effect from Wednesday 18 July, TMW will be making the following changes to their product ranges:• End dates extended on all BTL and Guarantor products • Guarantor tracker rates increased by 0.10%. Please note no other products will be affected by this change. |
| 16/07/12 - GE make changes to Interest Only |
GE Money are making the following changesInterest Only Maximum LTV - Current 75% - NEW 60% Part and Part Maximum LTV - Current 80% - NEW 75% Interest Only loading - Current 0.40% - NEW 0.60% Part and Part loading - Current n/a - NEW 0.20% Maximum Term (Interest Only)- Current 35 years - NEW 30 years Here are the key dates you need to secure the current range: • All DIPs must be completed by AToM by 5.30pm on Wednesday 18/7/12 > (AToM require DIPs via our website by 4.30pm latest). • AToM must submit fully packaged applications to GE Money by close of business on Friday 3rd August 2012 > (AToM require full Apps by Weds 25th July latest). • All packs that have been submitted on the 2212 range will require any outstanding needs to be delivered by AToM to GE by close of business on Wednesday 22nd August 2012 in order to be offered by close of business on Friday 24th August 2012 • Any subsequent re-offer will be on the new range terms There will be no exception to these rules Call the AToM team for more information or to discuss a case. |
| 06/07/12 - Precise launch Near Prime BTL & more.. |
Precise Mortgages have launched a range of new products - NEAR PRIME BTLs - up to 70% LTV (decreases depending on status) - rates from 5.44 - up to 2 Defaults in 24 (none in 12) to £5k, 1 CCJ (none in 12) to £2.5k and 1 missed mortgage payment in last 36 months (none in 12). PACKAGER EXCLUSIVES AToM is delighted to offer Precises new range of Near Prime Packager exclusive products: - Fixed rates from 5.59% - Up to 75% LTV - some products with refund of val and £250 cash back - up to 2 Defaults in 24 (0-12 £1,500, >12 Unlimited - up to 1 CCJ in 24 months, max £2,500 - 1 missed mortgage payment in 12 (3 in 36) LARGE LOANS - Up to £500k, 75% LTV, Up to £1m, 65% LTV - 2 Defaults in 24 (0-12 £1,500, >12 Unlimited) - 1 CCJ in 24 months, max £2,500 - Missed Mortgage Payment, 1 in 12 (3 in 36). - Rates from 5.59%. OTHER CRITERIA CHANGES - First Time Buyers are now allowed as a secondary borrower (not main income earner) - Self Employed 2 years with 1 years accounts now considered. - BTL borrowers now considered to age 70 at end of term. - Prime BTL up to 80%, max 3 with Precise and 20 with other lenders subject to T&Cs PROC FEE 0.5% from AToM Product guides to follow.. We have the full criteria, so please call the AToM sales team to discuss any enquries. |
| 04/07/12 - Precise make changes |
On Friday 6th July 2012, Precise will be replacing their existing buy to let and near prime home owner ranges. The AToM Exclusive 85% product will also be withdrawn. In order to secure a product for submission, you must ensure you obtain a full decision KFI and progress to application prior to close of business via AToM on Thursday 5th July 2012. The last application date for the current range is close of business on Friday 27th July 2012. |
| 04/07/2012 - Bank of China Increase Rate |
Due to the huge popularity of Bank of Chinas residential mortgage rate, and to control service levels, the residential rate has been increased to 2.68% above base rate with immediate effect (3.18%). BOC apologise for the short notice and any inconvenience caused.
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| 27/06/12 - Bank of China Service Levels |
Please note that BOC are currently experiencing high volumes of business and as a result:- Loans under £200k are taking up to 4 weeks for the offer letter to be produced - Loans over £200k are taking up to 12 weeks for the offer letter to be produced Please bare with us as this is out of AToM's control. |
| 26/06/12 - Precise / AToM exclusive on 'Product Watch' |
AToM's Exclusive with Precise has been moved to 'product watch' status, meaning funds are nearly utilised and this could be withdrawn at any time.Product details - The Rex 08 product caters for 1 default in last 24 months up to £1k, 1 CCJ up to £750 and offers a 6.54% fixed rate at 85% LTV. To view the product details CLICK HERE Note - Not available to FTBs or non homeowners in excess of 18mths. England, Scotland and Wales only. Use it BEFORE IT'S GONE! |
| 21/06/12 - Paralympic Star presents awards |
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The sporting achievements of 21 young sports people were celebrated last week with special guest, Sophia Warner, Paralympic sprint champion, presenting the Awards as well as giving an inspirational talk. Sophia hopes to appear in this years events.Set4Success supports young talented sportspeople from the Horsham District to achieve their potential. S4S has been set up by a partnership between The Rotary Club of Horsham, Horsham District Council, local businesses and District Schools. AToM are delighted to be a founding business sponsor of this charity. Patrons include Chris Nash, Gemma Spofforth, Sarah-Jane Honeywell, Dave Benson-Philips and more! To find out about S4S visit www.set4success.org . For more pictures of the event Click here |
| 20/06/12 - Platform withdrawals |
Platform will be withdrawing the following Buy to Let products with effect from 5pm Friday 22 June. All other products will remain unchanged. Buy to Let • 2 year tracker B233 withdrawn • 2 year tracker B240 withdrawn • 2 year tracker L17 withdrawn Products will be withdrawn from all sourcing systems at 5pm Thursday 21 June. Applications must be received at Platform by 5pm Friday 22 June, with a clickdecision. |
| 19/06/12 - Bank of China product changes |
Bank of China have made the following changes- Residential rate has increased with immediate effect to 2.48% + BBR (was 2.30% + BBR) - Minimum loan size is now £50,000 (was £35,000) - this applies to all Bank of China (UK) mortgages including Buy to Let and Commercial |
| 12/06/12 - Precise LIBOR change |
Please note that today Precise have reduced their LIBOR rate from 1.04 % to 1.00%. The new rate will take effect from midnight on 12th June 2012 and is applicable to all products in their core and exclusive Near Prime Home Owner ranges, as well as their BTL core range.
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| 06/06/12 - Platform withdrawals |
Platform will be withdrawing the following Buy to Let products with effect from 5pm Friday 8 June. All other products will remain unchanged. Buy to Let - 2 year fixed B226 withdrawn - 2 year fixed B227 withdrawn - 2 year fixed B229 withdrawn - 1 year tracker B231 withdrawn - 2 year tracker B238 withdrawn - 1 year tracker L16 withdrawn Pipeline deadlines Products will be withdrawn from all sourcing systems at 5pm Friday 8 June. |
| 24/05/12 - Omni Capital choose AToM |
AToM (All Types of Mortgages Ltd), the award-winning specialist mortgage packager and distributor, is pleased to announce its appointment as a Preferred Partner of Omni Capital, the Knightsbridge-based short-term and bridging lender. As a Preferred Partner, AToM is now able to offer its brokers immediate and direct access to Omni Capital’s comprehensive range of first- and second-charge short-term plans. Dale Jannels, managing director of AToM, said: “We’re really pleased that Omni Capital has chosen AToM to promote their superb product offerings. Their team is well known and respected in all areas of the industry and bring with them a wealth of experience and expertise. The Short Term lending arena is moving at a fast pace and Omni Capital are at the forefront. Their ‘can do’ attitude and ability to think outside the box fits perfectly within the AToM Premier Bridging offerings. “ Colin Sanders, chief executive officer of Omni Capital, added: “The AToM brand is one of the most instantly-recognisable and respected among UK intermediary firms. With a pedigree and innovative track-record stretching back through the most tumultuous period in lending history, AToM remains at the very front of its game. “Ever-alert to the best new opportunities, AToM’s strategic partnership with Omni Capital enables it to provide clients and introducers with a broader choice of alternative, flexible borrowing solutions. With other parts of the market still in deep-freeze – and likely to remain so – AToM’s customers continue to be well-served.” For more information or to discuss an enquiry, please call us or submit an enquiry via our 'bridging' page. |
| 18/05/12 - Platform reduce BTL rates |
Platform will be reducing selected Buy to Let rates with effect from Tuesday 22 May.Product changes - Buy to Let • 2 year tracker B232 & B234 reduced by 0.20% • 2 year tracker B235 reduced by up to 0.40% All other products remain unchanged. |
| 17/05/12 - GE Money Service Update |
Due to huge volumes of business, GE Money are currently working approx 10 days behind. This means that new cases submitted by AToM to GE, will not be looked at for nearly two weeks. Additional items/post are being dealt with in the order they are received. We will keep you updated as further updates are received. Please be advised that AToM are doing everything we can to assist with processing cases quickly and chasing cases daily but we are restricted to the above. |
| 14/05/12 - Chain Break Finance |
Purpose – allows client to purchase whilst still trying to sell propertyWhen the chain breaks or the customer has not yet sold their property but found one they have fallen in love with, bridging finance may enable them to complete on the purchase before they have sold their existing property. |
| 04/05/12 - Revised Terms on the AToM Retirement Mortgage |
We are pleased to announce revised terms on the 'AToM Retirement Mortgage’. A product designed to assist those already in retirement who are looking to raise funds on their property, but not take out an ‘Equity Release’ mortgage. Each enquiry is manually assessed and the lender has the ability to think ‘outside the box’ and assess each case on it’s merits, including LTV, affordability and credit history.The rate is 5.74% variable and can be on an Interest Only basis up to 25 years. ERCs in first year only. The maximum LTV is now 50% and to an increased maximum loan size of £350k. There must be equity remaining of £150k at completion. Income must be provable (whether earned, pension, rental, investment, etc) and the loan must be affordable within normal income multiples. Customers must be owner occupiers. Income support from immediate family members can be considered. Minimum age is 65 and family members are to be informed by solicitors of the details of the transaction. There is a £299 application fee and a £1,495 lender fee added on completion. Applicants are responsible for normal valuation fees. A standard Legal fees package is available at £370 all inclusive on remortgages (T&Cs apply). Applications are reviewed on a case by case basis and therefore any additional information to positively support the application will be considered. Properties in England and Wales only. To discuss an enquiry, please speak to the AToM sales team or send us a DIP. |
| 03/05/12 - Platform make changes |
Platform will be making changes tomorrow (Friday 4th May):Almost Prime - withdrawal of interest only option. Almost Prime - 1 year tracker exclusive A36 withdrawn - 2 year fixed exclusive A39 withdrawn Buy to Let rate changes - 2 year tracker B213 reduced by 0.10% up to 65% LTV, increased by 0.10% up to 70% LTV and increased by 0.20% at 75% LTV - 2 year tracker B214 reduced by 0.10% at all LTVs - 2 year fixed B223 reduced by 0.10% up to 60% LTV and 0.20% up to 65% LTV - Let to Buy 2 year tracker L13 reduced by 0.10% at all LTVs - Let to Buy 2 year fixed L14 withdrawn - Let to Buy 2 year fixed launched with 2.5% arrangement fee Buy to Lets can still be placed on an interest only basis. Securing current products If you would like to secure any of the current products being withdrawn: Please ensure all DIPs are completed via AToM by 5pm Friday 4th May 2012, therefore please submit DIPS ASAP. Products will be withdrawn after this time. DIPS can be submitted via the AToM website or faxed to 01403 211 200. There will be no exceptions to these timescales. Call AToM now! |
| 02/05/12 - Precise 85% exclusive Near Prime product |
AToM are delighted to offer a Near Prime 85% exclusive product with Precise.The Rex 08 product caters for 1 default in last 24 months up to £1k, 1 CCJ up to £750 and offers a 6.54% fixed rate at 85% LTV. To view the product details CLICK HERE Note - Not available to FTBs or non homeowners in excess of 18mths. England, Scotland and Wales only. |
| 02/05/12 - TMW changes |
New and improved BTL products launching tomorrow2 year fixed rates starting from 3.39%. With effect from 3 May 2012 TMW will be launching new 2 year fixed BTL products and improving selected rates by up to 0.25%. New Products • 3.39% BTL 2 year fixed, up to 60% LTV, 3.50% product fee • 4.99% BTL 2 year fixed, up to 75% LTV, 1.50% product fee • 4.99% BTL 2 year fixed, up to 80% LTV, 3.50% product fee • 5.49% BTL 2 year fixed, up to 80% LTV, 2.50% product fee • Lifetime Variable at 4.99%, up to 75% LTV, 2% product fee Key Changes • Selected 2 year fixed rates at 75% LTV reduced by up to 0.25% Withdrawals • B01242 1 year fixed at 4.49%, up to 75% LTV, 2.50% product fee • B22314 2 year fixed at 5.89%, up to 80% LTV, 2% product fee • B08040 Lifetime Variable rate at 4.99%, up to 65% LTV, 1.75% product fee Securing current products You can secure any of the current products available via TMW Online or TMW MTE by completing a DIP before 1pm 2 May 2012. Any DIPs must be progressed to full mortgage application by 8pm 2 May 2012. |
| 01/05/12 - Please register your vote |
It's that time of the year where we would greatly appreciate a few moments of your time!This is your chance to cast your vote - British Mortgage Awards - Specialist Distributor Leader of the year - Please vote for AToM MD, Dale Jannels - VOTE HERE. Closes Friday 18th May Thank you in advance |
| 27/04/12 - Bank of China Withdrawal & Launch |
Bank of China have just withdrawn their Private Banking Mortgage Product from the market. This was the 2% above BoE base rate product. The 2.30% + BoE BR remains in place Lending to Limited Company Buy to Lets is now under a separate new product at 4.38% above BoE base rate. Download latest product guide - CLICK HERE Call AToM for more details |
| 19/04/12 - TMW Launching new BTL products |
TMW will be launching some new products tomorrow (20/4/12):New ERC free 1 year trackers o 3.64% (BBR+3.14%) up to 65% LTV (3.50% fee) o 3.99% (BBR+3.49%) up to 75% LTV (3.50% fee) New 2 year tracker with £1000 cashback o 3.99% (BBR+3.49%) up to 65% LTV (3.50% fee) New 2 year fixed rates o 4.64% up to 65% LTV (£2,999 fee) o 4.89% up to 75% LTV (£2,999 fee) Selected 2 year rates reduced by up to 0.25% o Rates up to 65% LTV starting from 3.49%, up to 75% LTV from 3.74%, up to 80% LTV from 5.89% End dates extended on all products Please choose AToM as your introductory source/payment route when dealing direct with TMW. |
| 16/04/12 - GE Money new application form |
GE Money's application form can now be completed on screen and printed for just the customers signatures.Please click here to download the new form |
| 04/04/12 - Platform reduce rate |
Platform are pleased to announce they have reduced the rates on their Buy to Let 2 year fixed with £2,450 arrangment fee with effect from today Wednesday 4 April. Buy to Let B218 2 year fixed 3.69% up to 60% LTV, 3.89% up to 65% LTV, 4.29% up to 70% LTV, 4.69% up to 75% LTV £2,450 arrangement fee £89 non-refundable administration fee (n/a when through AToM) Free valuation† for purchase and remortgage Free Standard Legals for remortgage ERC - 3% of the amount redeemed until 30 April 2013, 2% of the amount redeemed until 30 April 2014 |
| 02/04/12 - Cheshire amend plans |
The Blemain group have made some amendments to their offerings: • Cheshire Mortgage Corporation Secured arrears requirements on Plan CM:04 revised 'Out of Plan Assistance' form simplified • Blemain Finance Loan amounts on Larger Loan Heavy Plans TRH:03L and TRH:04L revised New 'Multiple Declaration Statement' - many declarations combined on one form and clearer for the customer 'Out of Plan Assistance' form simplified Additional acceptable accounting body added to the 'Accountant's Certificate' Affordability Assessment Form required for CCA and CCA Business Exempt loans • Lancashire Mortgage Corporation Interest Only Commercial Term loans available up to 10 years New 'Accountant's Reference' - for simpler completion and clarity for proof of income See the new Cheshire product guide under Lenders Literature |
| 29/03/12 - Bank Of China |
Bank of China offer some superb products on residential and buy to lets and now offer loans up to £10m!Highlights include a FTB Buy to Let. For details of the current products - PLEASE CLICK HERE For a dip form - PLEASE CLICK HERE |
| 28/03/12 - Precise onsite and 1.5% Proc Fee on STL |
AToM has Roger Morris Sales Director and Gareth Lewis Head of Sales from Precise Mortgages onsite all day today (Weds 28/3/12) to speak with you about your Near Prime residential mortgages and Short Term Lending (STL) enquiries.PLUS on STL, for all Precise enquiries placed today, AToM will pay a superb 1.5% proc fee!! CALL US NOW! ALSO, if you are located in the Horsham/West Sussex area and are free from 6.30pm - 8.30pm tonight, come and listen to a presentation from Precise on - Saving the property chain with 'Chain Break Finance’ - Why to use Bridging / ‘Short Term Lending’ IT’S FREE TO ATTEND..and you get to meet the AToM team! We look forward to meeting you. |
| 28/03/12 - Precise new Near Prime Products |
Precise Mortgages has launched a new and improved Near Prime Home Owner range. The new range includes 2 year trackers and 2, 3 and 5 year fixes with reduced rates to help your near prime customers. Highlights from the new range include; 2 year trackers with rates from 4.94% and LTVs up to 80% 2, 3 and 5 year fixes with rates from 5.14% and LTVs up to 80% Some products offer £250 Cashback, free or refund of Standard Valuation and Assessment fees (maximum £410) Criteria to help your near prime customers... CCJs up to £2,500 are accepted Previous Mortgage Arrears are considered Defaults up to £5,000 are accepted Defaults and CCJs older than 24 months are not counted ** Don't forget AToM has an 85% Exclusive ** CLICK HERE! For further information call the AToM Sales |
| 26/03/12 - Precise make changes to Near Prime |
On Wednesday 28th March 2012 Precise will be replacing their complete core Near Prime Home Owner range. The last application date for the current range is close of business Friday 13th April 2012. In order to secure a product for submission, AToM must ensure case has a full decision KFI and progress into application prior to midnight on 27th March 2012. Look out for the new range details on Wednesday 28th March |
| 20/03/12 - AToM STL Lender Day |
On Wednesday 28th March, AToM will have lender specialists in house to assist with your Bridging / Chain Break Finance / Short Term Lending enquiries. Either call us on the normal number or we can call you at a specified time. Just email service@atomltd.co.uk with your preferred time.If you're in the West Sussex area, on 28th March, we can go one step further and invite you to a 6.30pm Presentation by Roger Morris from Precise Mortgages in a Horsham location. Limited places, so book yours now by emailing dale@atomltd.co.uk who will send you further information. |
| 20/03/12 - Platform product changes |
In order to maintain their service levels Platform will be making the following changes to their product range. To secure access to the withdrawn products clickdecisions and kfis must be completed by 5pm Tuesday 20 March and applications submitted by 5pm Thursday 22 March.Product changes • 2 year fixed B202 to be increased by 0.10% • 2 year fixed B200 and L9 to be increased by 0.20% at 70% and 75% LTV • 2 year fixed with 1% cashback launched • Options 2 year tracker B192 and 3 year tracker B193 to be withdrawn • 1 year tracker B186 and L6 to be increased by 0.20% • 2 year tracker L10 to be increased by 0.40% at 60% LTV and 0.20% up to 75% LTV • 2 year tracker with 2.5% fee launched • 2 year tracker with £2,450 fee launched • All Premier products withdrawn and replaced with products with £2,450 arrangement fee |
| 15/03/12 - MBS Lending revise product range |
MBS have revised products and they now have a 24 months discount or loading period before reverting to their SVR for the remaining term. The loadings on the Near Prime, Light Adverse and Medium Adverse products have been reduced by 0.25% and they will also be offering £250 cashback on all completed cases. LTV limits, adverse criteria and fees are unchanged. For the full product guide, please Click Here |
| 12/03/12 - The AToM Retirement Mortgage |
We have teamed up with one of our Complex Prime lenders and are pleased to launch the ‘AToM Retirement Mortgage’. A new product designed to assist those already in retirement who are looking to raise funds on their property, but not take out an ‘Equity Release’ mortgage. Each enquiry is manually assessed and the lender has the ability to think ‘outside the box’ and assess each case on it’s merits, including LTV, affordability and credit history.The rate is 5.74% variable and can be on an Interest Only basis over a 10 year renewable term. ERCs in first year only. The maximum LTV is 40% and to a maximum loan size of £250k. This may be negotiable for the right case, although the LTV is not. There must be equity remaining of £150k at completion. Income must be provable (whether earned, pension, rental, investment, etc) and the loan must be affordable within normal income multiples. Customers must be owner occupiers. Income suport from immediate family members can be considered. Minimum age is 65 and family members are to be informed by solicitors of the details of the transaction. There is a £299 application fee and a £1,495 lender fee added on completion. Applicants are responsible for normal valuation fees. A standard Legal fees package is available at £370 all inclusive on remortgages (T&Cs apply). Applications are reviewed on a case by case basis and therefore any additional information to positively support the application will be considered. Properties in England and Wales only. To discuss an enquiry, please speak to the AToM sales team or send us a DIP. |
| 09/03/12 - MBS Lending join the AToM panel of Lenders |
We are delighted that MBS Lending have joined the AToM lender panel.The latest product guide is available by clicking here. Speak to AToM for our competitive proc fees. More to follow.. |
| 09/03/12 - Platform withdrawals tonight |
Platform will be withdrawing some Buy to Let products this evening - - 2 year fixed B201, - 2 year tracker B203 - 2 year tracker B204. DIP by 5pm tonight (9/2/12). Full applications to be submitted by 5pm Tuesday 13th March |
| 08/03/12 - GE make changes to criteria |
With GE Money, from Friday 9 March 2012, new customers will have the option to repay their mortgage on a Part & Part basis, as well as being also to choose from Capital Repayment or Interest Only Repayment methods.As well as offering more flexibility, this addition enables customers to: • Borrow up to 80% LTV on a Part and Part basis • Choose the split between Capital Repayment and Interest Only (20% minimum on Capital Repayment required) • Avoid 0.40% loading applied to Interest Only rates • Repay part of the capital on the loan. However, please ensure that an appropriate repayment vehicle is in place to repay the interest only element To see the new product guides, please click here and log in. |
| 05/03/12 - Platform launch new products |
Platform announce the launch of some new 75% LTV BTL products with effect from today Monday 5 March. Let to Buy available up to 75% LTV - 2 year tracker L10 - 4.29% (BBR** + 3.79%) Buy to Let available up to 75% LTV - 2 year fixed B202 - 4.79% - 2 year tracker B203 - 4.09% (BBR** + 3.59%) 2.5% arrangement fee - 2 year tracker B204 - 4.19% (BBR** + 3.69%) £2,450 arrangement fee Please send a DIP to AToM for these products |
| 29/02/12 - AToM at the 'Mortgage Oscars' |
AToM were thrilled to be nominated in a number of categories at this years Mortgage Strategy Awards.Best Mortgage Distributor - 3rd place (behind L&G and PMS!) Best Specialist Broker/Distributor - Runner Up! The highlight of our evening was John Malone (CEO PMS)presenting AToM's Group Executive Chairman, Vic Jannels the Lifetime Achievement Award. The event was held at the Grosvenor Hotel, Park Lane and circa 1,000 people were in attendance. Thank you to all who voted for AToM! Thanks for a great night Mortgage Strategy and well done Vic! |
| 27/02/12 - Interest Only to 75% LTV |
With all the recent headlines regarding Interest Only, some lenders still offer 75% LTV.GE Money will consider - - Purchase, Remortgage, FTB and Transfer of Equity applicants. - Employed or Self Employed - Rates from 4.69% - Adverse considered To download the latest product guide, Click Here |
| 22/02/12 - TMW make changes |
TMW will be making changes to their product ranges - • Selected BTL 2 year tracker rates increased by 0.15% • BTL 2 year tracker at 3.99%, up to 65% LTV withdrawn • Selected Guarantor products reduced by 0.05% • All end dates extended You can secure any of the current products available via TMW Online by completing a DIP before 1pm 22 February 2012. Any DIPs must be progressed to full mortgage application by 8pm 22 February 2012. |
| 17/02/12 - Precise 85% Exclusive |
AToM are delighted to offer a Near Prime 85% exclusive product with Precise.The Rex 08 product caters for 1 default in last 24 months up to £1k, 1 CCJ up to £750 and offers a 6.54% fixed rate at 85% LTV. To view the product CLICK HERE |
| 14/02/12 - AToM launch 'Premier Bridging' offering |
AToM Premier Bridging’ is a new service offering to intermediaries who require assistance in the Bridging/Short Term Lending(STL) arena. We are providing an opportunity for intermediaries to instruct AToM to deal directly with customers to guide them through the plethora of Bridging/STL offerings and process in the knowledge that AToM will seek out the right deal to match the customer's specific requirements. In handing cases off, this opportunity can create a potentially lucrative income stream, whilst at the same time, leaving you to concentrate on other business opportunities. We understand the need to respect the relationship that you have built up with your customers and we continue, unreservedly, to offer a 100% no cross sell guarantee. AToM’s qualified staff will liaise directly with the customer, guide them through the various STL offerings and process their application through to completion. The intermediary will receive a competitive introductory fee when the case has completed. Let’s work together on Bridging/Short Term Lending. Send us an enquiry form by clicking here |
| 13/02/12 - Platform reduce rates! |
Platform will be making the following changes to their product range with effect from 5pm Wednesday 15 February. Buy to Let • All 2 year fixed rates reduced by 0.20% |
| 13/02/12 - Have your say! |
It's that time of the year where we would greatly appreciate a few moments of your time!This is your chance to cast your vote - MYintroducer.com - Packager of the Year 2012 - Please vote for AToM VOTE HERE. * CLOSES FRIDAY 23RD MARCH * British Mortgage Awards - Specialist Distributor Leader of the year - Please vote for AToM MD, Dale Jannels - VOTE HERE. Closes Friday 18th May Thank you in advance |
| 10/02/12 - Precise 85% product changes |
Precise will be withdrawing the REX 06 and 07 products at 85% LTV on Monday 13th February at 5pm. The last day for AToM to complete submission of an application will be the 17th February at 5pm. In order to secure the rate, AToM must ensure a full decision KFI has been obtained and the case has progressed into application prior to 5pm on Monday the 13th February. NOTE - REX 08, the AToM EXCLUSIVE will remain (rate 6.54%) View Current range - Click Here |
| 07/02/12 - BM Solutions change rates |
On Wednesday 8th February, BM will be making changes to their Buy to Let product range. To prepare for these changes, selected product codes will be withdrawn.To secure current products, please ensure any applications on existing codes are submitted in full before 8pm tonight (Tuesday 7th February). |
| 30/1/12 - AToM EXCLUSIVE with Precise |
AToM are delighted to be allocated a TRUE EXCLUSIVE product by Precise Mortgages.The 85% LTV product has a starting rate of just 6.54% and allows 1 default in the last 24 months (0 in last 3) up to £1k, 1 CCJ up to £750 and 1 missed mortgage payment (0 in last 12). The more adverse range at 8.44% and allows 2 defaults in the last 24 months (0 in last 3) up to £5k, 1 CCJ up to £2,500 and 1 missed mortgage payment in the last 12, 3 in last 36 months. To download the AToM EXCLUSIVE 85% range CLICK HERE For the new Precise core range CICK HERE |
| 26/01/12 - Precise product changes |
On Monday 30th January 2012 Precise will be replacing their complete Near Prime Home Owner range.The last application date for the current range is close of business Friday 3rd February 2012. In order to secure a product for submission, you must ensure you obtain a full decision KFI and progress into application prior to midnight on 29th January 2012. Look out for the new range details on Monday 30th January, but in the meantime, please contact AToM asap to process any cases on the existing range. |
| 20/01/12 - Complex Prime |
Complex Prime can be used for many scenarios. No two cases are the same! A large percentage of applications are declined by lenders using their 'black box' decisioning systems. They are often first class applications which fail simply because of lenders credit scoring criteria which often seem stupifyingly senseless, turning away customers who are undoubtedly credit worthy. AToM can help. We have access to many lenders who do not credit score and who have an appetite to lend. Mostly, clean credit, although recently we have placed customer who are on Debt Management Plans, or who have had minor or historic adverse. Must be able to prove affordability. To find out more on AToM Complex Prime, please call us. |
| 19/01/12 - GE Moneys new rate card |
To download GE Money's new rate card, please Click here for the full guide Click Here for the one page guide |
| 18/1/12 - Platform Withdrawals |
Platform will be withdrawing all products with effect from 5pm Friday 20 January. New products will be available from Monday 23 January. Criteria/policy changes Buy to Let minimum income - one applicant must earn a minimum of £25,000. Buy to Let portfolio exposure We will accept a maximum portfolio exposure of 3 Buy to Let properties totalling £1.5m. If the customer also has their main residential mortgage with The Co-operative Group, total exposure including this residential loan must not exceed £2m. Product changes Buy to Let • All tracker rates increased • All fixed rates remain unchanged • All fixed rate end dates extended to 30 April Almost Prime • All rate remain unchanged • All fixed rate end dates extended to 30 April Pipeline deadlines All products will be withdrawn from our website and all sourcing systems at 5pm Friday 20 January. All applications must be received at Platform by 5pm Friday 20 January. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on our shopping list. |
| 18/01/12 - GE Money Change Rates |
GE Moneys rate card has been reviewed in line with the marketplace and increases ranging from 0.05% to 0.45% come into effect from Friday 20 January 2012. They also have been able to make minor reductions of 0.05% on a small number of products. The GE Mortgage Base Rate has also been increased by 0.5% to 4% to reflect the increase in funding costs. These changes will be effective from Friday 20 January 2012 and details of the new 0412 range can be downloaded below. • All IDOL DIPs must be completed by 5.30pm on Thursday 19 January 2012, by AToM • GE must receive fully packaged applications for the 5111 range in our office by close of business on Friday 3 February 2012 (AToM need ASAP) • All submissions must be offered by close of business on Friday 24 February 2012. • Any subsequent re-offers will be on the 0412 terms • All cases offered on the 5111 range or previous will be honoured on those terms. There will be NO EXCEPTIONS to these deadlines For New Rates - Click Here For Current Rates - Click Here |
| 09/01/12 - GE Moneys Best Overall Packager of 2011 |
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AToM is delighted to be awarded Best Overall Packager of 2011 for GE Money Home Lending.Dale Jannels, Managing Director at AToM said, "We are delighted to receive this award from GE Money and credit must go to the superb team we have at AToM. 2011 was a great year for the Specialist Lending arena and GE Money were exceptional in providing products to assist the increasing demand. Loyalty has been a major concern in the current climates, no dual pricing, limited distribution, etc and GE Money have shown both their staying power and trust in the Specialist Packagers to deliver volumes. The business is increasing and GE Money are delivering. 2012 will again show an increase in Specialist Lending volumes and we look forward to working closely with Mark and the GE Money team to achieve all goals.” Mark Snape, Sales Director at GE Money Home Lending added “GE has forged a strong and productive relationship with Dale, Vic and the AToM Team over a number of years. We decided to present several awards this year in recognition of the outstanding support we have received from AToM and the other Packagers for many years. AToM came out on top overall and the award is well deserved. We look forward to working with the AToM Team and enjoying more mutual success in 2012” Click here |
| 04/01/12 - Focus on GE Money |
GE Money have some superb product offerings:- Rates from 3.99% - Self Employed 2 yrs proof of income acceptable (1 year by referral), Accountants Certificate & SA302 acceptable - Generous Affordability - 80% LTV Repayment, 75% Interest Only - Adverse acceptable as per product guide. Download latest product guide by clicking here Send us a DIP for a soft footprint credit score. |
| 03/01/12 - Focus on Precise |
AToM are delighted to offer a semi-exclusive Near Prime 85% LTV product through Precise Mortgages.Product details allow for defaults, CCJs and missed mortgage payments, cater for the employed or self employed and LTVS to 85%. Not available to FTB. Min loan £70k, max £300k Download the product guide by clicking here and remember it's a SOFT FOOTPRINT DIP. |
| 21/12/11 - Shawbrook changes |
Shawbrook are making changes to their commercial proposition:Summary of key changes • Interest only option now available up to 70% LTV on residential investment only. • Minimum loan increased to £75k, and minimum property value increased to £100k. • Pricing on residential investment applications amended to 4.95% up to 70% LTV, and 5.55% on 75% LTV applications. • Commercial and semi-commercial property types combined and priced at 5.95% up to 75% LTV, and 6.55% on 71-75% LTV applications. • Margin loading for public houses increased to 0.5%. • Arrangement fee on investment applications increased to 2.5% with 0.25% paid upon acceptance of the offer and the remaining 2.25% added to the loan. (Please note this revised fee also applies to our larger loan investment deals as well as our short term loan product). Pipeline New plans apply to all new applications received from 23rd December onwards. • Any existing applications will need to have progressed to Indicative mortgage offer by January 12th. Those failing to do so will only be considered on the new product range. • Any current or subsequent indicative mortgage offers (valid for 14 days post issue) or formal offers expiring (valid for 14 days post issue or 3 months since acceptance) will only be re-issued on the new product range. Speak to AToM Commercial for more information. |
| 19/12/11 - AToMs Christmas Opening Hours |
AToM will be open throughout the festive period as follows:Fri 23rd Dec 9.00am - 2pm Sat 24th Dec - Closed Mon 26th/Tues 27th Dec - Closed Wed 28th Dec - 9am to 3pm Thu 29th Dec - 9am to 3pm Fri 30th Dec - 9am to 2pm Sat 31st Dec - Closed Mon 2nd Jan - Closed Tue 3rd Jan - Business as usual! |
| 19/12/11 - BM Product Withdrawals |
On Tuesday 20th December, BM will be making changes to their Buy to Let product range.To prepare for these changes, selected product codes will be withdrawn. To secure current products, please ensure any applications on existing codes are submitted in full before 8pm tonight (Monday 19th December). |
| 19/12/11 - Paragon withdraws all products |
Please note that Paragon will be delivering a new range of products early in the new year. Therefore the current range of Paragon and Mortgage Trust products will be withdrawn on 30th December 2011.In order to qualify for the current products, fully completed application forms will need to be received at Solihull, or in the case of Mortgage Trust input on line, by midday on the 30th December 2011. |
| 15/12/11 - Platform withdrawals |
Platform will be withdrawing the following products with effect from 5pm Thursday 15 December. All other products will remain unchanged.Buy to Let 2 year tracker B175 Buy to Let 2 year tracker B178 Mainstream 2 year tracker M73 All products will be withdrawn from their website and all sourcing systems at 5pm Thursday 15 December. All applications must be received at Platform by 5pm Friday 16 December. Applications must have a clickdecision. |
| 13/12/11 - TMW make changes |
TMW will be withdrawing some products and selected rates will be increased today. Product Withdrawals • B22182, 2 year fixed, 4.24%, 75% LTV • B03466, 3 year fixed, 5.64%, 80% LTV • LB0140, 1 year fixed, 3.54%, 75% LTV • LB0141, 1 year fixed, 3.94%, 75% LTV • LB0142, 1 year fixed, 4.09%, 75% LTV • B01229, 1 year fixed, 3.54%, 75% LTV • B01230, 1 year fixed, 3.94%, 75% LTV • B01628, 1 year fixed, 4.19%, 75% LTV • B01629, 1 year fixed, 4.19%, 75% LTV Securing current products You can secure any of the current products available via TMW Online by completing a DIP before 12pm Tuesday 13 December 2011. Any DIPs must be progressed to full mortgage application by 8pm Tuesday 13 December 2011. |
| 12/12/11 - Precise adjust LIBOR rate |
Please note that from midnight tonight (Monday 12th December) Precise Mortgages LIBOR rate will reset to 1.06% (previously 0.91%)
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| 12/12/11 - Missed Mortgage Payment? |
AToM can assist with many of your customer requirements. Whether they need something Complex, Prime or need someone to consider adverse, we may be able to help. One example is a missed mortgage payment for residentials. HOWEVER, it can be one missed payment, a number of times. Everything is dependant on a soft footprint credit score, so call us now to see how we can assist. |
| 09/12/11 - Platform change Exclusive |
Platform have made rate changes to the Semi exclusive product - - Max 65% LTV - DM plans considered - £500 CCJ in last 6 years - Defaults accepted, subject to credit score - Available to ARs of Sesame and PTFS via AToM Click here to see details - Normal Platform Almost Prime criteria applies Please send us a DIP to confirm acceptance |
| 09/12/11 - Platform make changes to Signature requirements |
With effect from Monday 12 December Platform will be removing their Acceptance of Offer and instead will require all applicants to sign the application form. Platform will require the original signature(s) on the application form to proceed to completion. Applications submitted from Monday 12 December onwards: Once the application has been submitted download the pre-filled application form for applicant(s) to sign. You will need to send us the form with the original signatures. There will no longer be an acceptance form attached to the Offer for the applicant to sign. Pipeline applications submitted before Monday 12 December: Platform will still require the signed Acceptance of Offer from the applicant(s). |
| 08/12/11 - Platform withdrawals |
Platform will be withdrawing all products with effect from 5pm Friday 9 December. New products will be available from Monday 12 December. Let to Buy - Buy to Let Platform will now only accept Let to Buy, Buy to Let applications on specific Let to Buy, Buy to Let products. Identity Requirements Platform have updated their list of Identity Requirements. Changes include accepting bank statement, utility bills or mortgage statements issued within the last 6 months (Previously 3 months). Owner occupier rule Platform will now accept Buy to Let applications where only one applicant is an owner occupier providing their credit search shows that applicants are married/co-habiting and permanently residing at the owner occupier address. First Time Buyer definition Platforms definition of a First Time Buyer has changed to: ‘an applicant, or applicants if it is a joint application, who have never acquired an interest in property anywhere in the world’ Product changes Buy to Let • Let to Buy products launched • 1 year tracker B167 Options exclusive withdrawn • 2 year tracker B168 Cashback exclusive withdrawn • All 4 year fixed products withdrawn • 2 year fixed B151 increased by 0.20% • 2 year fixed B154 increased by 0.20% • 2 year tracker B161 increased by 0.20% • 2 year tracker B162 increased by 0.20% • Cashback 2 year tracker B165 increased by 0.20% Mainstream • 2 year tracker remortgage product with £500 cashback launched • All 4 year fixed products withdrawn Almost Prime • Packaged semi-exclusives relaunched Pipeline deadlines All products will be withdrawn from websites and all sourcing systems at 5pm Friday 9 December. All applications must be received at Platform by 5pm Friday 9 December. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on the shopping list. |
| 07/12/11 - AToM become approved packager for SimplyBiz Mortgages |
AToM (All Types of Mortgages Ltd), the specialist mortgage packager and distributor, is delighted to announce its new partnership with SimplyBiz Mortgages. AToM will offer their lender products and offerings to the SimplyBiz Mortgages membership.Dale Jannels, managing director at AToM said, "We are delighted to partner with SimplyBiz Mortgages. We’ve dealt with a good number of their members for some time and now becoming their approved packager allows us to actively promote our lender offerings, including Complex Prime, to the whole SimplyBiz Mortgages membership. In the current climate, our Complex Prime and ‘don’t say no to a customer until you’ve spoken to AToM’ campaigns are in great demand. Education and communication are key and this will enable us to continue to grow these areas to the benefit of all parties and, most importantly, finding the right deal for the end consumer! We are really excited to be working with the SimplyBiz Mortgages team.” Emma Hollingworth, Director of Mortgages at SimplyBiz added “We have added AToM to our lender panel to assist with those difficult to place cases. SimplyBiz Mortgages strives to be the best mortgage club we can for our members, offering a solution for all of their clients’ needs. Adding AToM to our panel adds further to our comprehensive offering.” |
| 07/12/11 - Shawbrook offer 0.7% pm via AToM |
AToM are delighted to be one of the limited distributors for Shawbrook Banks new product offering.Key features include: * Targeting established and professional investors * PURCHASE only applications to a maximum of 65% LTV (based upon the lower of purchase price or current market value). * Pricing at 7.45% above 3 month libor, equating to a rate of 0.7% a month. * Arrangement fee of 1.95% added to the loan, * Min loan £150k, max £2.5m. Min 3 months, max 12 month terms only. * No early repayment charges. (Subject to a minimum of 3 months interest). * Residential or mixed use investment property in strong geographic locations only * Clients must have a strong personal net worth and independent material income; A1 credit conduct on all facilities and be experienced within the property sector. * Interest can be; 1. serviced by direct debit. 2. retained from the advance. 3. retained for the first 3 months with remaining interest payments serviced. Where the client is buying a property to refurbish, this is acceptable provided the LTV does not exceed value in its current condition, the client must have the capital required to fund any refurbishment works. * This is a non-regulated product, with restricted distribution. Speak to AToM for more details |
| 01/12/11 - TMW Cases through AToM |
With effect from 1st December 2011, all TMW applications proceeding through AToM will be required to use one of the solicitor companies on the AToM Panel.This is an AToM company decision and AToM will action the instruction of the solicitors. To obtain a quotation for your customer, please CLICK HERE. The above changes do not apply to cases going direct to TMW and highlighting AToM as the payment route. |
| 28/11/11 - TMW product changes - 12pm TODAY |
With effect from Tuesday 29 November 2011, TMW will be making changes to their Buy to Let, Let to Buy and First Time Landlord product ranges. Selected rates at 65% & 75% LTV will be increasing You can secure any of the current products available via TMW Online by completing a DIP before 12pm Monday 28 November 2011. Any DIPs must be progressed to full mortgage application by 8pm Monday 28 November 2011. |
| 25/11/11 - Hanley launch a new product via AToM |
Hanley BS have launched a new 2 Year Fixed Rate Mortgage at 3.24% up to 80% LTV. Product includes Free Re-Mortgage Legals or £250 House Purchase Cashback and Free ValuationHouse Purchase - 80% Re-Mortgage - 80% • A £150 booking fee is payable on application of this product and is non refundable • £350 Arrangement Fee (which may be added to the loan as long as the LTV including the fee does not exceed the maximum for the product) • Minimum Age 18 years, Maximum Age 65 years on redemption • Minimum Loan size £30,000, Maximum Loan £750,000 • Minimum House Purchase Price £70,000 (inside M25 £125,000) No credit scoring - See Full Spec Go Direct to Lender, register with Hanley and choose AToM as payment route |
| 23/11/11 - AToM, the Introducer Guide |
Whether it be an 85% Near Prime, a clean Complex Prime, quick Bridging Finance, a Commercial Loan, a Residential with good income multiples, BTLs with free vals, Let 2 Buys, RTBs, and more, AToM can help.Download our latest Introducer Guide to see our offerings and how we can help you and your customers: Click Here to download the full brochure |
| 22/11/11 - Precise and AToM in London |
The Precise Mortgages 1966 Routemaster London bus will be parked at the Marriott Regents Park Hotel on Tuesday 29th November. Alan Cleary, Precise Mortgages Managing Director and Roger Morris, Precise Mortgages Sales Director, will guide you through 30mins of presentations packed full of sales ideas and consumer insight to help you gain more market share and generate new income opportunities. Dale Jannels, AToM Managing Director, will also be on hand to discuss the fantastic 85% Near Prime exclusive. To register your interest, please email: FULL NAME, COMPANY NAME, ADDRESS, CONTACT NUMBER, EMAIL and Preferred time (10am 12pm 2pm 4pm) Click here to email over the details For other venues and dates - >Click here |
| 18/11/11 - Precise move in to Scotland |
Precise have launched their entire product range of Short Term Lending, Bridging and Near Prime products in Scotland with effect from today (Fri 18th Nov).This also means that the AToM exclusive (85% LTV) is available in Scotland. Please call us for more information. |
| 15/11/11 - BM Solutions withdraw products |
BM Solutions are withdrawing the following product codes:• LVU - 3.49% 2 year tracker, 1.25% product fee, available up to 60% LTV with 500 cashback. • NBJ - 4.30% 2 year fixed, 1.25% product fee, available up to 60% LTV with 500 cashback. Exclusive when using the BM Conveyancing service. • NBK - 4.45% 2 year fixed, 1.25% product fee, available up to 60% LTV with 500 cashback. Please ensure any applications on these products are submitted in full before 8pm tonight (Tuesday 15th November). |
| 14/11/11 - Hanley withdraw 3.09% Fixed at 5pm tonight |
With effect from 5pm tonight, Hanley will be withdrawing their 2 Year 3.09% Fixed Rate Mortgage from the Intermediary Market.Any outstanding enquires need to be generated through their online DIP / KFI engine by 5pm and any applications by close of business Friday 25th November. |
| 01/11/11 - GE Money Launch Self Employed |
GE Money have launched two plans for the Self Employed:- Same product offering as LVM0/LTM1 - No S/E loading, rates from 3.99% - 2 yrs proof of income acceptable (1 year by referral) - Accountants Certificate & SA302 acceptable - Generous Affordability - 80% LTV Repayment, 75% Interest Only - Declining profits considered(last year used) - Adverse acceptable as per product guide. Download latest product guide by clicking here Send us a DIP for a soft footprint credit score. |
| 28/10/11 - BM Withdrawals |
BM Solutions are withdrawing the following product codes tonight:• LWK - 3.99% 1 year tracker, 2.5% product fee, available up to 75% LTV. • LYI - 4.25% 1 year tracker, 0.5% product fee, available up to 60% LTV. Please ensure any applications on these products are submitted in full before 8pm tonight (Friday 28th October) and highlight AToM as the payment route.. |
| 28/10/11 - GE Money and Self Employed |
GE Money will launch two plans for the Self Employed on 1st November.- Same product offering as LVM0/LTM1 - No S/E loading, rates from 3.99% - 2 yrs proof of income acceptable (1 year by referral) - Accountants Certificate & SA302 acceptable - Generous Affordability - 80% LTV Repayment, 75% Interest Only - Decline in Profits acceptable (last year used) - Adverse acceptable as per product guide. Download latest product guide by clicking here Send us a DIP and we'll process on Tuesday morning. |
| 27/10/11 - TMW make changes |
From tomorrow, 28 October, TMW will be making changes to their Buy to Let product range. As a result, they will be withdrawing selected products.Buy to Let • Introduction of new 3 year fixed products, up to 80% LTV • Selected products repriced • Withdrawals include: o 75% LTV tracker products / Selected fixed rates at 80% LTV / 18 month and 4 year fixed rates / Step Down Tracker & Lifetime Variable products / Selected Light Refurbishment fixed & tracker products • End dates extended across the range Securing current products You can secure any of the current products available via TMW Online by completing a DIP before 12 noon, 27 October 2011. Any DIPs must be progressed to full mortgage application by 8pm 27 October 2011. |
| 26/10/11 - AToM & Precise Launch 85% Near Prime |
AToM are delighted to launch an exclusive Near Prime 85% LTV product through Precise Mortgages.Alan Cleary, managing director of Precise Mortgages says “I expect this to be a popular product as we all know how difficult it is for borrowers at the moment. As High Street Banks continue to take market share from intermediaries using dual pricing or enticing customers into their branches with multi million pound marketing campaigns so we are proud to be offering a product that is only available through intermediaries.” Dale Jannels, managing director of AToM comments “This is a superb product from Precise and caters for a gap in the current near prime market. Near prime is, once again, becoming a large part of our business and this product offers a superb LTV and some customer friendly criteria. We are delighted, privileged and excited to be launching this product and look forward to assisting many customers that currently are not being catered for.” Product details allow for defaults, CCJs and missed mortgage payments, cater for the employed or self employed and LTVS to 85%. Not available to FTB. Min loan £70k, max £300k Download the product guide by clicking here and remember it's a SOFT FOOTPRINT DIP. HAVE YOU BOOKED YOUR SEAT ON THE PRECISE BUS TOUR? For more information, CLICK HERE |
| 25/10/11 - GE to offer mortgages to the Self Employed |
You may have seen in yesterdays trade press that GE Money are launching in to the Self Employed arena.AToM will have access to these products and will update this page with more information as soon as is allowed. |
| 24/10/11 - Visit AToM at Expo 2011 |
AToM will be exhibiting at this years Mortgage Business Expo at Olympia 2 on 16th/17th November.Visit us at stand F28 and speak to TWO of our Complex Prime Lenders. To book, click here to go to the MBE website |
| 24/10/11 - Platform launch Almost Prime Semi-Exclusive |
AToM are delighted to be offering this Almost Prime Semi-Exclusive product - - Max 65% LTV - DM plans considered - £500 CCJ in last 6 years - Defaults accepted, subject to credit score - Available to ARs of Sesame and PTFS via AToM Click here to see details - Normal Platform Almost Prime criteria applies Please send us a DIP to confirm acceptance |
| 18/10/11 - Hanley 90% Remortgage Semi-Exclusive |
Hanley have launched a 90% Re-mortgage Semi Exclusive via AToM - 3 Year Discount Re-Mortgage Only - 4.19% Initial Pay Rate for 3 years which represents a 1.00% discount off SVR • Re-mortgage Legal Fees - There will be no legal fees payable where the Society’s re-mortgage scheme is used up to a maximum of £250 • One free standard valuation per customer for properties up to £250,000** • A £150 booking fee is payable on application and is non refundable • £400 Arrangement Fee (which may be added to the loan as long as the LTV including the fee does not exceed the maximum for the product) • Maximum Age 65 years on redemption • Minimum Loan size £30,000, Maximum Loan £250,000 • Higher Lending Charge will be paid by The Society • Only available on properties in England and Wales • Proc fee of 0.30% See Full Spec NO Credit Scoring Go Direct to Lender, register with Hanley and choose AToM as payment route |
| 19/10/11 - Platform withdrawals Friday 21st Oct |
Platform will be withdrawing all products at 5pm Friday 21 October. New products will be available from Monday 24 October.Buy to Let - Fixed rate end dates extended to 31 January - 2 year tracker with 1% cashback - rates increased by 0.20% - 4 year fixed rates reduced by 0.20% Pipeline deadlines - Clickdecision and KFI’s All products will be withdrawn from websites and all sourcing systems at 5pm Friday 21 October. All applications must be received at Platform by 5pm Friday 21 October. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on our shopping list. |
| 17/10/2011 - Hanley Product Withdrawn |
Hanley have withdrawn their products with immediate effect due to the tranche being full. New products will be launched shortly.
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| 07/10/11 - Platform withdrawal |
Platform will be withdrawing the following product with effect from 5pm Tuesday 11 October.Buy to Let 2 year tracker B140 - 60% 3.09% / 65% 3.49% / 70% - 3.69% Products will be withdrawn from all sourcing systems at 5pm Tuesday 11 October. All applications must be received at Platform by 5pm Tuesday 11 October. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on the shopping list. |
| 07/10/11 - Has you client had missed mortgage payments? |
Have you got clients who's worst case scenario is up to:Defaults 2 in last 24 months (0 in 3); maximum £5000, (no more than 1 in first 12 months maximum £1000). CCJs 1 in last 24 months (0 in 3), (maximum £1000 in 3-12 months, or maximum £2500 in last 13-24 months). Mortgage Arrears 1 in last 12 months (0 in 3) - can be a number of 1s, but not exceeding a 1. 3 in last 36 months. - can be a number of 3s, but not exceeding a 3. * Subject to credit scoring and normal underwriting requirements. * Employed or Self Employed * Max LTV 80% (int only 75%) * Residential Properties * England & Wales We may be able to assist! Send AToM a DIP! |
| 06/10/11 - BM Withdrawals at 8pm |
BM Solutions is making changes to its current Buy to Let range. The following products are being withdrawn at 8pm, Thursday 6th October. There are no other changes being made to the range at this time. • NAJ - 4.84% fixed until 01/12/2013, 1.25% product fee and £500 cashback. Exclusive when taking out BM Conveyancing. • LWL - 4.99% 1 year tracker (BBR+4.49%), 1.00% product fee. Please ensure any applications on these products are submitted in full before 8pm tonight (Thursday 6th October) with AToM as the payment route! |
| 03/10/2011 - Hanley launch 95% LTV via AToM |
3 Year FTB Discount Mortgage - 4.75%which represents a 0.44% discount off the HEBS SVR This product is subject to the following • House Purchase - A £250 cashback on completion of the mortgage will be given* • One free standard valuation per customer for properties up to £250,000** • A £99 booking fee is payable on application of this product and is non refundable • £400 Arrangement Fee (which may be added to the loan as long as the LTV including the fee does not exceed the maximum for the product) • Minimum Age 18 years, Maximum Age 65 years on redemption • Minimum Loan size £30,000, Maximum Loan £250,000 • Minimum purchase price of £70,000 or Properties inside the M25 minimum purchase price £125,000 • One capital payment of up to 10% of the mortgage balance is permitted each year for the first 3 years. • Higher Lending Charge if applicable will be paid by The Society & Private insurance subject to £25 administration fee • Only available on properties in England and Wales • This mortgage can only be taken out on a repayment basis • ERCs of 2% during discount period only **NO CREDIT SCORING ** Please contact the AToM sales team for more information and access details or CLICK HERE Register with Hanley and choose AToM as payment route |
| 30/09/11 - BM Solutions withdrawals |
On Saturday 1st October, BM Solutions will be making changes to two of its 2 year Buy to Let trackers at 75% LTV. To prepare for this the following product codes will be removed: • LYJ - 4.10% 2 year tracker, 2% product fee and £500 cashback. (BM Conveyancing). • LYK - 4.25% 2 year tracker, 2% product fee and £500 cashback. Please ensure any applications on these products are submitted in full before 8pm tonight (Friday 30th September). Don't forget to select AToM as payment route. |
| 30/09/11 - Mortgage Strategy Awards 2012 |
If you work within the UK mortgage industry you are eligible to have your say and cast your vote on who have been the exceptional performers of the year.Voters are asked to nominate the company they feel would be the most deserving winner in each category. Early bird reward - Submit your nominations by Friday 9th September to be entered into Mortgage Strategys prize draw to win a magnum of champagne. If you think we've done a good job and helped you and your customers, we'd be really grateful if you would vote for AToM in the 'Best Specialist Distributor' category. Please click here to vote Nominations deadline: Extended to 5pm Friday 30th September |
| 28/09/11 - Hanley product changes |
Hanley have launched a 3.09% 2 year fixed to 80% LTV (purchase/remortgage)• £150 booking fee (non-refundable) • £850 arrangement fee (can be added to the loan up to max LTV) • Minimum loan £30,000, Maximum loan £750,000 • One free standard valuation for properties up to £250,000 • Free legals up to £250 (remo only) or £250 cashback on purchases • Available on properties in England and Wales • ERC - 2% until 30/11/2013 This has replaced the 3.24% 2 year fixed. To access, call the AToM sales team, or go direct to Hanely and choose AToM as your payment route. |
| 22/09/11 - Platform launch Semi exclusive through AToM |
AToM are delighted to remain as one of the specialist packagers/distributors for Platform. In addition, Platform have launched a packager Almost Prime exclusive: 2 year fixed until 31 October 2013 5.44% up to 60% LTV 5.74% up to 65% LTV - Arrangement fee: £1,450 - Reversionary rate: LIBOR* + 5.00% - ERC: 3% year 1, 2% year 2 (until 31 October 2013) - NOTE: Only available to ARs of PTFS and Sesame via AToM All other standard Almost Prime criteria and product features apply. To download the exclusive product spec, please Click here |
| 21/09/11 - GE Money will look at Debt Consolidation and Capital Raising |
Here’s a customer GE accepted recentlySole applicant – Remortgage Income £66,000 per year – on voters roll Property Valuation £215k, Loan required £161k, Capital Repayment over 8 years £5,000 Unsecured Loan and £8,000 Credit Cards to be consolidated Credit History - No adverse experienced within last 24 months and up-to-date payment history for last 12 months Customer benefit - Raised £30,000 capital, consolidated unsecured debt and reduced monthly payment from £2175pm to £2075pm Why GE over another lender? - Raising capital, debt consolidating and short term on mortgage For more information, please contact the AToM sales team or download the product guide by CLICKING HERE |
| 20/09/11 - AToM to distribute Platforms products |
AToM are delighted to remain as an approved Specialist Packager/Distributor for the lender Platform. More to follow.. |
| 20/09/11 - Platform withdrawals |
Platform will be withdrawing all core and exclusive products at 5pm Wednesday 21 September. New products will be available from Thursday 22 September.
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| 19/09/11 - GE offer a flexible affordability assessment. |
Here’s a customer we accepted recentlyApplicant(s) Sole applicant – Remortgage – Early 30’s Income - £21,000 per year Property Valuation - £200,000 Loan / Term Loan requested - £139,000 on Interest Only over 21 years Credit - £500 Credit Card to be consolidated Credit History - No adverse experienced within last 24 months and up-to-date payment history for last 12 months Customer benefit - Like for like remortgage with affordability assessment based on customer’s situation rather than fixed income multiples Why us over another lender? - Flexible affordability assessment. Up to 80% LTV (75% LTV Interest Only) For more information, please contact the AToM sales team or download the product guide by CLICKING HERE |
| 14/09/11 - AToM selected by WLB |
AToM is delighted to be appointed as a distributor for Whiteaway Laidlaw Bank (WLB). Offering Investment & Residential, Semi Commercial, Commercial and Owner Occupied finance, WLB have a substantial offering:Investment & Residential / Semi Commercial / Commercial - Up to 75% LTV - Between 3 and 30 years term - Interest only up to 65% LTV's - Rates from 3.7% above LIBOR Owner Occupied - up to 75% LTV - 3 and 5 year terms ( with modest ca p ital repaid) - 10-30 year options with full repayment or 70% repayment In all cases - Ability to add majority of lender arrangement fee to loan if required and can repay 10% pa without penalty. Min loan £50k, Max £750k. Please call our Commercial team on 01403 272625 for more information or click here to submit an enquiry. |
| 13/09/11 - Hanley withdraw 5 year fix & launch 2 year fixed |
Hanley EBS is withdrawing their 5 year fixed at 4.49% (80% LTV) with £495 fee, at close of business 14/9/11.A new product is also being launched - 2 year fixed at 3.24% for loans up to 80% LTV. £999 lender fee and £100 booking fee. Other features include no credit scoring, £750k max loan and only available through selected distributors. To download the product spec, please CLICK HERE |
| 13/09/11 - Precise launch new range |
New Near Prime Product range launched today!Precise's new Near Prime range is aimed at borrowers who may be finding it difficult to get a mortgage. Highlights from the new range include*; - 2 year Fixed and Tracker products - Fixed rates reduced to 5.24% - Up to 80% LTV - £250 Cash-back - Refund of/free Valuation and Assessment fee (max £355) - No ERCs For full details on the new products, please call the AToM sales team. |
| 12/09/11 - Prime Time for Near Prime - Mortgage Strategy |
AToM's Dale Jannels explores the Near Prime product confusion with others at a recent Mortgage Strategy round table event. To see the article in full Click Here |
| 12/09/11 - BM Launch new BTL products |
BM Solutions have today launched some new BTL products:> 3.49% BBR+2.99% for 2 Years - 60% LTV, 1.25% fee & £500 Cashback > 3.79% Fixed until 01/12/2013 - 60% LTV, 2% fee & £500 Cashback > 4.84% Fixed until 01/12/2013 - 75% LTV, 1.25% fee & £500 cash back. Must use BM Conveyancing. Speak to AToM for more information and please make sure you highlight AToM as your payment route if you go direct! |
| 09/09/11 - BM Withdrawals |
On Saturday 10 September, BM Solutions will be reducing rates on selected 2 year fixed rate products. In preparation for this change, the following products are being withdrawn. Please ensure any applications on these products are submitted in full before 8pm tonight (Friday 9 September). Buy to Let - 3.99% 2 Year Fixed, 2.0% Product Fee, 60% LTV, Loans up to 1M Code: LYX - 4.99% 2 Year Fixed, 1.5% Product Fee, 75% LTV, Loans up to 1M Code: LYY - 5.14% 2 Year Fixed, 1.5% Product Fee, 75% LTV Loans up to 1M Code: LYZ |
| 07/09/11 - Precise Product Withdrawals |
On Tuesday 13th September 2011 Precise will be replacing their complete Near Prime Home Owner range. In order to secure a product for submission, you must ensure you obtain a full decision KFI prior to close of business Monday 12th September 2011. The last application date for the current range is close of business Friday 7th October 2011. Look out for the new range and criteria details on Tuesday 13th September. |
| 02/09/11 - Platform Product Withdrawal |
Platform will be withdrawing the following Buy to Let products with effect from 5pm Friday 2 September.Buy to Let - 1 year tracker B117 4.19% 60% LTV (BBR + 3.69%), 4.59% 65% LTV (BBR + 4.09%), 4.79% 70% LTV (BBR + 4.29%), 4.89% 75% LTV (BBR + 4.39%) Buy to Let - 2 year tracker B121 4.29% 60% LTV (BBR + 3.79%), 4.69% 65% LTV (BBR + 4.19%), 4.89% 70% LTV (BBR + 4.39%), 4.99% 75% LTV (BBR + 4.49%) Clickdecision and kfis - These products will be withdrawn from all sourcing systems at 5pm Friday 2 September. Applications - All applications must be received and input by AToM to Platform by 5pm Tuesday 6 September. Applications must have a clickdecision. For more information, please contact AToM |
| 31/08/11 - Blemain Group make changes |
From 1st September - Blemain Group (inc Cheshire) have significantly enhanced the whole product range for Residential Loans, Bridging Finance and Buy to Let plans by:• Streamlining the criteria matrix, to simplify product selection • Reducing interest rates on our standard plans, to improve conversion • Increasing LTVs to place more cases • Demerits – number accepted on plans increased and rates reduced to improve conversion • Increasing maximum loan amounts on our standard plans and introducing a NEW Large Loan criteria, to allow more cases to fit plan • Revising the demerit criteria, to reduce Day 1 referrals and make it easier for you to underwrite a case • Self-employed proof of income expanded to allow more applications to be accepted • Income sources and non-conforming lender criteria restrictions removed making the placing of business easier • Lenders Acceptance Fee revised resulting in Solicitor's Costs and Title Insurance being removed • Expanding drive by valuation criteria considerably, to reduce processing costs and time • Launching a new specialised Auction Purchase bridging plan, to provide more choice and greater opportunities For more information, please contact AToM. |
| 30/08/11 - GE add new First Time Buyer product |
GE MONEY have introduced a new plan to cater for a wider range of credit profiles. This means that applicants who may previously have fallen outside of their criteria may now qualify. Plan details for the new FTB1 product are as follows:• Initial rates starting from 4.49% • 75% maximum LTV (dependent on score) • Completion fees £1,295 - £1,995 GE have also reviewed their affordability criteria to allow higher income earners to benefit from a bespoke Debt to Income Ratio (DTIR). • If the useable income is greater than or equal to £40,000 the maximum DTIR will be 40%. For income below £40,000 the maximum will be 35%. • However where an applicant is consolidating unsecured debt on plans GEM1, GEM2, GEM3 and FTB 1 they may restrict to 30% based on credit score FTB0 product - 80% LTV (75% Int only), rates from 4.19% For more information, please contact the AToM sales team or download the product guide by CLICKING HERE |
| 25/08/11 - Precise improve Self Employed |
Precise have improved their Self-employed criteria to make it easier for you to place your Near Prime residential cases. Self-employed customers who have been trading for two years, now only need to produce one year of accounts. Go direct and remember to highlight AToM as the introductory source/payment route. |
| 19/08/11 - Platform product withdrawal |
Platform will be withdrawing the Buy to Let 2 year tracker semi-exclusive product B129 with effect from 5pm Friday 19 August.Buy to Let - 2 year tracker B129 4.19% 60% LTV (BBR+3.69%) 4.59% 65% LTV (BBR+4.09%) 4.79% 70% LTV (BBR+4.29%) 4.89% 75% LTV (BBR+4.39%) Clickdecision and kfis - The product will be withdrawn from all sourcing systems at 5pm Friday 19 August. Applications - All applications must be recieved at Platform by 5pm Friday 26 August. Applications must have a clickdecision. |
| 19/08/11 - Precise Short Term Lending |
Short Term Lending or Bridging loans for properties with 100% retention - not only do Precise consider properties with 100% retention but also have the ability to lend above 100% of the purchase price (subject to additional security).If you have a case to discuss, please call AToM on 01403 272625 |
| 12/08/11 - New Hanley Semi - Exclusives |
AToM are delighted to launch Hanleys 2 new products!1) 5 year fixed at 4.49% / 80% LTV / £195 booking fee / £300 completion fee - Free legals and val on remortgages (£250 cash back on purchases) - £750k max loan / ERCS during period / No Credit Scoring 2) Term Discount - 2.99% currently (Representing a 2.20% discount off the Society’s Standard Variable Rate for term) - up to 70% LTV / NO ERCS / No Credit Scoring! - Free legals and val on remortgages (£250 cash back on purchases) To find out more, please go to the Hanley Website (click here) and register ensuring you select AToM (All Types of Mortgages Ltd) as your payment route. |
| 12/08/11 - TMW Changes to Let to Buy |
For Let to Buy applications, TMW will require the following from the applicant's solicitors: • Confirmation that the Let to Buy remortgage will be completing simultaneously with the purchase of a new main residence (which may be with another lender). • Confirmation that the applicant will vacate the security address upon completion. |
| 10/08/11 - Please vote for AToM |
Blemain Group have been committed to working with brokers, mortgage clubs, mortgage networks, packagers and trade media; while lending consistently for almost 40 years, so have a unique insight in to the specialist lending industry and are well placed to help recognise the industry's talent.Blemain Group would greatly appreciate a few moments of your time to vote for those who are deserving. This is your chance to cast your vote on the companies that provide a service to you and the industry. Voting closes 5pm 19th August 2011. We'd be grateful if you would vote for AToM in the various categories where we have been nominated. Thank you in advance! >> VOTE NOW! << |
| 04/08/11 - Have you tried GE Money via AToM? |
GE Money have a huge appetite to lend. Specialising in the light adverse / near prime market for the employed, few lenders have such a 'can do' attitude.- Great income multiples - First Time Buyers acceptable - up to 80% LTV - Will look at exceptions for AToM (with good reason to do case). - Soft footprint To review the current product guide, please CLICK HERE Or send us a DIP! |
| 02/08/11 - Precise make changes |
Exciting news for you and your Near Prime customers as Precise Mortgages has launched new and improved Near Prime Home Owner criteria, to help those borrowers who may be finding it difficult to get a mortgage.Criteria changes include: - Interest only (New) - New Self-employed criteria - Lending in Scotland coming soon - Defaults up to £5,000 - CCJs up to £2,500 - 1 Month's mortgage arrears in the last 12 months with up to 3 instances in the last 36 months accepted - Defaults and CCJs older than 24 months are not counted - Unsecured arrears not counted In addition to these criteria changes they have also refreshed all fixed rate products within the range, LTVs are up to 80% and some products have cashback, refund of Standard Valuation and Assessment fee. The new large loan range includes tracker and fixed rate products for loan sizes £300,001 to £1,000,000. For full details on criteria changes and new products, please contact the AToM sales team on 01403 272625 |
| 02/08/11 - BM withdrawals tonight |
BM Solutions is withdrawing the following products at 8pm Tuesday 2 August. There are no other changes being made to the range at this time.Buy to Let - 4.80% 2 Year Tracker, 2,249 Product Fee, Loans up to 750,000 Code: EGB - 4.95% 2 Year Tracker, 2,249 Product Fee, Loans up to 750,000 Code: EGC Please ensure any applications on these two products are submitted in full before 8pm tonight (Tuesday 2 August). |
| 28/07/11 - Precise Mortgages make changes |
On Tuesday 2nd August 2011 Precise will be replacing all fixed rate products from their current Near Prime Home Owner range. The new refreshed Home Owner range will introduce new exciting criteria changes which include:Interest only across the entire range Improvements to Self-employed policy Plus, a large loans fixed and tracker range for loan sizes from £300,001 - £1,000,000. In order to secure a product for submission, you must ensure you obtain a full decision KFI prior to close of business Monday 1st August 2011. |
| 25/07/11 - Platform offer Let 2 Buy |
Platform now allow Let 2 Buys!Platform have also launched a new 'Options' range of BTL products. These products are designed for borrowers who: • want to remortgage to a fixed rate without paying an ERC when interest rates increase • want to change products when their lifestyle changes • want to overpay without limitations or penalties • want to use excess rental income to overpay with no limitations Finally, all brokers can access Platform Buy to Lets via AToM. Please call us for more information. |
| 21/07/11 - Go Direct and click AToM! |
Go direct to the lender and click AToM as the payment route and we will send you a proc fee of - BM Solutions = 0.46% TMW = 0.45% for Buy to Let completions (limited period). |
| 12/07/11 - TMW Changes including Ltd Co BTL Withdrawal |
From 13 July 2011 TMW Buy to Let product range will be enhanced with the launch of new 2 year tracker rates starting from 2.99% and reductions of up to 0.40% across the existing range of 2 year fixed and tracker products. Key Changes • Selected rate reductions of up to 0.40% across 2 Year products • Switch to Fix facility now available on all trackers across all BTL categories • New build flats now accepted up to 65% LTV (based on second hand value) • Improved Lifetime Variable products, with arrangement fees starting from £999 Withdrawals • All Limited Company products will be withdrawn with effect from 31 July 2011 • All Further Advance products for existing Multi Property Portfolios (where rental income and LTV is averaged across the portfolio) will be withdrawn with effect from 31 July 2011 REMEMBER - Click AToM as the payment route for a 0.45% Proc Fee! |
| 12/07/11 - AToM's Top Lenders for June |
June was a great month for AToM and we appreciate your support. We also appreciate the support of our great lenders. Our top 5 in June were:- GE Money - TMW - AToM Complex Prime Lender - BM Solutions - AToM Complex Prime Lender Why not give us a call and see how our lenders can help you and your customers? |
| 30/06/11 - 3.99% 2 yr fixed Buy to Let Exclusive launched! |
AToM are delighted to launch a Buy to Let exclusive with Hinckley & Rugby.- Product terms include a 3.99% fixed rate for two years (30/9/13) - up to 65% LTV. - A completion fee of £1295 is added to the loan within LTV. - A funds booking fee of £399 is required upfront (non refundable). - ERC’s are 3% year one and 2% year two. - No CREDIT SCORING. - Rental calculated at 135% of pay rate. - No min income requirement, although must have income. - Must be a home owner in England/Wales. - Let to Buy acceptable - up to 4 properties with H&R and 10 with other lenders. - Max loan £300k - Proc fee paid 0.25% Dale Jannels, Managing Director at AToM said, "The Hinckley & Rugby Building Society have delivered a truly competitive Buy to Let product for AToM to exclusively distribute. There are plenty of Buy to Let offerings in the current market, but this one has a reasonable arrangement fee compared to many others and it is not subject to credit scoring. With a two year fixed rate of just 3.99% and a manual underwriting review, we have no doubt consumers will like this offering. Hinckley & Rugby have demonstrated a really positive outlook and we are excited to be working with them.” Carolyn Thornley-Yates, Assistant Manager - Branches & Development at Hinckley & Rugby added “We are very pleased to have established this new relationship with AToM and to have tailored an exclusive product that will hopefully prove popular in the Buy to Let market. We chose AToM as the distributor of this product as we have a shared ethos of treating customers as individuals, and we are confident that we will work well together to provide an efficient and personal service.” To apply, please complete our online DIP form. |
| 27/06/11 - Mortgage Solutions interview |
AToM's Dale Jannels talks to Mortgage Solutions features editor Kay McLellan about whether sub-prime is set to return, lenders' appetite for specialist funding and what brokers need to do to successfully place tricky deals. To see the full interview, click here |
| 23/06/11 - GE Money make reductions |
With effect from Monday 27th June, GE Money will reduce rates on the following products - - GEM 1 - rates reduced by up to 0.90% rates now from 4.39% - GEM 2 - rates reduced by up to 0.60% rates now from 4.89% - GEM 3 - rates reduced by up to 0.90% rates now from 4.99% - LTM 2 - rates reduced by up to 0.30% rates now from 4.79% - LVM0 & LTM1 - rates reduced by 0.20% rates now from 3.99% - FTB0 rates reduced by 0.10% rates now from 4.19% Various financial issues accepted. Please call for further details or to discuss an enquiry. To see the NEW product guide CLICK HERE. |
| 17/06/11 - BM Solutions withdraw rates |
With effect from 8pm tonight, Friday 17 June 2011, BM Solutions will withdraw the following product:• 2.75% 1 Year Tracker • 60% LTV • 2.5% Arrangement Fee • £275 Mortgage Account Fee • £500 Cashback • Product Code: LXJ Selected core 1 & 2 year trackers and 2 year fixeds are also being withdrawn. Please ensure that all applications are keyed in before the above deadline. |
| 10/06/11 - GE Money want to Lend! |
GE Money have a huge appetite to lend. Specialising in the light adverse / near prime market for the employed, few lenders have such a 'can do' attitude.- Great income multiples - First Time Buyers acceptable - up to 80% LTV - Will look at exceptions for AToM (with good reason to do case). - Soft footprint To review the current product guide, please CLICK HERE Send us a DIP! |
| 07/06/11 - Platform launch new rates - BTL from 2.99% |
Platform have made changes to their Buy to Let product range:- Buy to Let rates reduced by up to 0.20% - Administration fee reduced from £140 to £89 (not applicable when applying via AToM) - Arrangement fees reduced - New 75% LTV rates launched on Buy to Let - rates now from 2.99% To review the Buy to Let range - CLICK HERE - no access restrictions via AToM To review the Almost Prime range - CLICK HERE page 3! |
| 06/06/11 - Hanley launch no ERC product via AToM |
AToM are delighted to launch Hanleys 3.09% variable NO ERC product!Highlights include - • 3.09% Pay Rate - Representing a 2.10% discount off The Society’s Standard Variable Rate for Term • up to 80% LTV • Free Re-Mortgage Legals or £250 House Purchase Cashback* and a Standard Valuation • Maximum Loan £500,000 • If this mortgage is for House Purchase, the property price must be at least £70,000 • £200 Arrangement Fee (which may be added to the loan as long as the LTV including the fee does not exceed the maximum for the product) • £195 Booking Fee (Non-Refundable) • Mortgage must complete by 31st August 2011 To find out more, please go to the Hanley Website (click here) and register ensuring you select AToM (All Types of Mortgages Ltd) as your payment route. |
| 06/06/11 - Precise Launch new products |
Precise have improved their criteria to help you place cases for your customers more easily. To complement the new criteria changes they have also launched a new range of attractive Home Owner products.Criteria highlights include: • Maximum defaults £5,000 • Maximum CCJs (both satisfied and unsatisfied) up to £2,500 • 1 Month's arrears in the last 12 months with up to 3 instances in the last 36 months • Only defaults and CCJs recorded in the last 24 months used when assessing a case Product highlights include: • 2 Year Fixed and Tracker products • Rates from 4.85%* • Up to 80% LTV • Some products with £250 cashback, refund of standard valuation and assessment fee and no ERCs See latest product guide - Download here Apply directly to the lender and choose AToM as the payment/introductory route, or contact AToM for more assistance |
| 03/06/11 - Platform withdrawals on Monday |
Platform will be withdrawing all Mainstream and Buy to Let products at 5pm on Monday 6 June. This includes both current core and exclusive range of products. New products will be available from Tuesday 7 June. Pipeline deadlines - All products will be withdrawn from their website and all sourcing systems at 5pm Monday 6 June. All applications must be received at Platform by 5pm Monday 13 June. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on our shopping list. |
| 02/06/11 - Precise make changes |
On Friday 3rd June 2011 Precise will be replacing their complete Home Owner range. The new refreshed Home Owner range introduces new exciting criteria changes.The last application date for the current range is close of business Friday 17th June 2011. In order to secure a product for submission, you must ensure you obtain a full decision KFI prior to close of business Thursday 2nd June 2011. |
| 27/05/11 - BM give AToM Buy to Let Semi-Exclusives |
AToM are delighted to now have access to two semi exclusive Buy to Let products as below.LXJ - 2.75% 1 year tracker at 60% LTV with £500 cashback and 2.5% fee. LXK - 4.05% 2 year tracker at 75% LTV with £500 cashback and 2% fee. Either deal direct with the lender and select AToM as the payment route, or send us a DIP! Products will be on Trigold and MBL shortly. |
| 26/05/11 - BM Solutions launch Buy to Lets for 9 days only!! |
BM Solutions have launched 2 Buy to Let remortgage products (for a limited period of just 9 days) -- 3.79% 2 year tracker (BBR + 3.29%). - 4.29% 2 year fixed (to 1/9/2013). Both have a 0.5% arrangement fee (can be added), up to 75% LTV (£1m max), £500 cashback and ERCs during the product period. AToM will pay 0.46% as a proc fee on these buy to let remortgage products. PLUS 0.03% bonus if cases complete by 30/06/11. To acquire these products, either send AToM a DIP or apply direct and choose AToM as the payment route. These products will be withdrawn at 8pm on Friday 3rd June. All DIPS must have converted to full applications by this deadline. Cases must complete by the end of June to keep the rate. |
| 23/05/11 - Precise launch Short Term Finance |
AToM are delighted to offer the new short term lending products from Precise Mortgages.Highlights include - RESIDENTIAL - 75% LTV of OMV - Loans over £1m available (60% LTV) - Rates from 0.75% pm REFURBISHMENT - Light and Heavy considered - 70% LTV Light - 60% LTV Heavy - Rates from 0.90% pm No exit fee or early repayment charges available in England & Wales Max term 18 months CALL AToM FOR MORE INFORMATION OR CLICK HERE TO FORWARD AN ENQUIRY FORM |
| 20/05/11 - Chorley withdraw Buy to Let product |
The Chorley BS intermediary Buy to Let product has been withdrawn today. We await news of it's replacement. All DIP'd applications must be received at Chorley BS by Friday 3rd June. |
| 17/05/11 - Hanley discount product 2.85% |
Variable Discount for 3 Years - 2.85%Representing a 2.34% discount off the Society’s Standard Variable Rate for 3 Years • A valuation fee will be charged. On completion HEBS will refund up to £250 towards the cost (purchases receive £250 cashback) • Minimum Age 18 years / Maximum Age 70 years on redemption • Minimum Loan £30,000 / Max £500,000 • Min Val £70,000 • £799 Arrangement Fee - £100 Booking Fee - 2% ERCs in first 3 years • up to 80% LTV NO CREDIT SCORING To obtain a DIP/KFI, or review criteria, please log on to the HANLEY WEBSITE and use: LOG IN - atom Password - granville600 |
| 16/05/11 - BM Change rates |
BM Solutions have reduced their Buy to Let fixed rates by 0.20%: Buy to Let with BM Conveyancing =============================== 4.29% 2 Year Fixed - Product Fee £995 Max Loan £150,000 - 2 Year ERCs 0-60% LTV - £500 Cashback 4.45% 2 Year Fixed - Product Fee 2.5% Max Loan £1,000,000 - 2 Year ERCs 0-75% LTV Buy to Let ========== 4.44% - 2 Year Fixed - Product Fee £995 Max Loan £150,000 - 2 Year ERCs 0-60% LTV £500 Cashback 4.60% - 2 Year Fixed - Product Fee 2.5% Max Loan £1,000,000 - 2 Year ERCs 0-75% LTV |
| 11/05/11 - AToM in this month's Mortgage Introducer |
AToM are the cover story of this months Mortgage Introducer magazine.To read the full article, please CLICK HERE |
| 05/05/11 - Precise Mortgages choose AToM |
AToM are delighted to be added to the Precise Mortgages distribution panel.Dale Jannels, sales and marketing director at AToM said: "Precise Mortgages has some superb products and will help fill a gap in the current AToM offerings, particularly in regards to the near prime self employed. The supply of genuine value offerings in this vital market sector is limited and we look forward to promoting Precise Mortgages to our intermediary and network partners. Having worked with Roger, Alan and some of the team before, we have a good idea of the quality and high standards they require. They also have a great vision for the future and an appetite to attract good quality business. They are exactly the type of partner AToM is looking to build a long term relationship with and we are excited at the prospect of working with them." To find out criteria and products available, please contact the AToM sales team. |
| 28/04/11 - AToM Opening Hours |
Over the Royal Wedding weekend, AToM will be:- Closed Friday 29/04/11 - Open Saturday 30/04/11 -> 10am - 4pm - Closed Sunday 01/05/11 - Closed Monday 02/05/11 Normal working hours will resume from Tuesday 03/05/11. |
| 18/04/11 - Hanley withdrawal - 5pm TONIGHT |
Hanley will be withdrawing their 2.99% Variable (2.20% discount off HEBS SVR for Term)Including Free Re-Mortgage Legals or £250 House Purchase Cashback at 5pm TONIGHT.DIPS to be completed by 5pm. Product details: • A valuation fee will be charged. On completion HEBS will refund up to £250 towards the cost • Minimum Age 18 years / Maximum Age 70 years on redemption • Minimum Loan £30,000 / Max £500,000 • Min Val £70,000 • No Arrangement Fee - No Booking Fee - No ERCs • LTVs - House Purchase 75% / Re-Mortgage 75% (including Capital Raising or Home Improvements) To obtain a DIP/KFI, or review criteria, please log on to the HANLEY WEBSITE and use: LOG IN - atom Password - granville600 |
| 13/04/11 - Chorley select AToM |
AToM is delighted to be chosen by Chorley Building Society to distribute their intermediary products. Products include - 85% LTV Resi to £1m - 4.49% 75% LTV Resi to £500k - 3.99% 75% LTV BTL to £500k - 5.19% 80% LTV Equity Share - 4.74% No credit scoring - manual underwriting. PLUS, you deal with the lender directly! To obtain a KFI, review criteria, apply, please click here to download log in details. Proc fee 0.30% (max £2,000) on all Residentials and 0.40% (max £2,000) on Buy to Lets |
| 12/04/11 - TMW Withdraw some products and launch others |
TMW Product WithdrawalsCode Interest rate Max LTV Product fee B01193 1 Year Fixed 2.99% 65% 3.50% B01194 1 Year Fixed 3.99% 65% 2.50% B07615 1 Year Tracker 3.69% (BBR+3.19%) 70% 3.50% B01584 1 Year Fixed 3.69% 70% 3.50% B02975 2 Year Fixed 4.59% 70% 3.50% B07616 1 Year Tracker 3.79% (BBR+3.29%) 75% 3.50% B01585 1 Year Fixed 3.79% 75% 3.50% B02976 2 Year Fixed 4.69% 75% 3.50% B03659 3 Year Fixed 5.19% 75% 3.50% B02977 2 Year Fixed 5.19% 80% 3.50% B02979 2 Year Fixed 4.99% 75% 3.50% B02980 2 Year Fixed 6.49% 70% £399 B02973 2 Year Fixed 4.99% 80% 3.50% B03432 3 Year Fixed 5.49% 80% 3.00% B19271 5 Year Fixed 6.29% 80% 3.50% B03434 3 Year Fixed 5.89% 80% £2,699 To secure the current range, DIP to be done by 1pm today and Full online submission by 8pm tonight. New products to be launched tomorrow (13/4/11). |
| 06/04/11 - Hanley BS Residential with NO ERC |
AToM are delighted to offer access to a Residential NO ERC product.2.99% Variable (2.20% discount off HEBS SVR for Term) Including Free Re-Mortgage Legals or £250 House Purchase Cashback • A valuation fee will be charged. On completion HEBS will refund up to £250 towards the cost • Minimum Age 18 years / Maximum Age 70 years on redemption • Minimum Loan £30,000 / Max £500,000 • Min Val £70,000 • No Arrangement Fee - No Booking Fee - No ERCs • LTVs - House Purchase 75% / Re-Mortgage 75% (including Capital Raising or Home Improvements) To obtain a DIP/KFI, or review criteria, please log on to the HANLEY WEBSITE and use: LOG IN - atom Password - granville600 |
| 06/04/11 - BM Solutions launch new BTLs |
BM Solutions are launching some new rates todayBuy to Let with BM Conveyancing 2 Year Fixed 4.65% - Code: LVX Product Fee 2.5% of Loan, 2 Year ERCs, 0-75% LTV 2 Year Fixed - 4.50% Code: LVV Product Fee 1.25% of Loan, 2 Year ERCs, 0-60% LTV & £790 Cashback Buy to Let Normal 2 Year Fixed 5.57% - Code: LVY Product Fee 0.95% of Loan, 2 Year ERCs, 0-75% LTV 2 Year Fixed 4.65% - Code: LVW Product Fee 1.25% of Loan, 2 Year ERCs, 0-60% LTV & £300 Cashback 5 Year Fixed 5.59% - Code: LVZ Product Fee 3.0% of Loan, 5 Year ERCs, 0-75% LTV You can use the lender directly (click AToM as the payment route) or through AToM by sending a DIP via our website. Proc fees are 0.43% direct and 0.46% through AToM |
| 31/03/11 - GE Money reduce rates! |
GE Money are reducing some rates with effect from tomorrow (1/4/11):- Reduction to the GE Mortgage Base Rate - Revising Tracker Rates - Introducing a simplified Mortgage Application Form To review the new product guide, please CLICK HERE Download new application form Click here |
| 31/03/11 - Platform change rates |
Platform will be withdrawing all Buy to Let products with effect from 5pm Friday 1st April: - 2 year fixed B42 and B43 products withdrawn - 2 year tracker B54 and B55 products withdrawn - Full term tracker B57 product withdrawn Securing the current products - All applications must be received at Platform by 5pm Friday 8 April. Applications must have a clickdecision (withdrawn 5pm 1/4/11). From Monday 4th April - New 1, 2 and 4 year fixed products launched - New 1, 2 and full term tracker products launched - Fixed end dates extended to July See new product guide CLICK HERE REMEMBER - For Direct applications, you must be a member of the restricted list of approved parties. VIA AToM, ANY broker may access the products. Note free val not applicable, but more importantly, no £140 Platform admin fee payable! Call AToM now! |
| 28/03/11 - AToM voted Best Mortgage Packager 2011 |
AToM is delighted to have been voted Best Mortgage Packager 2011 in the myintroducer.com awards, for the second year running.This is the second year myintroducer.com have run the industry awards program, covering a wide range of markets across the finance industry, allowing professionals freedom to put forward whichever company or individual they see as a candidate for an award. The awards campaign received over 3,000 votes. The Directors and Staff at AToM would like to thank all those who voted for us, it really is appreciated. |
| 24/03/2011 - Complex Prime is rapidly on the increase |
Complex Prime can be used for many scenarios. No two cases are the same! A large percentage of applications are declined by lenders using their 'black box' decisioning systems. They are often first class applications which fail simply because of lenders credit scoring criteria which often seem stupifyingly senseless, turning away customers who are undoubtedly credit worthy. AToM can help. We have access to many lenders who do not credit score and who have an appetite to lend. Must be CLEAN credit and prove affordability. To find out more on AToM Complex Prime, please click here. |
| 23/03/2011 - Bank of China Residential Lifetime Tracker |
Bank of China have a great RESIDENTIAL mortgage 2.30% + BBR (2.80%) Lifetime tracker.- Repayment Only - Overpayments accepted - £1,295 arrangement fee to £500k loan - 80% LTV up to £150k valuation - 75% LTV up to £500k valuation - 70% LTV up to £2m valuation For a dip form - PLEASE CLICK HERE For details of the current products - PLEASE CLICK HERE |
| 18/03/11 - AToM's gone red...! |
For each DIP received today for a lender on the AToM panel, we’ll donate £2For each full Mortgage App (with val/admin fee) received, we’ll donate £25! Help us raise lot’s of money for Comic Relief! |
| 16/03/11 - myintroducer.com awards 2011 |
LAST CHANCE - Voting ends 18/3/11 The MyIntroducer.com Industry Awards - the definitive industry award program for UK finance professionals and businesses where your vote decides the winners. The award winners will be announced on 31st March 2011 and will be based solely on the organisations who receive the most nominations. No panel or judging system - the industry's votes decide the winners. We would be very grateful if you would vote for AToM in the 'Best Mortgage Packager' category. Thank you. To submit your votes: 
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| 11/03/11 - Paragon withdraw limited product range |
Please note that the following products will be withdrawn with immediate effect from 5.00 p.m , 11th March 2011Paragon for private investors (Limited edition). 2 yr fixed rate at 4.25% to 31/05/2013, maximum 65% ltv 2 yr fixed rate at 4.89% to 31/05/2013, maximum 70% ltv 2 yr fixed rate at 5.19% to 31/05/2013, maximum 75% ltv 2 yr tracker at libor plus 2.5%, initial rate 3.30% , maximum 65% ltv 2 yr tracker at libor plus 3.19% initial rate 3.99%, maximum 70% ltv 2 yr tracker at libor plus 3.8% initial rate 4.6% , maximum 75%ltv 3 yr tracker at libor plus 2.8% initial rate 3.6%, maximum 60% ltv Please note that Paragon's products for professional landlords are unaffected by this announcement. We will notify you of replacement products in due course. |
| 10/03/11 - Paragon remove arrangement fee cap |
Please note that the Paragon product fee cap of £2,000 for the Limited Edition products, will be removed from 10 March 2011.Applications already submitted for these products, but where the valuation fee is not paid by close of business 10 March 2011, will no longer benefit from the cap. |
| 04/03/11 - Platform withdraw Buy to Let products |
Platform will be withdrawing products from their Buy to Let range with effect from Monday 7 March.Buy to Let - All 1 year fixed (B37,B38,B39,B40) products to be withdrawn - All 4 year fixed (B46,B47,B48) products to be withdrawn - All 1 year tracker (B49,B50,B51,B52) products to be withdrawn - Selected 2 year fixed (B41,B44) products to be withdrawn - 2 year tracker (B53) product to be withdrawn - 2 year tracker packaged semi-exclusive (B56) to be withdrawn Clickdecisions and KFI's - All products will be withdrawn from their website and all sourcing systems at 5pm Monday 7 March. All applications must be received at Platform by 5pm Friday 11 March. Applications must have a clickdecision. Send AToM a DIP asap for the packager semi-exclusives. |
| 01/03/2011 - Hanley withdraw 2.50% tracker at 5pm today |
The Hanley Economic Building Society are withdrawing their 2% + BBR tracker rate at 5pm tonight.Dips must be submitted by 5pm TONIGHT and applications received by 11/3/2011. To obtain a DIP or KFI, please log on to HANLEY WEBSITE and use: LOG IN - atom Password - granville600 |
| 01/03/2011 - February was a great month! |
February was a great month for AToM. Our best month for new business received, since June 2009! A sincere thank you from the Directors and staff at AToM, we are very grateful for your business. We don’t want to be the biggest, but we strive to be the best in the service and products we offer to you and your clients. Let’s hope March is another fantastic month for all. Once again, thank you! |
| 24/02/11 - Platform revise packager products |
Platform have revised the packager exclusive products:Details - 4.09% to 60% LTV (BBR + 3.59%) 4.49% to 65% LTV (BBR + 3.99%) 4.59% to 70% LTV (BBR + 4.09%) Free legals on standard remortgages. Purchase or remortgage available ERC 2% year 1, 1% in year 2 Arrangement fee £995 NO £140 admin fee via AToM Proc Fee 0.45% via AToM For more details, please click here. |
| 21/02/11 - Platform Rates Increase |
Platform will be making the following changes to their core and exclusive Buy to Let products with effect from Wednesday 23 February. New products will be available from Thursday 24 February.Summary of changes: Buy to Let: - All fixed and tracker rates to be increased - 2 year tracker B56 semi-exclusive rates to be increased Deadlines: All products will be withdrawn from our website and all sourcing systems at 5pm Wednesday 23 February Applications: All applications must be received at Platform by 5pm Wednesday 2 March. Applications must have a clickdecision. All packaged applications must be fully packaged and accompanied by all items on our shopping list. |
| 14/02/11 - Bank of China rate changes |
Bank of China's great RESIDENTIAL mortgage 1.80% + BBR (2.30%) Lifetime tracker will be withdrawn at close of business this Friday (18/2/11). The new rate will be 2.30% + BBR (2.80%). Please send AToM a DIP before 4pm Friday 18/2/2011 to secure the current product. For a dip form - PLEASE CLICK HERE All full applications must be received at AToM by close of business on Tuesday 22nd February. For details of the current products - PLEASE CLICK HERE |
| 09/02/2011 - AToM's Complex Prime |
Following the great article in Mortgage Solutions on Complex Prime (CLICK HERE TO READ), we thought we would remind you of the AToM Complex Prime offerings and case studies.Complex Prime can be used for many scenarios. No two cases are the same! A large percentage of applications are declined by lenders using their 'black box' decisioning systems. They are often first class applications which fail simply because of lenders credit scoring criteria which often seem stupifyingly senseless, turning away customers who are undoubtedly credit worthy. AToM can help. We have access to many lenders who do not credit score and who have an appetite to lend. Must be CLEAN credit and prove affordability. To find out more on AToM Complex Prime, please click here. |
| 04/02/11 - GE MONEY Home Lending |
The igroup brand has now been phased out and has been replaced by the rather larger, and more familiar, GE Money brand.In addition, GE Money have changed some of the product offerings: • First Time Buyers now available to 80% (75% Int Only) • Decreased some rates on the LTM2 and GEM1 to GEM3 products e.g. 2 & 3 year fixed at 80% LTV reduced by 0.18% • Tracker rates start from 4.29% • 2 year fixed rates start from 4.59% • Small Loan Loading has been removed As AToM's top lender of 2010, we have a good relationship with the underwriters directly and a good understanding of how to present cases to meet requirements. In some circumstances, we can also achieve exceptions. To send us an enquiry, please click the DIP button. To download the new product guide, please CLICK HERE |
| 04/02/11 - TMW withdraw products |
• LR0249 4.99% 2 Year Fixed, up to 60% LTV, 3.50% fee• LR0250 5.49% 2 Year Fixed, up to 60% LTV, 2.50% fee • LR0304 5.49% 3 Year Fixed, up to 60% LTV, 3.50% fee • B07600 2 Year Stepped Tracker 2.99% (BBR+2.49%) until 30/04/2012 then 4.24% (BBR+3.74%) until 30/04/2013, up to 65% LTV, 3.50% fee • B07601 2 Year Stepped Tracker 3.39% (BBR+2.89%) until 30/04/2012 then 4.49%(BBR+3.99%) until 30/04/2013, up to 70% LTV, 3.50% fee • B01189 4.99% 1 Year Fixed, up to 80% LTV, 3.00% fee • B01190 5.99% 1 Year Fixed, up to 80% LTV, 2.00% fee • B02934 5.19% 18 Month Fixed, up to 80% LTV, 2.50% fee If you would like to secure any of the current products, please ensure that any DIPs are completed via TMW Online by 1pm 4 February 2011. Any DIPs must be progressed to full mortgage application by 8pm 4 February 2011. Please note that faxed DIPs will not be accepted. |
| 03/02/11 - AToM appointed to package bridging loans |
We're delighted to announce that AToM are one of a limited few appointed to package Bridging Loans for Tiuta.This is includes the limited offer for Bridging Finance at 0.89% per month for properties within the M25. - Max Loan £1m - Property within M25 - Up to 70% LTV (£650k) - Min Val £250k - No adverse - Resi / BTL / 1st charge only Please speak to the bridging team for more information on 01403 27 26 25 |
| 02/02/11 - Paragon launch new rates - LIMITED FUNDS |
Paragon have launched an exciting new range of leading fixed and tracker rate products aimed at smaller scale landlords looking to expand their portfolios.Rates start at 3.3% for a 2 year tracker and 4.25% for a 2 year fixed rate. The interest coverage ratio is calculated at 125% at 5% and applications will be subject to fast track credit score based underwriting. There is a limited tranche of funds for these products which we are expecting to be very popular with introducers looking to place less complex buy-to-let cases. As a result applications must be received by 31 March 2011 and complete by 31 May 2011. Details of the full product range may be found by clicking the link below: Paragon Products |
| 01/02/11 - Secured Loan - 7.9% Variable |
AToM Secured are pleased to offer a very competitive 7.9% variable on secured loans.- Loans from £20k - £100k - Max LTV 65% - Min Val £100k - No adverse - Min income £30k (£35k Joint) Please call the secured team on 01273 424210 or apply online at AToM Secured |
| 27/01/11 - Platform Launch Packager Buy to Let Exclusive |
Platform launch a packager exclusive product on Monday 31/1/11.Details - 3.89% to 60% LTV (BBR + 3.39%) 4.29% to 65% LTV (BBR + 3.79%) 4.39% to 70% LTV (BBR + 3.89%) Free legals on standard remortgages. Purchase or remortgage available ERC 2% year 1, 1% in year 2 Arrangement fee £995 Proc Fee 0.45% via AToM For more details, please contact the AToM sales team. |
| 26/01/11 - Platform make product & distribution changes |
Platform will be withdrawing all core and exclusive products with effect from Friday 28 January. New products will be available from Monday 31 January. This launch will also see Platform make changes to our Buy to Let distribution. From Monday all Buy to Let products will only be available through selected appointed representatives, directly authorised, mortgage club members and packagers. AToM is one of the approved channels. Product Changes include: Buy to Let - All fixed and selected tracker rates reduced - New £0 and £995 arrangement fee options - 3 year tracker rates withdrawn - Minimum property value increased to £75,000 - Maximum loan size reduced to £350,000 - Maximum total properties owned with all lenders increased from 5 to 10 - Rental calculation changed to 125% of pay rate or reversionary rate, whichever is higher Almost Prime - New 1 year fixed and tracker products Clickdecisions and kfis - All products will be withdrawn from the website and all sourcing systems at 5pm Friday 28 January. Applications - All applications must be received at Platform by 5pm Friday 4 February. Applications must have a clickdecision. |
| 25/01/11 - BM Solutions Changes |
On Wednesday 26 January BM Solutions will be introducing new products with added incentives to its Buy to Let new business product range. To prepare for these changes the following products will be removed. Please ensure any applications on these products are submitted in full before 8pm tonight (Tuesday 25 January). Buy to Let 4.20% 1 Year Tracker Code: EFG 4.95% 2 Year Tracker Code: EEN 4.80% 2 Year Tracker Code: BDM 5.50% 3 Year Fixed Code: EFW 5.65% 3 Year Fixed Code: EFX House 2 House 4.60% 3 Year Tracker Code: GBO |
| 25/01/11 - igroup make changes |
igroup will be making changes w/e/f 4th Feb 2011.Key points: First Time Buyers • Maximum loan to value increased to 80% (75% for I/Only) • Maximum loan decreased from £500,000 to £300,000 Debt Utilisation Criteria • Current rules removed (no limit on number of cards/loans) Capital Raising Limit • Increase maximum limit from £25,000 to £50,000(Remo) Unencumbered Properties Acceptable • Maximum LTV 50% - Minimum Valuation £150,000 Pricing changes • Increased rates across the FTB0, LVM0 and LTM1 products by between 0.04% and 0.49% • Decreased some rates on the LTM2 and GEM1 to GEM3 products e.g. 2 & 3 year fixed at 80% LTV reduced by 0.18% • Tracker rates start from 4.29% • 2 year fixed rates start from 4.59% • Interest Only loading 0.40% across the range • FTB completion fee up to 80% LTV £1,995 • Small Loan Loading has been removed Terms & Conditions apply to some criteria. Please speak to AToM for further details. CURRENT PIPELINE To obtain the current rate and range of products: - All IDOL DIPs must be completed by AToM by 5.30pm on Thursday 3/2/2011 - AToM must receive full applications by close of business on Friday 11/2/2011 - Cases must be offered by close of business on Friday 11/3/11 There will be no exception to these rules To request a DIP - CLICK HERE To see the current products - CLICK HERE |
| 14/01/11 - AToM's New Year Newsletter |
The Directors have had their say! - Happy Birthday AToM! - RDR and MMR... - 2011 wishes Read their views and thoughts - CLICK HERE Please be patient as this will open in a pdf format. |
| 07/01/11 - AToM has £10m to lend! The Sale starts today! |
A lender on the AToM Complex Prime panel wants to lend £10m asap!They will consider many different Complex Prime scenarios for customers with a clean credit history: - Residential 70% LTV - Buy to Let 60% LTV - Must be able to prove affordability - Min loan £100k - Refund of valuations up to £350 - Most ages considered (above 18!) - Earn a further proc fee by using a conveyancer on the AToM panel - However Complex, lender will consider any reasonable proposition We need to utilise these funds, so please do call asap with your enquiries and mention Complex Prime! For Complex Prime examples - CLICK HERE |
| 03/11/2010 - Portal Portfolio launch Exclusively via AToM |
A new secured loan lender, Portal Portfolio, has launched today, allowing borrowers to simultaneously invest in a pension fund and obtain a secured loan.The loans will be offered exclusively through All Types of Mortgages (AToM) and brokers will receive upto 4% of the loan in commission for referrals The lender is aimed at anyone who has a self-invested personal pension or SSAS pension and is looking for a secured loan. The pension fund provides the funding for Portal Portfolio to offer secured loans, offering a guaranteed 4% return. Tim Moore, managing director of Portal Portfolio, says; “This is an exciting product as it allows both investors and borrowers to benefit from attractive rates. “Obviously it won’t be appropriate for everyone, but for those people with sizeable investments in their pension, who are also looking to borrow money for anything from commercial reasons to home improvements it’s particularly attractive. “At 4% the pension fund offers good returns, which are ring-fenced so we expect the concept of collective funding a lending facility to appeal to both the borrowers broader individual and institutional investors.” Vic Jannels, group chairman of AToM, says: “The product has a clearly defined market and will appeal to the thousands of professional people who may have significant sums tied up in both their property and pension schemes. The collective nature of this investment allows borrowers to achieve good returns on their pension and at the same time borrow at competitive rates.” For more information click here , please call 0845 4040 240 |
| 28/10/10 - A lender wanting more business! |
Of late, it's rare for a lender to contact AToM and request more business, but it's just happened!This particular lender is on the AToM Complex Prime panel and specialises in: - Non credit scoring - 65% Residential, 60% Buy to Let - Clean, affordable, can be Complex! Call us now with your enquiry to see how we can help. |
| 19/10/10 - Our number 1 lender - have you tried igroup yet? |
Key highlights with igroup:- LTVs to 80% LTV on LVM0/LTM1/LTM2 products (75% Interest Only) - Fixed rates from 4.09% - Some adverse accepted - Purchase or Remortgage - Legal fees free on Remortgages if igroup solicitors used - Lifetime Tracker from 4.01% with just 1 year ERC - 5 Year Fixed Rates available - FTB acceptable - Employed Only - Send us a DIP now - it's a soft footprint with igroup Remember, AToM pay 0.35% on igroup residential mortgage products. To review the new product guide - CLICK HERE To apply online, click the DIP button above. |
| 08/10/10 - Exceptions via AToM |
Over the last few weeks, lenders have become somewhat more helpful when looking at cases that don't fit the normal mould. This includes higher income multiples, higher loan amounts, non standard mortgage arrangements and more. AToM prides itself on being able to place most cases, so please do give us a try. Submit a DIP online, or call us on the number above. We look forward to being of assistance to you. |
| 04/10/10 - Get your clients credit search at the outset |
As lenders tighten criteria and cases become harder to place, carrying out numerous AIPs with various lenders can be damaging to your clients profile.The quick solution to this is to get the client to obtain their own credit search at the outset. Experian offer a 30day free trial and the client can email you their full credit search in a pdf format. You can then forward this to AToM and we can assist in getting your client the mortgage to suit their requirements from day one. Give your clients the link - www.atomltd.co.uk/experian.html |
| 28/09/10 - Paragon choose AToM |
AToM are delighted to be one of the distributors for Paragon Mortgages relaunch into the market.Paragon has launched a range of buy-to-let mortgage products targeted at professional landlord investors offering facilities such as limited company buy to lets, multi-unit blocks and Houses in Multiple Occupation. Two-year fixed rates are available at 5.30% up to 65% LTV and 5.50% up to 75% LTV. Both come with a 2% fee. Trackers are available up to 75% LTV starting from 4.30%. Please call for more information. |
| 20/09/10 - New Commercial Exclusive |
- Offering up to 70% of the going concern value for established business purchases. - Business types such as Convenience stores, B&B's, Post Offices and more.. - Must be able to demonstrate 3 years profitable accounts with the clients having a clean credit history 3 year fixed - 4.40%, 5 year fixed - 4.75%, 10 year fixed - 5.05% Send us an enquiry - CLICK HERE or call 0845 40 40 240 |
| 17/09/10 - LBG reduce Buy to Let numbers |
From 25 September, Buy to Let property portfolios will be limited to a maximum of 3 properties, or £2m worth of lending (whichever is exceeded first), across Lloyds Banking Group. At the same time, Buy to Let products will no longer be available via intermediary channels through either the Cheltenham and Gloucester or LTSB Scotland brands.The changes will be effective from close of business on 24 September. |
| 20/08/10 - BM remove FTB Buy to Let option |
We are aware that BM Solutions will be making product changes Sunday 22/8/10 and will withdraw the option for FTBs to have a Buy to Let.If you would like to secure applications on the Buy to Let range for First Time Buyers: Please ensure all DIPs are completed via AToM by Saturday 21/8/10 MIDDAY DIPS can be submitted via the AToM website, MBL, Trigold or faxed to 0845 40 40 350. We understand that DIPS will need to be converted to full applications by Saturday 21/8/10 - 4pm (we're open 10-4pm on Saturdays!). Please submit full applications ASAP in order for us to meet deadlines. To complete an AToM DIP - CLICK HERE |
| 28/07/10 - Last chance to Vote! |
It's your last chance to rate the providers you do business with. The Financial Adviser Service Awards 2010 voting period ends on Friday 30th July. These awards have, over the past 20 years, established themselves as the benchmark for provider service levels in our industry.In 2009, we were awarded 3 stars, an improvement on 2008. We'd like to go one step further in 2010, so we would be really grateful if you could vote for AToM. To vote - CLICK HERE |
| 27/07/2010 - Cheshire make changes..... |
Cheshire Mortgage Corporation:- LTV increased to 75% (available with 1 demerit) - Rates reduced on all plans now from 9.5% - All property types accepted including standard and non-standard construction properties. - Demerit criteria enhanced - Mortgages from £10,000 - £200,000 plus - Max Loan and Max LTV on Valuation Bypass Schemes increased - Minimum acceptable income thresholds increased - Commission amended - Discounted rates not available To see the product guide, CLICK HERE |
| 21/07/2010 - AToM launch with Bank of China |
AToM are delighted to be appointed to the Bank of China approved distribution panel.We can now offer lifetime tracker rates on Residential, Buy to Let and Commercial finance starting from 2.80%, 3.88% and 4% respectively. NOTE - KFIs available via Trigold or Mortgage Brain only. For product criteria - PLEASE CLICK HERE For a dip form - PLEASE CLICK HERE |
| 09/07/2010 - AToM wins BMA! |
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We are delighted to announce that AToM won a British Mortgage Award at the 2010 awards ceremony held in London on Tuesday.See the VIDEO - Page 31 - CLICK HERE Dale Jannels, Director, AToM, was awarded Business Leader, Specialist Distribution. Jannels commented "I'm elated to win this award, it was a real surprise. I'd like to thank everyone who has voted for me and I dedicate this to the exceptional team we have at AToM. Without their hard work and commitment, we would not be where we are today." Sir Geoff Hirst MBE presented the award along with Mortgage Solutions Editor Vicky Hartley - Click here |
| 25/06/2010 - AToM are open on Saturdays! |
AToM are open on Saturdays from 10am to 4pm.Dale Jannels, Director, AToM commented "As business levels increase once more, we are delgihted to be open for business on Saturdays. Many of our Estate Agent and Mortgage Broker introducers are open on Saturdays, so it's only right we are on-call to offer assistance for specialist and complex enquiries that need placing." |
| 16/06/10 - AToM added to TMA approved packager panel |
AToM are delighted to be added to The Mortgage Alliance (TMA) approved packager panel to offer Packaging, Commmercial Finance and Complex Prime to all their members.
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| 14/05/2010 - AToM launch Exclusive Commercial Product |
AToM are pleased to announce an exclusive Commercial Finance product:- Up to 55% of the land value or purchase price and 50% of build costs - Experienced Builder only - CV needed - Clean credit and provable income - Rates from Base + 4% - Lenders arrangement fee of 3% with no exit penalties - Maximum term of 12 months with interest roll up available - Build costs released in stage payments For more information, please call our Commercial team on 0845 40 40 240 |
| 19/04/10 - Last chance to apply for Self Emp plans with igroup |
igroup will be withdrawing their product range for the self employed at 5.30pm tonight.Being withdrawn (and not replaced): to 60% LTV - 4.64% discount, 4.94% 2yr fixed, 5.74% 3yr fixed to 70% LTV - 5.89% discount, 5.99% 2yr fixed, 6.69% 3yr fixed DIPS TO BE WITH AToM BY 4.30pm TODAY Fully packaged deadline - 4/5/2010, Offered by deadline - 25/5/2010 To view the CURRENT range - Click HERE To view the NEW RANGE live 20/4/2010 - Click HERE |
| 12/03/10 - Drawbridge select AToM to distribute products |
AToM is delighted to have been selected as one of a few Key Partners to distribute the range of products available from Drawbridge Finance.These include Residential and Commercial Bridging, HMOS and Refurbishment Loans. To find out more, please CLICK HERE |
| 09/03/10 - MI/MN add AToM Complex Prime |
Mortgage Intelligence Holdings has launched AToM complex prime onto its panel for all members of Mortgage Intelligence and Mortgage Next.AToM complex prime offers advisers an alternative route to placing business which may otherwise be declined due to lenders ‘credit scoring’ DIP systems. With funding from five lenders and deals available up to 75% LTV, AToM’s team of underwriters will make assessments based on the overall merit of an individual case. Sally Laker, managing director of Mortgage Intelligence Holdings, says: “We’re delighted to be the very first networks and mortgage clubs to have access to AToM Complex Prime and are certain that our members will find real value in this offering. “AToM will consider good, clean cases with justifiable income that would otherwise be declined at DIP stage, offering a much needed opportunity for advisers to get the deal through. Maximising each and every piece of business is essential and if AToM can help place business that would otherwise be declined then it’s a win-win for advisers and their clients. I look forward to continuing to work closely with the AToM team and applaud them for their continued innovation in today’s market.” AToM have a dedicated website for Mortgage Intelligence and Mortgage Next members at www.misps.co.uk |
| 01/03/10 - Mortgage Strategy Caption Competition, bit of fun! |
In this weeks Mortgage Strategy - All Types of Mortgages' Dale Jannels with Boy George at the recent Mortgage Strategy Awards. Submit a witty caption for the right hand photo and you will be automatically entered into Mortgage Strategys prize draw to win a super-stylish MontBlanc Rollerball pen. Remember, the funnier it is, the more likely you are to win. What are you waiting for? Email only printable captions (by 3/3/10) to mortgage.strategy@centaur.co.uk or to apply online go to www.MortgageStrategy.co.uk |
| 25/02/10 - AToM wins 'Best Specialist Distributor' |
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AToM is delighted to announce they were awarded 'Best Specialist Distributor' at the prestigious Mortgage Strategy Awards on Wednesday night, held at the Grosvenor, Park Lane.Dale Jannels, Director picked up the award on the night and commented "We are astounded to be picking up our second award in a week! The Mortgage Strategy awards are one of the most recognised awards in our industry and we are so grateful to our introducers and peers who voted for us. Diversification has been key to AToMs longevity and this award is justification that we appear to be getting things right and our offerings are attractive to our intermediary partners. We are incredibly grateful and proud!" For the full list of Award Winners, please click here Jannels picked up the award from Phil Rickards, Head of Sales for BM Solutions and Alun Cochrane, Comedian and star of 8 out of 10 cats. To see the picture, Click here |
| 22/02/10 - AToM wins best packager - MyIntroducer.com Awards 2010 |
AToM has been awarded "Best Mortgage Packager" by the MyIntroducer.com awards 2010.MyIntroducer.com awards are the only financial services awards programme decided by the industry's vote only. Dale Jannels, Director commented "We are thrilled to be voted the winner in this category and thank everyone who took the time to vote for AToM. We have a superb team at AToM and this is in recognition of their hard work." To see the full list of winners, PLEASE CLICK HERE |
| 05/02/10 - More Complex Prime Placements! |
Complex Prime is a growing market. AToM has successfully placed the following scenarios this week:1) S/E Income £32,000 rental £6,900 & £30,000 from two unencumbered properties. Wishes to raise £200,000 on Interest Only for as long as possible. Aged 63. Asset rich. 2) Income from the following sources Disability Living Allowance x £3377 pa, Care Allowance x £2756 pa, Income Support x £12769 pa, Child Benefit x £1664. The benefits have been paid for the last 11 years. The clients are moving and a require a mortgage of £75k on a purchase price of £170k (44% LTV) with the equity coming from the sale of their current home. 3) Value £6-£7million, Current mortgage £2.5million. Looking for better rate than 4.84%. Long payment history of maintaining £2.5m loan. Problem with last years account not showing much profit. Draws Large Dividends. And many many others.. If you have a case that is of a Complex Prime nature, please call us, or submit a DIP. |
| 03/02/10 - Like what we do? Please leave feedback |
Cherry is the essential portal for Mortgage and Financial intermedaries. On their site, not only do they have a great forum for intermediaries, but they also provide a facility which enables you to leave feedback on any lender, network or packager that you deal with. We'd be grateful if you would take a couple of minutes of your time to register your feedback (preferably positive!) on your experiences with AToM. To register your feedback, please CLICK HERE Thank you in advance. |
| 22/01/2010 - Complex Prime on the increase! |
We now have four lenders signed up exclusively to the AToM Complex Prime proposition.One lender has also allocated AToM a tranche of £10m for 2010. Complex Prime is most definitely on the increase as the high street lenders 'tick box' credit scoring systems continue to cause frustration across the industry for declining seemingly straight forward applications. AToM has always had a history for placing cases that do not fit the normal mould and Complex Prime is our way forward. If you have cases that have been declined by the high street for no apparent reason (must be prime), or you have cases that need manual underwriting, please call us or complete a dip online. We have lenders who are willing to assist! |
| 14/01/10 - AToM Complex Prime case scenario |
Over the coming weeks, we will be posting examples of cases that have been placed successfully on the AToM Complex Prime proposition. If you have any Prime cases that are in need of a manual review, please contact us.RECENTLY PLACED EXAMPLE - Family Trust wish to purchase property for daughter to live in. Daughter has special needs. Property value £170k. Mortgage required £50k. Trust formed to assist daughter. Trustees are parents with good income joining in as guarantors. Rate SVR at 4.54% with a fee of £1k. |
| 17/12/09 - Got a complex case? AToM may be able to help... |
AToM has always been renowned for dealing with complex cases. We are going down this road again. However we’re now also including those that don’t fit the high street, doesn’t fit the normal mould, or fails credit score for no apparent reason (they must be clean and full status). We have three lenders (no, we’re not saying their names!) who will review on a bespoke basis. If the case is good, they will do the deal and offer a very competitive interest rate. We’re going back to basics with lenders who have an appetite, so give us a call! |
| 09/12/09 - Cheshire Suspend Self Employed Plans |
We have just received the following from Cheshire:"Cheshire Mortgage Corporation continues to experience greater than anticipated volumes of business as a result of Beacon’s decision to withdraw from the mortgage market. This is having an adverse affect on our service levels. We endeavoured not to over commit our resources in November and decided to suspend some of the Cheshire Mortgage Corporation plans for a temporary period. As the anticipated volumes have already been exceeded, to manage the levels of business efficiently, with immediate effect we have decided to extend this suspension to all Self-employed applicants. Only clients that derive an income from employment, DSS benefits or pensions will be accepted, and only income from these sources will be accepted for the purposes of affordability. Pipeline Business - Due to the sharp rise in business volumes the suspension of Self-employed applicant plans also applies to any current pipeline business which unfortunately we will not accept with immediate effect. Pre-offer cases - Any pre-offer cases with Self-employed applicants will be declined, unless the clients can afford the mortgage based on employed, DSS benefit or pension income. Post-offer - Any post-offer cases with Self-employed applicants will be reviewed over the next few days and you will be notified of a final decision." For more information, please contact AToM on 0845 40 40 240 |
| 24/11/09 - Cheshire suspend certain plans |
UPDATE FROM CHESHIRE - As a result of Beacon’s understandable decision to withdraw, over the past few days we have had sizeable commitments of increased volumes, as I am sure you would expect. This will naturally have an adverse affect on our service levels and efficiencies. As we endeavor to ensure we do not over commit our resources, after careful consideration, we have decided to suspend some of the Cheshire Mortgage Corporation plans for a temporary period, with immediate effect. - The 6 & 8 Demerit Plans - Customers with IVAs, Bankruptcies or in a Debt Management Plan - Right to Buys - The 50% LTV with 3 demerits Shared Ownership plan - Single applicants who are self employed - Family Occupied Buy to Lets and Semi-Commercial Current pipeline business will be accepted; however from today onwards any new business produced on these plans will not be accepted until further notice. |
| 28/10/09 - AToM win MFG TCF Award 2010! |
At last night's Mortgage Finance Gazette Awards, AToM was very proud to be awarded:Excellence in Treating Customers Fairly – Non Lenders Mortgage Finance Gazettes website - www.mfgonline.co.uk - stated: The winner is mortgage packager AToM for maintaining good customer service to its broker clients during a difficult year. Nominations stated that AToM looks after its brokers and their clients, the company cares, and is always helpful and professional. On a practical level the paperwork is clear and understandable and they have a good range of products. From all the team at AToM, thank you for voting for us - we really appreciate it. |
| 12/10/09 - Article in todays Press |
We have noticed this morning of some news re the FSA banning a broker called Ayodele Olubunmi Thomas, a director and approved person of Atom Associates.The last line of the release also states that 'Thomas also conducted business as Divine Mortgages, a trading name for Atom.' For clarity - this individual and 'Atom associates' are IN NO WAY linked or have a relationship with AToM (All Types of Mortgages Ltd), Horsham. Any questions, please contact Dale Jannels, Sales & Marketing Director, AToM on 0845 40 40 240. |
| 27/08/09 - Why use AToM? |
Find out why AToM are one of the UKs leading mortgage packagers/distributors and how we can assist you and your clients.To review our introducer pack - click here |
| 11/05/09 - AToM on MTE |
Did you know you have the ability to access an ATOM DIP and Application form via the Mortgage Trading Exchange (MTE)? For those brokers who have completed a factfind within The Key, an MTE supported Point of Sale system, or Mortgage Brain and then sourced an AToM product, all this information is automatically available to pre-populate our DIP or Application form.MTE offers you: - The ability to make sales in your customers home or office, as its offline - Electronic access to AToM products and underwriters - The ability to send us cases other lenders have declined, utilising most of their data PLEASE CLICK HERE TO BE REDIRECTED TO MTE |
| 15/12/08 - Please spare 30 seconds! |
We would be grateful if you could spare 30 seconds to complete our survey. Click here
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| 22/05/08 - AToM wins Business of the Year |
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AToM are pleased to announce that they have been awarded "Business of the Year" in the West Sussex County Times Business Awards 2008.
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| 01/05/08 - AToM win another award! |
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AToM are pleased to announce that they have been awarded the Financial Adviser Best Mortgage Packager 2008.
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| 16/04/08 - AToM awarded Best Packager 2008! |
AToM are pleased to announce they have been awarded Mortgage Solutions Best Packager 2008 in their Online Technology Awards.Thank you to everyone who voted for us, another great reason to use AToM! To view the awards supplement click here. AToM can be found on page 15. |
