Together Money

Real decisions based on real life

Residential Mortgages

Together consider mortgage applications from a variety of people and make sensible decisions about whether repayments are affordable, looking at the actual facts and real situations. It means those who are self-employed, claim benefits, or who have other sources of income, could get a mortgage.

**November 2017 Product Update**

  • Consumer BTL
  • Max Loan at 50% LTV increased from 500K to 2,000,000
  • Min Valuation Criteria Removed (on Prime range)
  • Variable Rates reduced by 0.50% on Medium and Heavy ranges
  • Right to Buy
  • Prime variable rates reduced from 6.37% to 4.85%
  • Prime 5 year fixed rates reduced from 7.12% to 5.60%
  • Prime max loan increased from 500K to 1,000,000
  • Shared Ownership
  • Prime Variable rate reduced from 6.37% to 5.99%
  • Prime 5 year fixed rate reduced from 7.12% to 6.74%
  • Light Range rates reduced by up to 1.0%
Together's Key Residential Features:
  • Capital and repayment or interest-only available
  • Loans from 3,000 to 250,000 (250,000+ by referral up to 60% LTV)
  • Terms from 3 30 years
  • Up to 75% LTV
  • Impaired credit accepted
  • All property and construction types considered
  • Minmum age of 18 (at application) and maximum age of 85 (at end of term)
  • Right to buy up to 100% of the discounted purchase price
  • Shared Ownership up to 100% of the share value
Together's Residential Adverse:
  • Up to max 6 "demerits" accepted
  • Unsatisfied Defaults/CCJs 300 - 10,000 = 1 demerit
  • Satisfied Defaults/CCJS over 3,000 = 1 demerit
  • Maximum worst status 3 on secured arrears in
  • No declining unsecured credit in 6 months
  • Bankruptcies, IVAs and Debt Management Plans are not accepted
  • Ignore all adverse registered over 12 months ago
  • Ignore all defaults and CCJs < 300 and < 3,000 if satisfied

BTL Mortgages

Together were one of the first lenders to offer second charge as well as first charge buy to let mortgages, and continue to help people create and build portfolios. They consider most income sources including projected rent and can work with many status profiles from clients with a perfect credit rating to those who don’t. They’ll consider every application on its own merit and finance properties regardless of structure, age or valuation.

Together's Key BTL features:

  • Capital repayment and interest-only available
  • Mortgages from 5,000 to 500,000
  • Mortgages over 500, 000 may be available by referral
  • Terms from 4 to 30 years (4 - 15 years on interest only)
  • Minimum valuation 50,000
  • Available to Individuals, Ltd Companies and Expats
  • All property and construction types considered
  • Impaired credit profiles accepted
  • No six-month minimum ownership period
  • No minimum income requirements
  • Projected rent considered
Together's Buy to Let Adverse:
  • Up to max 6 "demerits" accepted
  • Unsatisfied Defaults/CCJs 300 - 10,000 = 1 demerit
  • Satisfied Defaults/CCJS over 3,000 = 1 demerit
  • Maximum worst status 4 on secured arrears in
  • Bankruptcies, IVAs and Debt Management Plans subject to underwriter referral
  • Ignore all defaults and CCJs < 300 and < 3,000 if satisfied

Bridging Finance

Together understand the importance of speed, and their internal systems and external relationships with surveyors and solicitors are geared for a fast response. First and second charge bridging loans are available for amounts from 26k and up to 100% funding can be considered with extra security.

Together's Key Unregulated Bridging Features:

  • Bridging and Auction Finance for investors looking to acquire residential or commercial investment properties
  • Loans up to £500,000 (up to £5 mil by referral)
  • Loans from £26,000
  • Minimum valuation of £50,000
  • Up to 75% LTV available (up to 100% with additional security) on Residential
  • Up to 70% LTV available on Commercial
  • Residential rates from 0.65% per month
  • Commercial rates from 0.95% per month
  • Free residential valuation schemes available
  • Available to "non-prime" borrowers
  • Available in England, Scotland and Wales

Together's Key Regulated Bridging Features:

  • For Owner-Occupiers, whatever their needs
  • Loans up to £2,500,000
  • Loans from £10,000
  • Minimum valuation of £70,000
  • Up to 70% LTV available
  • Terms up to 12 months
  • Rates starting from 0.49% per month
  • No income or affordability proof required
  • Available to "non-prime" borrowers
  • Available in England, Scotland and Wales

Commercial Mortgages

Property deals come in all shapes and sizes. Together are one of a few lenders offering second charge commercial loans for any purpose. They can provide loans secured against many property types or land, including those with no planning or agricultural restrictions. They also allow many income sources, including limited companies, sole traders and partnerships.

Together's Key Commercial Mortgage Features:

  • Capital and Interest and Interest Only options available
  • Available to Ltd companies, LLPs, Partnerships and Sole Traders
  • Available on Residential, Semi-Commercial, Commercial Properties and Land
  • Loans from £26,000
  • Rates from 7.90%
  • Up to 75% LTV (60% on Credit Repair Range)
  • Cross charging across multiple-properties

To discuss Together Money's Residential or BTL Ranges call our sales team on 01403 272625 (option 2) or email us at sales.team@atomltd.co.uk.

To discuss Together Money's Bridging or Commercial Ranges
call our Bridging and Commercial team on 01403 272625 (option 4) or email us at atomcommercial@atomltd.co.uk