Latest News

05/07/2020 - Tipton withdraw 85%

Tipton have withdrawn their 85% Fixed Rates as at close of business Friday and whilst they will replace these products they are going to delay their release in the short term.

As a consequence of lending throughout lockdown (and at relatively high LTV for extended periods) they have a built a strong pipeline, but this high demand and lockdown, which prevented physical valuations on a large percentage of this business has created a backlog which is now compromising their service standards, so they want to ensure this is cleared before returning with any new products.

Any DIPS will be honoured, please submit full apps to impact ASAP. 

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02/07/2020 - FHL reduce rates

Foundation Home Loans have made a number of changes to their product offerings.  These include:

Residential

  • Pound for pound remortgage with NO income LTI cap
  • Interest only affordability calculated on an interest only basis
  • Self-employed - latest 1 years accounts accepted and retained profits considered
  • Broader amount of income types and higher percentage of incomes are now accepted, for example up to 100% bonus and commission, 100% investment income are now accepted
  • No minimum time in current job, minimum 3 months employed
  • Capital raising for buy to let is now allowed
  • Up to 80% LTV

Buy to Let

  • Selected BTL products reduced by up to 0.4%
  • Short Term Lets are Back at 75%
  • Large Loans are Back at 2m at 65%
  • Day 1 Re-mortgage is Back
Call the impact help desk to find out more or to place an enquiry.  BUT BE QUICK, as some of these great options may not be round for long...

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01/07/2020 - Precise withdrawing BTL

On Thursday 2nd July Precise are launching a new range of Buy to Let Mortgages.

To secure a product from the current range you must fully submit your application before 8pm on Wednesday 1st July.

Speak to the impact help desk for assistance, or if going direct, choose IMPACT as your submission route!  

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01/07/2020 - Kent withdraw products

To secure a product from the current range, an AIP needs to be submitted by 8pm today (Wednesday 1 July) - PACKAGERS ONLY.

Fully packaged cases including the valuation report must be received by 8pm on Thursday 16 July. Please note, we will not be able to start underwriting the cases if you have not uploaded all the essential documents listed in the portal. 

Call the impact help desk for assistance ASAP


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30/06/2020 - Foundation making changes

Foundation are making some exciting changes to their buy to let range this Thursday 2 July.

Amongst other changes, they will withdrawing a number of 2 and 5 year fixed products which will be replaced with rates reduced by up to 40 basis points.

Any DIPs on existing products will need to be received by 7pm on Wednesday 1 July

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25/06/2020 - Precise into Wales/Scotland

In addition to England, Precise are delighted to announce that as per new COVID-19 guidelines, they can now progress cases across their lending products within Wales from today and Scotland from Monday 29 June. These will be processed using physical valuations.

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25/06/2020 - Kent launch tax guides

Do you want to know the latest insights about professional landlords and the key considerations they face regarding tax changes? 

Well, you are in luck! Kent Reliance for Intermediaries has worked with EY to produce a brand new guide.  It provides detail on such areas as:

      • Capital gains tax
      • Stamp duty land tax (SDLT)
      • Inheritance tax
      • Income tax and corporation tax
      • Annual tax on enveloped dwellings (ATED). 
      • Examples of corporate ownership tax position

Download the guide today to ensure you can use these insights in conversation with your professional landlord clients. Click Here

Remember: individuals should always seek professional tax advice.

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19/06/2020 - Saffron withdraw 90 / 95% LTV

2.30pmthe following products will be withdrawn from sale at close of business this evening 5pm (19 June):

  • 3.17% fixed until 30.11.2023 First Time Buyer 95% DR0778
  • 3.27% fixed until 30.11.2025 First Time Buyer 95% DR0779
  • 2.77% fixed until 31.10.2025 Owner Occupied 90% DR0782

DIPs that are submitted prior to the withdrawal will be able to progress through to application.

We thank you for your support and interest in the range and hope to have further products back on the market soon


9 am - From Saffron - "following the success of our limited availability mortgage products, the following products have now been withdrawn from sale.

- 3.07% fixed until 30.11.2022 First Time Buyer 95% LTV

- 1.97% fixed until 31.1.2022 Owner Occupied 95 LTV

DIPs which have already been submitted can be progressed through to application."

Please send over DIPS asap VIA THE IMPACT PORTAL on the 3 and 5 years, as we believe these will be withdrawn shortly also! 


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17/06/2020 - Saffron launch 95% LTV

Saffron are pleased to announce new and improved mortgage products for First Time Buyers, all available up to 95% LTV for a limited time only!.  

Their fixed rate products are perfect for clients looking to buy their first home, who have a limited deposit.
  • FTB 3.07% Fixed until 30.11.2022
  • FTB 3.17% Fixed until 30.11.2023
  • FTB 3.27% Fixed until 30.11.2025
  • FTB Joint Borrower Sole Proprietor (JBSP) 3.47% Fixed until 30.11.2025
Product Criteria
  • Free valuation
  • Minimum age 21
  • Repayment only
  • Max LTV 95% inclusive of fees
  • Minimum loan size: 30,000
  • Maximum loan size: 500,000 (Up to 1m within the M25 subject to max 90% LTV and underwriter assessment)
  • 99 processing fee applies
  • No maximum property value / Minimum property value is B#100,000.
SEND IN A DIP ASAP VIA THE IMPACT PORTAL - THESE WILL NOT BE AROUND FOR LONG!

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11/06/2020 - FHL no ERC BTL

Foundation Home Loans have made a series of changes to their BTL range including reduced rates and a new five year fixed fee product.

Changes being made today include:

  • Rates have been reduced across our Buy to Let Range by up to 50 bps
  • HMOs and Multi Unit Blocks are now available to 75% LTV
  • A new five-year product with a fixed fee of 1,995
  • Extension of our end dates to 31/10/2022 for 2 year products and 31/10/2025 for 5 year fixed rate products
** FHL have also launched a Packager Exclusive NO ERC range, up to 75% LTV, rates from 3.34%, up to 1.5m and 2% fee added. **

See the FHL lender page for full product information.  http://www.impactpackaging.co.uk/intermediaries/lenders/Foundation_Home_Loans/

Call the impact team to find out more or to discuss an enquiry.

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11/06/2020 - HTB to increase rates

HTB will increase their lending rates for both Buy to Let and Semi Commercial products effective from Monday 15th June.

As you will appreciate, they closely monitor lending and market conditions in order to offer competitive service and products.  As part of their commitment to you, they will always endeavour to give at least 2 days notice in advance of any rate increases to help you manage your business.

From Monday, their rates will increase by 0.25% for all Specialist Mortgages Buy to Let and Semi Commercial products. 

Please contact the impact help desk for assistance with DIPS or Applications.

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10/06/2020 - Tipton withdraw 90% LTV

"As a direct consequence of so many lenders exiting the 90% market this week, to control our exposure we have now been forced to withdraw our remaining 90% discounts with immediate effect.

I would advise products codes D594 and RMD195 have been withdrawn, applications on any previously agreed DIPs will continue to be accepted until close of business Monday 15 June."


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10/06/2020 - Pepper restrict criteria

We continue to see an increased demand across our range from a growing number of customers with complex circumstances. These changes will allow us to offer simple solutions for many, whilst balancing our current credit risk and volume appetite to enables us to maintain a high level of service.  

Here are the headlines of the changes:

  • Launch of a new Pepper Light range for customers with no CCJs and withdrawal of all Pepper 6 products
  • Full range re-price with rates now starting from 3.70% and withdrawal of all Free Valuation Products and all 0 completion fee options
  • Withdrawal of payable legal options on remortgages where our free standard legal package is available.
  • Withdrawal of all 75% max LTV products from Debt Management Plan range
  • Residential completion fees now 1,295
  • Withdrawal of Limited Edition BTL ranges for Standard and Ltd Company Landlords
  • Maximum 2,500 total value of CCJs per application and no unsecured missed/late payments accepted in the last 12 months
For all enquiries, please speak to the impact help desk on 01403 27 26 25.

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10/06/2020 - Zephyr up to 75% LTV

Following an extensive update to our product range, we are now offering Standard products to 75% LTV and Specialist products to 70% LTV

Key criteria highlights

  • Standard products available up to 75% LTV, with Max Loan size of 1m to 70% LTV and 750k to 75% LTV
  • Specialist products available up to 70% LTV, with Max Loan size of 750k - including New Build properties within the M25 
  • (Max Loan size for New Build properties outside the M25 is 500k)
  • Rates start from 3.19% (2yr Fixed Standard to 60% LTV)
  • No upfront application fees across our entire product range (other fees and costs apply)
  • HMO, MUFB, FAC and New Build products available
  • No minimum income for Standard applications, 25k gross for professional landlords
  • Physical property valuations via Connells.
Call the impact team to find out more!

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09/06/2020 - Pepper make changes

Pepper are making some changes to their Residential and Buy to let mortgage ranges from 6pm tonight.

Full details of the change including a new range of Pepper Light products, for clients with no CCJs will be communicated to you Wednesday 10th June.

To secure one of Peppers existing products, please ensure you have progressed any cases to DIP Illustration produced status with product selected by 6pm tonight.  The Full Mortgage Applications for those cases must be submitted with fees paid by 6pm on Thursday 11th June. They will not be able to honour any cases that miss these deadlines.

Speak to the impact team for assistance.

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09/06/2020 - Fleet launch 75% LTV

Fleet are withdrawing all products tonight at 5pm.  All DIPS and Apps must be submitted by 5pm to secure current deals.

New products will be launched on Wednesday 10th June up to 75% LTV.

More to follow..

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08/06/2020 - Interbay large HMOs

InterBay Commercial is now accepting HMO and MUFB applications on properties of up to 20 bedrooms/units.  

Key criteria:

  • LTV up to 70%
  • Max loan size 1.5m (higher amounts considered by referral)
  • Available as purchase or remortgage
Please note that additional underwriting may apply, as portfolios will need to be assessed to understand liquidity position, tenant profiles will need to be examined and additional information may be required

Speak to the impact help desk to find out more.

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08/06/2020 - HTB BTL with 2 yr ERCs

Hampshire Trust Bank has launched a new five year product, with two year ERCs.  It allows brokers to offer the best of both worlds to their clients. The borrower can get the certainty and leverage provided by a five-year fix with the flexibility of a two year ERC. This enables more control in managing their portfolio as plans change and opportunities arise.  Products are available up to 75% LTV.

Speak to the impact team to find out more.

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04/06/2020 - Pepper change criteria

At Pepper Money we believe its important to be transparent about how we assess your clients applications. Due to the on-going effects of COVID-19, we have made some changes to our underwriting requirements.

We do not accept applicants who are:

  • Currently in receipt of Coronavirus Job Retention Scheme (CJRS)
  • Currently in receipt of the Self Employment Income Support Scheme
  • On a mortgage payment holiday with their current lender:
  • Applying for a Buy to Let purchase product 
  • Applying for a Let to buy product

Our requirement for Self-employed applicants is full business accounts:

SA302s will only be accepted in addition to the full business accounts. SA302s are not acceptable  proof of income on their own but will be requested where the accounts have been prepared by an accountant who does not appear on our list of accepted qualifications. We may also request them to confirm dividends which do not appear in the business accounts.

In addition we have further requirements to confirm mortgage and rental payments for re-mortgage applicants:

For Residential remortgage applications, we will require you to verify that your customer is not experiencing financial difficulty and is able to meet their monthly repayment. Please supply a copy of the latest bank statement evidencing payment of the last months mortgage payment.

For BTL re-mortgage applications, you will need to verify that your customer has been receiving rental payments from their tenants. Please supply a copy of their bank statement evidencing receipt of the rental payment for the last month, in addition to a copy of the AST

Remember, all applications will continue to be manually underwritten and we will be taking into account the current economic environment. This is likely to lead to an increase in questions and/or evidence requested.

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03/06/2020 - Kensington back to 80% LTV

Kensington make changes to their Residential and BTL ranges including:

RESIDENTIAL

  • NEW 80% rates across our Select, Core, Young Professional and Heroes ranges
  • Reinstated New Build applications
  • Reintroduced HTB  with 75% LTV

 BUY TO LET

  •  Resuming purchase applications 

Speak to the impact help desk to find out more or to discuss an enquiry.

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03/06/2020 - Furlough updates from OSB

OSB release updates on Furlough Staff criteria - We know that many of your customers will have been placed on the furlough scheme, and may be concerned about how this will affect their suitability for mortgage applications.
 
As part of our ongoing commitment to supporting you during these unprecedented times, here is how we can help your residential and buy to let customers receiving furlough income:

Kent Reliance

Residential criteria
  • Furlough income accepted - 80% of income to a maximum of B#2,500 along with any evidenced employer top-up over and above this amount
  • For those on the Self Employed Income Support Scheme (SEIS), current income will be used for affordability purposes where evidenced
  • Bounce back loans and coronavirus business interruption loans are not acceptable as a source of deposit
Buy to let criteria
  • Where the landlord has income that is unrelated to buy to let, and is in receipt of furlough/SEIS income, the application can be considered
  • Bounce back loans and coronavirus business interruption loans are not acceptable as a source of deposit
  • At this stage we continue not to accept applications requiring the use of personal income
Precise Mortgages

Residential criteria
  • Furlough income accepted - 80% of income to a maximum of B#2,500, along with any evidenced employer top-up over and above this amount  
  • For those on the Self Employed Income Support Scheme (SEIS), current income will be used for affordability purposes where evidenced
Buy to Let criteria
  • Where the landlord has income that is unrelated to buy to let, and is in receipt of furlough / SEIS income, the application can be considered 
  • Bounce back loans and coronavirus business interruption loans are not acceptable as a source of deposit
  • At this stage we continue not to accept applications requiring top slicing
Interbay

Buy to let criteria 
  • We are happy to accept applications from companies and individuals in receipt of bounce back loans and CBILS but please note we will not accept them as a source of deposit
  • Where the landlord or applicant has income that is unrelated to buy to let, and is in receipt of furlough / SEIS income, the application can be considered 

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02/06/2020 - Tipton launch new exclusives

Tipton have launched two new semi-exclusive fixed rates products available for house purchase up to 85% LTV:

- 1.99% 2 year fixed rate - 999 arrangement fee
- 2.29% 5 year fixed rate - 999 arrangement fee

Should you require any further information regarding the above please do not hesitate to contact the impact sales help desk.

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01/06/2020 - Bluestone launch full range

Bluestone are pleased to be extending their product range to include AAA, AA, A & BBB up to 75% LTV on their residential and Buy-to-Let product ranges.  This includes re-launching the Sapphire range through selected packagers, such as impact.  This includes the relaunch of Help to Buy.

Key highlights:


 - Now accepting applications across all tiers (Clear, AAA, AA, A & BBB) to a maximum LTV of 75%
- AVMs available on qualifying loans in Clear category, valued up to 600,000
- No credit scoring
- Up to 4 defaults & 3 CCJs allowed in the last 3 years per applicant (unsatisfied)
- Up to 4 missed mortgage payments in months 13-24, none in months 0-12 
- Ignore all CCJs & Defaults under 300
- Up to 2 missed payments per unsecured credit in the last 6 months 
- Minimum 1 years self-employed
- Use the latest years accounts for affordability
- Fees free remortgage products available
- Consumer Buy to Let & First-time landlords accepted

Great news and speak to the impact help desk to find out more.  

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01/06/2020 - Landbay launch new range

With effect from 01/06/2020 Landbay will be launching a new product range which includes lending up to 75% LTV:

  • New Build, Small HMO/MUFB and Large HMO/MUFB.
  • Standard BTL now to 75% LTV
  • Rates starting from 3.39%.
  • New range of New Build products
  • Lifetime Tracker with no ERC
  • Physical valuations
Call the impact team to find out more. 

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01/06/2020 - TML large loans, lower fee

The Mortgage Lender (TML) have launched lower fees on larger loans applications:

  • Available on loans from 500k to 1.5m with a lower completion fee from 0.5%
  • Completion fee can be added to loan
  • Affordability from 125% at 3.59%
Call the impact team to find out more.

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26/05/2020 - Pepper valuations and new products

Pepper will be instructing full physical valuations (England Only) for pipeline cases and new business from 9am on Tuesday 26th May. This will be done via internal inspections, a full risk assessment will be carried out to ensure the safety of applicants and surveyors before any physical valuation takes place.  They will not be using AVMs or desktop valuations. 

To coincide with this, changes to their Residential and Buy to let product ranges will also be available from Tuesday 26th May. 

Due to the on-going effects of COVID-19 all applications will continue to be manually underwritten; however, we will be taking into account the current economic environment which is likely to lead to an increase in questions and/or evidence required.

Summary of the product changes:

  • Withdrawal of all 85% LTV products
  • Withdrawal of all 80% LTV products across our Buy to let, Limited Company Buy to let, Debt Management Plan and Residential- 6, 12, 18 and 24 ranges
  • Withdrawal of all Buy to let purchase products
  • Rates increased from 0.15% across all products

Please speak to the impact help desk to find out more or to discuss an enquiry. 

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21/05/2020 - Zephyr return to lending

Zephyr are now able to instruct full physical property valuations - so we are open for business to support you and your clients. 

Alongside taking new instructions, we will be working through our pipeline with our panel surveyors as quickly as possible and have contacted brokers with applications in progress.

At present, we are offering mortgages of up to 60% LTV, with a maximum individual loan limit of 1m. 

Please speak to the impact team to find out more.

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21/05/2020 - Pepper withdraw all products

Pepper are pleased to inform you that they will shortly be recommencing physical valuations in England. To enable them to implement the process for this, they are withdrawing all Residential and BTL mortgage products from 6pm tonight.

Full details of the valuation process alongside a refreshed range of products and rates will be communicated to us on Friday 22nd May at 6pm.

To secure one of their existing products please ensure can you kindly ask your intermediary team to have progressed any cases to DIP Illustration produced status with product selected by 6pm tonight. The Full Mortgage Applications for those cases must be submitted with fees paid by 12pm on Tuesday 26th May.  Pepper will not be able to honour any cases that miss these deadlines.

Speak to the impact packaging team for further assistance.

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20/05/2020 - TML launch HMO and MUB

TML confirm HMOs and MUBs are back!

Purchase and Remo to 75% LTV available to Individuals, Ltd Companies and ExPats.

No limit on background portfolio.

Call the impact team to find out more! 

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19/05/2020 - Precise, Kent, Interbay to 75% LTV

Precise, Kent and Interbay all increase LTVs to 75% LTV.  Key highlights include

PRECISE

  • LTV limits increased to 75% across buy to let and residential first charges (plus lender fees)
  • Help to Buy reintroduced, purchase only
  • New Builds and Studio Flats accepted
  • HMO and MUBs (multi-unit) remortgages included

Buy to Let

  • 6 bed HMOs remortgages considered
  • Multi-unit BTLs (MUBs) remortgages considered
  • Portfolio lending available
  • Joint tenancy or tenants in common accepted
  • Bespoke ICRs - refer to their buy to let calculator
  • 125% ICR available for limited company BTL
  • Adverse considered

Residential

  • Options for capital raising (including debt consolidation)
  • Consider both the employed and self-employed
  • Unsecured arrears are not counted but may affect the customers credit score
  • Adverse considered - please speak to the impact help desk to find out more
KENT RELIANCE

Buy to Let

  • Rates from 3.59%
  • Up to 75% LTV
  • Maximum loan 3m
  • HMOs with up to six bedrooms accepted (remortgage only)
  • Multi-unit freehold blocks accepted

Residential

  • Rates from 3.69%
  • Up to 75% LTV
  • Loans starting from 50k
  • Maximum loan size 1m
  • Two and five-year fixed products
INTERBAY
  • Rates from 4.24%
  • Up to 75% LTV
  • Two and five-year fixed products
  • Minimum loan 100k
  • Maximum loan 3m
  • Portfolio landlords and HMO remortgages accepted
For full details, to discuss a case or submit an enquiry, please speak to the impact help desk on 01403 27 26 25

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18/05/2020 - Precise / Kent / Interbay withdraw products

Precise Mortgages, Kent Reliance and Interbay Commercial will be introducing a new range of products to help you and your customers.

Existing products will be withdrawn at 8pm on Monday 18th May.  Full applications must be submitted in order to secure rates.

The new range of products will be available on Tuesday 19th May.

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18/05/2020 - HTB increase to 75% LTV

It is more important than ever that we continually review our lending criteria as more information comes to light. With immediate effect we are increasing our maximum LTV to 75% for the right type of deals - the right properties, the right yields and the right borrowers.

Up to 65% LTV - All BTL, HMO and Semi Commercial deals are eligible for 65% LTV providing they meet our standard criteria. 

Up to 70% LTV - As per 65% but with the following additional restrictions:

  • Maximum loan size of 3m
  • increased ICR hurdles by 10% e.g. 125% for Ltd Company borrower becomes 135% - OR 6-months worth of interest is to be placed on account for the first 12 months of the loan
  • The borrower must have a BTL track record and have taken no payment holidays across their portfolio

Up to 75% LTV - As per 65% but with the following additional restrictions:

  • Maximum loan size of 550k (or 750k inside M25)
  • Increased ICR hurdles by 15% e.g. 125% for Ltd Company borrower becomes 140%
  • The borrower must have a BTL track record and have taken no payment holidays across their portfolio
  • The property must have been used as a rental property recently
  • Excludes New builds (including heavily refurbished properties) and studio flats
  • For purchase deals or minimum capital raise refinances only

Speak to the impact team to find out more or to discuss an enquiry.

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18/05/2020 - Foundation resume lending

Foundation Homeloans will once again be accepting new business.

  • Maximum LTV for both residential and Buy to let will be 75%
  • ICR for both individual and ltd company will be increased to 145%
  • Still lending to FTLs
  • Short Term let No longer available.

All other criteria will remain the same.  FHL want to be at the forefront of specialist lending as they look to continue to develop their proposition over the coming weeks and months.

Speak to the impact help desk to find out more.

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18/05/2020 - Fleet resume physical valuations

New business levels will be carefully monitored in partnership with our funders, and we are confident that permissible volumes will climb over time back to a BAU position. New applications will strictly be processed in the order received where all relevant fees have been paid, and we will constantly keep both you and advisers notified as lending appetite increases.

  • Rates Start at 3.24%
  • Rental Calculations from 125% @ 3.75%
  • Standard - Limited Company / HMO & MUB
  • Up to 60% LTV
  • IMPORTANT - New COVID-19 valuation rules apply.

Speak to the impact team to find out more.

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13/05/2020 - Bluestone restart lending

We are pleased to announce that we are now open for new applications on our Clear product range up to 75% LTV!

There can be no doubt that we are operating in a disrupted market environment, and over the past few weeks, we have been working hard to get back to what we do best, which is provide great service, high-quality specialist underwriting decisions, and most importantly provide strong outcomes for our intermediary partners and their customers.

By using alternative valuation methods, we can now progress qualifying applications through to offer. All offered loans are continuing to complete as normal.

Here is a quick summary of our key features:

  • AVM Loan 500,000 & up to 75% LTV
  • Ignore all Defaults & CCJs registered 3 years ago, even if outstanding
  • Allow one satisfied default registered in the last 3 years with no monetary value limit
  • Ignore all CCJs & Defaults under 300
  • Up to 2 missed payments per unsecured credit in the last 6 months
  • Minimum 1 years self-employed
  • Use the latest years accounts for affordability 
  • Consumer BTL & first time landlord accepted 
Please speak to the impact team to find out more.

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12/05/2020 - Masthaven loan increase

Masthaven Bank have made changes and increased the maximum loan amount from 250,000 to 350,000, making them more accessible.

Available on first charge residential two and five-year fixed remortgages, give your customers the option to remortgage without having to pay any fees up front

Key features reminder:

  • No standard legal fees
  • No lender fee
  • No application fee
Free valuation, where possible they will use an AVM rather than physical standard property inspection.

Call the impact team to find out more.

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07/05/2020 - LTVs up at Kent & Precise

Both Precise Mortgages and Kent Reliance for Intermediaries will be increasing the LTV on Buy to Let and Residential mortgage products to 70%, on properties valued up to 750k, using desktop valuations:

  • NEW increased LTV to 70%
  • NEW Maximum loan size increased to 525,000
  • NEW Maximum valuation increased to 750,000
  • No assessment or valuation fee
  • Available in England and Wales (& Scotland for Precise)
  • Purchase and remortgage products
Please speak to the impact team to find out more!

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07/05/2020 - Tipton pause BTL

As a consequence of a reduction in residential business volumes due to the ongoing Covid-19 lockdown, we must now temporary withdraw our BTL product range to manage our exposure limits.

Existing, approved DIPs will continue to be honoured and can progress to application but no new enquires will be accepted at the current time.

We hope to be in a position to review this decision, as some normality returns to the mortgage market later in the year.

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06/05/2020 - Interbay relaunch products

InterBay Commercial has resumed business, and their team of experts are on hand to help with your cases. While physical property valuations remain unavailable, they have been working hard to find a solution for you and your customers.

With this in mind, InterBay Commercial are excited to announce the launch of new semi-commercial and buy to let product ranges, available for properties with a value of up to 1m.

New buy to let products with a property value of up to 1m at 70% LTV using desktop valuations and lending to investors with more involved ownership structures. 

New Semi-commercial ranges to 60% LTV underwritten subject to physical valuation stage.

Speak to the impact help desk on 01403 27 26 25 to find out more.

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05/05/2020 - Tipton withdraw 90% LTV

Due to unprecedented demand, as a consequence of the majority of lenders withdrawing their high LTV products, Tipton will be withdrawing their 90% fixed rates for all new enquiries from close of business today.

Their 90% two year discounted product is being monitored but will remain available at the current time.

Speak to the impact team to find out more.

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05/05/2020 - Precise relaunch Bridging

Precise Mortgages has launched a set of products using AVMs for Bridging Finance applications. 

- Available for regulated and non-regulated bridging
- Standard bridging only - no refurbishments
- Available up to 50% LTV (including retained interest)
- Available in England, Wales and Scotland 
- Limited company applications accepted

Rates:
- Net Loan Size >= 200k - 0.49%
- Net Loan Size <= 200k - 0.54%
Facility fee - 2%

Loan size - Min 50k / Max 375k
Property Value - Min 75k / Max 750k

T&Cs and Property type restrictions apply.

Speak to the impact bridging team to find out more and to discuss any enquiries.

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05/05/2020 - Kensington launch AVMS

Kensington have launched a valuation solution!  The Kensington Property Valuation involves a combination of Desktop Valuations, AVMs in addition to their own data and property experts. This will now enable them to value properties and take cases from application, to offer, to completion

Alongside the introduction of the Kensington Property Valuation, they have also updated their product offerings to include the re-introduction of 75% LTV rates - included for both Residential (purchase and remortgage applications) and Buy to Let (remortgage applications only).

Call the impact team to find out more.

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04/05/2020 - Masthaven increase AVMs

Masthaven are listening to brokers and responding to customer needs.  With surveyors currently unable to value properties because of the coronavirus lockdown and social distancing, they are expanding their AVM approach to help more of your customers through the mortgage process during these challenging times.

This week, for the first time, they are introducing AVMs for:

  • First charge residential purchase
  • BTL remortgage
  • BTL purchase
They are also increasing their maximum AVM loan levels for:
  • Residential remortgage
  • Second charge residential
Speak to the impact team to find out more.

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01/05/2020 - Shawbrook increase DCSR

As part of our carefully considered response to the changing environment, we are temporarily increasing the minimum DSCRs for new HMO applications.

Payrate DSCR Cover (5+ year fixed rate on 10+ yr term only)
  • Personal applications:         Increased from 175% to 195%
  • Ltd Company applications:  Increased from 150% to 165%
Stress Rate DSCR Cover (All variable term loans up to 30 yrs & all fixed rate up to 5 yrs total term)
  • Personal applications:         Increased from 160% to 180%
  • Ltd Company applications:  Increased from 150 to 165%
Cases already submitted up to the 1st of May will be honoured on the previous methodology.

Speak to the impact team to find out more

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01/05/2020 - Marsden go to desktop vals

Restrictions on non-essential travel mean physical and drive-past valuations cannot currently take place. We have moved to desktop appraisals for all our mortgages, but that means we have had to lower our LTV limit to 60%.

We have launched new products across Residential, Older Borrower, Retirement Interest Only (RIO), Expat Residential and Expat Buy to Let. 

Speak to the impact team to find out more.


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01/05/2020 - Kensington change LTVs

Kensington will be updating their Residential and Buy to Let product guides from Tuesday 5th May with the following changes: 

  • Re-introduction of 75% LTV rates
  • Removal of our 70% LTV rates
  • Withdrawal of our eKo Mortgage Range
  • Withdrawal of Buy to Let PURCHASE  

Please refer to Sourcing Systems or log in to our broker portal for all rates available. 

CURRENT PRODUCT SUBMISSION DEADLINES

Decision in Principle Illustration - produced by 5pm Monday 4th May

Full Application - submitted by 5pm on Tuesday 5th May

Please speak to the impact team to find out more or to submit and enquiry.

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28/04/2020 - Masthaven launch fee free

Masthaven are giving your customers some added flexibility with the launch of a new range of limited edition fees-free remortgages.

Available on first charge residential two and five-year fixed remortgages, give your customers the option to remortgage without having to pay any fees up front

Key features - No standard legal fees / No lender fee / No application fee

Free valuation, where possible we will use an AVM rather than physical standard property inspection

Residential First Charge 2-Year Fixed Remortgage
  • Rate: 3.59%
  • Minimum loan 40,000, maximum loan 250,000
  • LTV up to 65%
  • Low ERCs - 2% year one, 1% year two

Residential First Charge 5-Year Fixed Remortgage

  • Rate: 3.99%
  • Minimum loan 40,000, maximum loan 250,000
  • LTV up to 65%
  • Low ERCs - 2% year one, 1% years two to five

Remortgaging activity has increased during the coronavirus outbreak, with estimates suggesting a 60% rise in online searches for the term remortgage as more customers look for ways to refinance their home.

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23/04/2020 - TML launch 75% LTV AVM

TML is now live with Desktop valuations up to 75% LTV on both new and pipeline cases. 

We will be utilising Desktops where possible, whilst the governments current measures around Covid-19 are in place that mean physical valuations are not possible.

Where a property is not suitable for a desktop assessment or AVM, we will put the case on hold until government advice allows valuers to begin physical inspections again.

This would include the following property types;

 HMO and MUB

  • New build property (built in last 24 months)
  • More than 4 bedrooms
  • Studio flats
  • Flats in blocks with over 6 storeys
  • Flats with suspected cladding
  • Properties with land above 2 acres
  • Listed buildings
  • Modern methods of construction
  • Leases with under 85 years remaining
  • Properties above or adjacent to commercial premises
  • Property values in excess of 1m outside M25 or 1.5m inside M25 (refer for prime central London above 1.5m)
Please contact the impact team to find out more or to discuss an enquiry.

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22/04/2020 - Tipton change Later Life

Tipton have revised their criteria relating to Later Life lending to introduce a downsizing option, upon the death of either borrower. Changes are effective immediately and specific to joint applications where both customers are currently retired and applying for one of their Later Life products but excludes their Retirement Interest Only (RIO) products.

Where affordability (upon death of either borrower) cannot be proven in one name, providing it can be demonstrated that there is sufficient equity available for the surviving borrower to downsize to a 2 bedroom flat or house within 5 miles of the mortgage security this will now be considered acceptable for underwriting purposes. Subject to their standard minimum requirements for interest only (sale of mortgaged property) being satisfied - Max 60% LTV; Minimum 200k equity (500k within M25).

Speak to the impact Help Desk to find out more or to submit an enquiry.

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17/04/2020 - Shawbrook confirm AVM stance

We have revised our approach to support completion of Desktop Valuations during this difficult time when our valuers are unable to undertake physical inspections.

As you will know, we currently use AVM to support our application process for single dwellings up to 75% LTV, and will continue to do so. The following is simply an enhancement that adds Desktop commentary on cases that may not meet the AVM requirements.

Please note that Desktop Assessment will be restricted to an upper value of 1,000,000 in Greater London (within M25), and 500,000 for all other locations.

  • Residential Flat (4 storeys max) - AVM - Desktop - If Satisfactory, no further valuation requirements
  • Small HMO/Semi Commercial - No AVM - Desktop - Formal offer subject to Physical Re-Inspection 
  • Large HMO/MUB/Commercial/HMO Conversion/Flat (over 4 storeys) - No AVM - No Desktop - Formal offer subject to full valuation. 

Further to the Scottish Government issuing emergency legislation, we are pleased to announce that we are able to process and complete on loans in Scotland once again.

Please contact the impact help desk to find out more or to discuss an enquiry.


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17/04/2020 - Kent Reliance launch AVMS

Kent - We have worked closely with our valuation panel partners and are pleased to confirm we are now able to accept desktop valuations on residential and buy to let mortgages.


Key criteria for desktop valuations:

  • Available up to 60% LTV
  • Max loan size of 360k
  • Property value between 75k and 600k
  • No valuation or admin fees
  • Available for both purchases and remortgages
  • Available in England and Wales
Please note there are a number of restrictions that apply to desktop valuations

Speak to the Impact team to find out more or to submit a DIP.

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16/04/2020 - Precise launch products

Precise - We have worked closely with our valuation panel partners and are pleased to confirm we are now able to accept desktop valuations on residential and buy to let first charge mortgages subject to the criteria below.

With effect from Friday 17th April we will be launching a new range of Residential and Buy to Let first charge mortgage products for properties located in England, Wales and Scotland.

Key Features of the range Include:

  • Available for both Purchase and Remortgage
  • No Assessment Fee or Valuation Fee payable
  • Maximum LTV of 60% LTV
  • Maximum property value of 600,000
  • Minimum property value of 75,000
  • Maximum loan amount of 360,000

Please note that this is not available for Second Charge Loans and Bridging.

Call the impact team to find out more, or send over a DIP on the portal.

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16/04/2020 - Specialist Lending Guide

Download the latest Specialist Lending Update from impact by CLICKING HERE http://www.impactpackaging.co.uk/intermediaries/lenders/ 

This will give you all of the latest feedback from the lenders on their current situations, products, valuations and mortgage payment holidays.  

Keep checking back as this will be updated as new information is received.

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15/04/2020 - Tipton change criteria

You will appreciate that at the current time, criteria (both residential and BTL) is under continuous review but we are delighted to advise we remain very much open for business and continue to accept expat BTL applications up to our normal 70% LTV limit for both purchase and remortgage.

We would also advise of the following changes to existing policy:

  • We have removed the higher HRT ICR calculation that was automatically applied where the clients UK equivalent income exceeded B#50,000. The standard calculation that now applies regardless of income level is detailed in the table below.
  • Flats in blocks of more than 5 storey will continue to be considered on an individual basis by our lending credit committee, but are now restricted to a maximum limit of 8 storeys and 60% LTV#
  • Applications for 1 bedroom apartments/flats will not be considered at the current time
  • #Desktop valuations can now be completed, further details relating to our revised valuation process and any exclusions that apply will be released this week

#Full applications already submitted will continue to be assessed and underwritten against the criteria that applied at the time of application.

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15/04/2020 - Hampshire Trust restrict LTV

HTB - Until we have more clarity around the actual performance of property prices post COVID-19, we are restricting our maximum LTV to 60% for any loan which relies on a valuation report which contains material uncertainty. We will continue to review our position as we are able to build up our base of up-to-date house price data.

Valuation is as much an art as it is a science, but a key element of any valuation is suitable comparable transactions and the truth is that we wont have comparable transactions for a number of months in some cases.

Despite what people are saying, the problem is not how do we get surveyors to inspect properties during the lock down, this is merely an inconvenience. The real problem is what number do we put on any valuation in the months following lock down and how confident will we be to lend against that number.

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14/04/2020 - UTB Change AVM max

UTB - Hometrack Automated Valuation Model

The maximum property value for all UTB Hometrack AVMs has been increased from 500k to 1m. All other LTV and Loan Amount parameters specific to each product set remain the same, as does the minimum confidence level of 5.0.

All pipeline applications are eligible for this increase, and the UTB Hometrack Real-time Template has already been updated for Packager/Distributors. 

We are also liaising with our Surveyor panel regarding other alternative methods of establishing security value, aside from a Drive-By or Full Internal Valuation, and will keep you updated in this respect.  

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14/04/2020 - Family update on Vals

Family have temporarily agreed that they will carry out desktop valuations from today.

For new cases we have agreed that we will instruct valuations as normal and the valuers will then either do a desktop if possible and within the parameters below, or place the instruction on hold until they are able to view the property.

A desktop report is acceptable only for houses (not flats, maisonettes or barn conversions), of standard construction and type, which are habitable, wholly for residential/BTL purposes and where standard insurance conditions will apply.

The parameters where a desktop may be accepted are:

the loan does not exceed 60% of property value, which must not be estimated at more than 500,000, or

the loan does not exceed 50% of property value, which must not be estimated at more than 750,000, or 1m inside London.  

As we are only accepting a desktop report to 60% LTV we are happy to accept this but applicants must satisfy themselves as to the suitability of the property , especially on a purchase..

As the property is not being inspected there will be no floor area reported and consequently no insurance reinstatement cost, again we have agreed to accept this.

Whether a desktop valuation can be carried out or not all cases will be underwritten as fully as possible , to the point where the last outstanding item is the valuation, and introducers kept informed . Once the valuers are able to visit property again, they will commence making appointments.

If applicants or introducers are not prepared to wait for a full valuation we will refund any fee paid and cancel the application so they can submit to an alternative lender if possible. 

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07/04/2020 - TML change BTL

The Mortgage Lender are making changes to their BTL range which are live with immediate effect.

The changes are:

  • 30bps rate increase on all BTL products
  • Withdrawal of all 80% LTV products

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06/04/2020 - Changes - Family BS

Family BS are making changes to our semi exclusive products.

Current products will be withdrawn and any applications on these rates must be received by close of business Friday 10th April.

Withdrawn products 

  • Residential - Interest only 3.19% 2 year fixed XF0246 / Interest only 3.69% 5 year fixed XF0253 / Joint Mortgage Sole Owner Special Repayment 2.89% 5 year fixed XF0259
  • Buy to Let (Standard & Ltd Co) 3.64% 5 year fixed rate XF0262
  • Expat Buy to Let 3.79% 5 year fixed rate XF0264
New products will be launched on Wednesday 8th April.

In addition to the new products, the following changes have also been made;

Cashback offered for residential remortgages where the client is using external solicitors is increasing from 250 to 400.

The fixed rates noted above must complete by 1st October 2020 for this product set

Minimum loan sizes on residential interest only fixed rates have been removed (previously 200,000, now 45,000)

New products (60% LTV in all instances)

RESIDENTIAL - Interest Only 5 year fixed rate 3.34% 999 product fee (XF0278) / 45,000 minimum loan
Can stress at pay rate for affordability (contact BDM for help)
No minimum income or minimum equity for interest only
Up to age 89 at application

BUY TO LET (STANDARD & LTD CO) Repayment or Interest Only 5 year fixed rate 3.34%  999 product fee (XF0282) / 45,000 minimum loan
Can stress at pay rate for rental calculation (contact BDM for help) at either 130% or 145%
No minimum income
Portfolio landlords accepted and no back stress on the portfolio

EXPAT BUY TO LET Interest Only 5 year fixed rate 3.49% 1% product fee (XF0284) / 100,000 minimum loan
Can stress at pay rate for rental calculation (contact BDM for help) at either 130% or 145%
No minimum income employed, self employed and retired accepted
Portfolio landlords accepted and no back stress on the portfolio
Over 40 countries accepted contact for more info

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03/04/2020 - Together Money update

TOGETHER - It is unfortunately become a well used phrase but these are unprecedented times, for everyone, but also within the mortgage industry. In our 45 year history, we have never encountered anything like this.  But we remain determined to work together with our colleagues, customers and valued business partners to rise to the challenge in the way that we have to others in the past.

We have been reviewing the current situation and listening fully to Governmental guidance and have been able to safely enable over 700 colleagues to work from home and implement a process to assist our existing customers through these difficult times.

We have had to make some difficult decisions. We recently announced that we would stop accepting new applications for the time being as we reviewed the pipeline and we can now communicate the following.

These changes will now apply across both our Commercial Finance and Personal Finance applications in pipeline:

Cases at Pre offer stage

All cases are on hold until further notice. We will constantly review this and communicate further, either holistically or on specific cases when this changes. Unfortunately, in this market, we are not able to put a timescale on this right now.

Cases at Offer stage

Where we have issued an offer, our underwriters will continue to review cases and will communicate next steps with you as soon as they can.

Purchases

Where a case has already exchanged, we will review the customers affordability to ensure this is still right for them.

Where the case is offered and not exchanged as of 3rd April 2020, we will pause the application for an initial 3 months. We will constantly review our processes in line with market conditions and government advice, but for now, we will not progress these cases.

Remortgage & other products

We will undertake a full review of the customers affordability to ensure it is affordable, still right for them and that they want to proceed.

Where the current property value can be established (and with validated affordability), the case can progress.

Where the property value cannot be confirmed and/or affordability validated, the offer will be suspended and reviewed when appropriate. Again we cannot, in the current circumstances put a timescale on this.

In Commercial Finance where a case is below 50% loan to value and where we can be confident that affordability is both sustainable and plausible we will look to progress these cases. If this is a bridging case we will also need to be confident around the exit.

We are working as fast as we can.  We will contact your customers directly and we will keep you updated on your cases as quickly as possible.

If you have any specific questions about offered cases, continue to call us on the number you have always used, and we will do our best to answer them.  Please refrain from calling if your case has not offered as the information given above will apply.

Our teams are working incredibly hard helping our brokers and customers; our SLAs have understandably been adversely impacted as we prioritise the existing customer communication so please bear with us.

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03/04/2020 - Further product updates

MT FINANCE

MT Finance is dedicated to continuing to support the broker community through this challenging time. Our core principles that have made up the foundations of our business remain unchanged as we continue to provide flexible, transparent, and commercial lending solutions to meet our clients needs.

We are lending at sensible loan to value levels, to enable each transaction to work where possible, whilst also safeguarding against further potential market changes. These are set at the following maximum levels

  • Up to 65% against residential, for both first and second charges
  • Up to 65% against semi-commercial properties, for both first and second charges
  • Up to 55% against commercial properties, first charge only

We will ensure that each loan has an appropriate term, which gives clients the best opportunity to complete the transaction and implement their exit strategy.

We are working with all our surveyors and solicitors to ensure that we can provide the best coverage and service possible. We are committed to finding solutions to the issues that social distancing can create. We currently have valuation coverage throughout the UK and Wales and a fully operational solicitors panel.

Where available and appropriate we can consider existing valuations from within the last three months alongside an audit from one of our panel valuers. We remain focused on working creatively to find solutions to the challenges we all presently face in conducting business.

All of our team have now been working from home for the last 3 weeks, supporting our brokers and each other to get transactions done. We will remain on hand to do so for as long as it takes.


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03/04/2020 - April 3rd - lender updates

KENSINGTON

PRICING UPDATES ACROSS RESIDENTIAL AND BUY TO LET LIVE TOMORROW, SATURDAY 4TH APRIL

Please note that we are changing the rates across all of our products, which are all at 70% LTV, effective from tomorrow, Saturday 4th April.

CURRENT RATE SUBMISSION DEADLINES

To submit a case with our current rates, please note the submission deadlines below.
  • Decision in Principle Illustration produced by 5pm TODAY, Friday 3rd April
  • Full Application submitted by 5pm on Monday 6th April
BLUESTONE

The market has continued to become more restrictive, with most purchase transactions being delayed and physical property valuations becoming impossible due to COVID-19. As a consequence, we have taken the decision to withdraw our products and suspend all new mortgage applications as part of a temporary pause in origination activities.

We will continue to process applications that have already been submitted to us, prioritising those applications where the valuation has already been completed. All other applications will be processed and underwritten as normal, pending the availability of an acceptable valuation. We are working on desktop and AVM alternatives to physical valuations and will let you know if we are able to deliver this solution. All offered loans will continue to completion as normal.

MASTHAVEN

We are making some temporary changes to our product range and criteria as a result of the coronavirus crisis.

We are open for lending. We believe that at this time it is important, as a Bank, that we support you and your customers with financing options responsibly structured and underwritten. So while we are making changes we are continuing to offer a lending range. 

Property valuations

As you will no doubt be aware, there has been significant disruption to property valuation services with some suppliers withdrawing their services completely.

We have been working hard on a solution; however, it does mean that some of our lending will be further restricted as a result:
  • Where a full valuation is not available we will consider drive-by valuations supported by an AVM max LTV 60%
  • Where a drive-by valuation is not available we will use our new AVM Plus service max LTV 50%

Product changes

The following changes are being made to our products on Monday 6th April but we thought you would appreciate a little notice:

Development/Commercial loans
  • We will not be accepting any new development or commercial loans until further notice.  This will enable our team to support existing borrowers with projects already in progress

Bridging loans

  • Larger loans our Bridging Plus range will be removed but the maximum loan size will be increased on our Prime and Standard range
  • Prime bridging range will be restricted to 70% for first charge, 60% for second charge
  • Minimum term will be 12 months early repayment is subject to minimum 1 month interest paid
  • Refurbishments will not be available on Prime products

Full details of all these changes will be sent to you along with our updated product guide on Monday 6th April.  Applications for any accepted DIPs not already submitted will need to be received by midnight on Sunday 5th April.

We know that there are lots of changes being made across the market but hope you appreciate that making these changes enable us to continue to support you and your customers during this unprecedented time.

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01/04/2020 - Shawbrook / Octane / Family

Shawbrook have made a number of product changes to their first charge and short term ranges:

With immediate effect, all products will be capped at 75% LTV.

  • All applications over 65% LTV will be subject to additional assessment and may therefore take more time.
  • Increased margins on certain products and LTVs. Please refer to the updated product guide.
  • If your customer has a Formal Mortgage Offer (FMO), we will honour it, regardless of LTV.
  • All other pipeline cases will be assessed based on the new 75% LTV maximum and the additional assessment over 65% LTV.
  • Whilst the eAIP service remains live, please note that all cases will be subject to an overriding manual review and should not be considered as supported until such review is completed.  An eAIP approval is therefore not an approval until confirmed by a Lending Manager.
Short Term
  • In addition to the max 75% LTV across all products:  
  • Heavy Refurb; The pandemic has substantially impacted the construction industry and supply chains. We are unable therefore to consider lending for this purpose until further notice.
  • Developer Exit applications will be assessed on a case by case basis and will assume that the assets will be held for term, rather than sold. Standard BTL term affordability criteria will apply and market rent will therefore be a key consideration. Please discuss with your BDM or Sales Desk prior to submission. 
  • We recognise that any changes to our Regulated Bridging products may impact the initial advice provided. Please ensure that all new and pipeline cases remain compliant with your advice process and MCOB rules prior to completion.  
Octane Capital
  • We are open for business  albeit at reduced LTVs (on most deals this has only been a 5% reduction in LTV). As always, we review each deal on a case-by-case basis and now more than ever our #3rdGen product-less proposition will continue to assess each deal on a risk based approach.
  • Our entire team, is 100% operational and working from home, we completed 15 deals last week so we know this is working well.
  • Our legal partners are also 100% operational and working from home. We have worked with them to ensure that borrowers can sign without having to meet the solicitor face to face.
  • The main stumbling block currently is valuations. While our valuer partners are eager to continue to support us, many are finding it difficult to do so while complying with the current government social distancing guidelines. We are working with our valuer panel to come up with creative ways to solve this.
Family BS

We are making changes to our semi exclusive products.

Current products will be withdrawn and any applications on these rates must be received by close of business Friday 10th April.

In addition to the new products, the following changes have also been made;

  • Cashback offered for residential remortgages where the client is using external solicitors is increasing from B#250 to B#400.
  • The fixed rates noted above must complete by 1st October 2020 for this product set
  • Minimum loan sizes on residential interest only fixed rates have been removed (previously B#200,000 now B#45,000)

Withdrawn products

Residential

  • Interest only 3.19% 2 year fixed XF0246
  • Interest only 3.69% 5 year fixed XF0253
  • Joint Mortgage Sole Owner Special Repayment 2.89% 5 year fixed XF0259

Buy to Let (Standard & Ltd Co)

  • 3.64% 5 year fixed rate XF0262

Expat Buy to Let

  • 3.79% 5 year fixed rate XF0264

Get in touch! 

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31/03/2020 - Product updates today

Foundation - We have seen lenders significantly reduce their product offering and some have suspended lending completely. Whilst we believe all of this will be temporary, we must take necessary steps in the short term to allow us to trade through this unprecedented disruption.   We have taken the decision to temporarily suspend all new applications as from 31 March 2020. This is to allow us to focus on delivering support, including MPH arrangements, to our 25,000+ borrowers. 

UTB - 4 updates are summarised here:   

  • New Max 75% LTV for all employed applicants
  • New Max 65% LTV for all self-employed applicants
  • Employed Applicants:
    • Guaranteed income, such as Basic earnings and Car Allowances, will be accepted as normal.
    • 50% of Commission will be accepted, subject to the standard 18m history and evidence.
    • Regular Bonus/Overtime payments will now not be accepted for most employees.
    • For Key Workers listed on www.gov.uk regular Bonus/Overtime, including Shift Allowances, will be considered on an individual case basis, subject to the standard 18m history and evidence.
  • Whilst underwriting can continue, mortgage offers and completions on all properties in Scotland must be paused. This is as a result of the Scottish Land Registry closing, and therefore no new lender charges are currently able to be registered.
We will be honouring your existing pipeline of applications on our previous products and criteria, providing the Full Mortgage Application is submitted to us on or before 1 April, and a mortgage offer is issued by 14 April. If outside of this time-frame, then the new criteria will need to apply.

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30/03/2020 - Further product changes

Kent Reliance - Due to the unprecedented demand from our existing customers regarding payment holidays, latest government advice and the current situation with valuations, we have taken the decision to temporarily suspend new applications for all of our product lines and divert our resources to support our borrowers during this challenging time.

To facilitate this, we will be removing access to our online application system from Friday 27th March.

Precise Mortgages - Due to the unprecedented demand from our existing customers regarding payment holidays, latest government advice and the current situation with valuations, we have taken the decision to temporarily suspend new applications for all of our product lines and divert our resources to support our borrowers during this challenging time.  To facilitate this, we will be removing access to our online application system from later today Friday 27th March.

We will not process applications that have not progressed to offer; such cases will be placed on hold until further notice.

Fleet Mortgages - All products to 60% LTV with effect from Friday 27th

Landbay - All products to 60% LTV with effect from Friday 27th

Pepper - currently undergoing assessment of cases in the pipeline to see if they can still lend to them

Kensington - As you know, surveyors are unable to offer internal valuations at this time. We are exploring an alternative valuation solution but this will not be suitable for our full product range. As a result, and to be fair to you and your customers, we are withdrawing, with immediate effect, a number of products that we know will not be covered by this solution and that we are therefore unable to make offers on today. We hope to reinstate these products once physical valuations can restart.
  • We have reduced our maximum LTV on all products (both residential and BTL) to 70%.  Whilst sourcing systems may still indicate we are open to applications at 75% LTV we will only consider loans at 70% LTV or below
  • We have reduced the maximum property value to 1m, across both Residential and Buy to Let
  • Withdrawal of all New Build products including Help to Buy
  • Withdrawal of Later Life
  • Withdrawal of HMO/MUB
  • We have extended our property exclusions. Please check our Lending Criteria online for the full list
  • All pipeline cases ALREADY in receipt of a valuation will continue as usual
  • Pipeline cases below 70% LTV without a valuation will proceed as and when we have an alternative valuation solution
  • Pipeline cases above 70% LTV without a valuation will regrettably be cancelled as we will have no valuation solution until internal valuations resume
Mint Bridging - ALL bridging cases that have not funded, are to be put on hold

Masthaven - making the following changes (DIP by 5.30pm TONIGHT):
  • First charge residential products - MB0/MB1 maximum LTV now 75%, MB2  no longer available
  • First charge buy to let products - Specialist Property - no longer available / Specialist Landlord/Tenant - no longer available

  • Affordability criteria - 
  • Employed applicants - we are not able to consider using any variable elements of pay like overtime, bonus or commission.  Please only enter basic annual salary when completing an affordability assessment/DIP
  • Zero hour contracts  will not be considered except for key workers as defined by the government during COVID19
  • Contractors - we need a minimum of 3 months remaining on a current contract or evidence of a contract renewal for at least 3 months
  • Self employed - we are not able to consider using projected income

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27/03/2020 - What we know - Residential

In the current climates, things are changing quickly.  We have tried to summarise as below (these will be updated real time):

RESIDENTIAL / BUY TO LET

Bluestone - No physical valuations being completed until further notice. We are working on alternative solutions and will provide a further update as soon as possible.  In the meantime, we are very much open for business as normal. We will prioritise those applications where the valuation has already been completed. All new applications will be processed and underwritten as normal, then held awaiting the valuation and our final assessment. We now have everyone working from home and the business is operating as normal, with the exception of us being able to send out offers to customers by post.  Please could you forward to the Mortgage Offer and other documents to your customer.

Dudley - The Society has made the difficult decision to temporarily withdraw our mortgage product range for new applications with immediate effect.  We will be contacting all of our partners to discuss the position of applications that are in the pipeline on a case by case basis and any pre offer applications will continue to be progressed up to the point of valuation. We ask that you keep us updated with any changes to your clients circumstances.  Not taking other calls

Fleet - No valuations and no facility to do an AVM. If there are any changes with this they will let us know.  All products limited to 60% LTV

Foundation Home Loans - We cannot currently accept Automated Valuations, Desk top or Drive by valuations. We are investigating viable alternatives, but in the meantime we will be unable to instruct new valuations until further notice. 

Kensington - At this time, surveyors are unable to offer their standard valuations. We are working on a solution and considering the best options available, however please be aware that cases without a valuation cannot proceed to Offer until a valuation has been carried out.  No facility to do an AVM currently.

Kent - No valuations and no facility to do an AVM, they will advise when they have a solution

Landbay - No valuations and no facility to do an AVM, they will advise when they have a solution

Masthaven - can do an AVM on max val of 150k with 75% LTV, THEY ARE STILL ABLE TO DO FULL VALS BUT MAY TAKE LONGER THAN USUAL

Pepper Money - In common with many other lenders, physical valuations will now not take place in the next 3 weeks, the initial review period announced by the Government.  As a result, there will be a number of customers who will have received a call cancelling their valuation appointment and who will be keen to understand what will happen next. Customers will have the choice of either receiving a refund of their fees if they no longer wish to proceed with their application, or instructing Pepper Money to continue with the application, accepting that the physical valuation will not be carried out for at least the next three weeks at which point we propose to review and contact the customer again. No facility to do an AVM at this time.

Precise - TBC

Saffron - Not taking calls until further notice

Skipton International - no valuations until further notice

Tiptonno valuations until further notice

TML - Residential lending paused due to the current climates. 

Zephyr - no valuations until further notice

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26/03/2020 - What we know - Bridging

In the current climates, things are changing quickly.  We have tried to summarise as below (these will be updated real time):

BRIDGING

Alternative Bridging - Consider Drive bys

Castle Trust - Awaiting official confirmation but without a physical valuation we cannot progress any cases currently as we cannot work with AVMs.

Hampshire Trust - At the moment, any properties which have already been inspected will be reported back in the usual way. However, any properties yet to be inspected will be placed on hold and our panel manager will liaise with each client as to how those cases should be progressed.

However, we can still do a considerable amount prior to the valuation being received. All documents can be reviewed and new enquires can be responded to in readiness for when that valuation lands on our desk.  This preparation will allow you and your clients to hit ground running as soon as things return to normal.

Interbay - As it stands at the moment no decision has been made as a business we are obviously looking at options and will update you when we are in a position to do so.

Masthaven - looking at AVM model, and will consider re-types

MT Finance - will consider re-type

Octane - We are currently reviewing our options and working on an alternate yet suitable solution and as soon as we have worked that out, we will be shouting from the rooftops because we still have good appetite to lend and are still completing deals!

Octopus - Unfortunately, at this moment in time we would not be able to offer desktop valuations, however, with everything going on we are constantly reviewing our processes so this would be subject to change. 

Precise  - AVMs up to 50% LTV and up to 1m

ShawbrookAVMs can be considered for security when the following standards are met:

Single unit residential property / Maximum value 600k / Maximum LTV and minimum confidence levels for capital value within certain parameters / England and Wales only / No property above or adjoining commercial premises / Freehold or minimum unexpired 85 years leasehold / No converted flats / No new build property built within last 24 months / Report is valid for 6 months / Rental income should be taken from the lower of passing and AVM rental value for DSCR purposes

Together - No new business

UTB - AVMs up to 55% LTV, and up to 1m

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26/03/2020 - Kensington make changes

Kensington will be updating Residential and Buy to Let product guides tomorrow, Friday 27th March 2020 with the following changes: 

  • Removal of Property Plus range from both Residential and Buy to Let
  • Withdrawal of 90% LTV from Residential 

Please refer to Sourcing Systems or log in to broker portal for all rates available. Please may I also ask that you let all advisers know of the deadline for DIP production and full application submission is as follows.

CURRENT PRODUCT SUBMISSION DEADLINES

  • Decision in Principle Illustration - produced by 5pm TODAY, Thursday 26th March
  • Full Application - submitted by 5pm on Friday 27th March

At this time, surveyors are unable to offer their standard valuations. Kensington are working on a solution and considering the best options available, however please be aware that cases without a valuation cannot proceed to Offer until a valuation has been carried out. This may mean your client is waiting longer than usual from Application to Offer, but as soon as Kensington has a solution we will update you.

Speak to the impact team to find out more.

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24/03/2020 - Together halt lending

In light of the above, the evolving situation across the country in respect to COVID 19, the Governments and/or regulators current or future responses to tackling the situation, and to provide clear, effective direction to our business partners, we have made the following decisions:

- For a temporary period, effective immediately, we will not accept any new applications across our product range.

- We are prioritising those applications already in the pipeline that are for purchases and specifically on those where the borrower has already exchanged contracts.

- Our pre-offer pipeline is currently being reviewed whilst we assess the market environment and our lending criteria.

Together as a lender has been supporting customers for over 45 years, through many challenging environments, and will continue to do so. Today we feel that supporting our existing customers through these difficult times is the prudent and sensible thing to do and has to be our priority.

The situation will remain under constant review and our teams will remain in close contact to ensure that you are kept as up to date as possible during this period.

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24/03/2020 - Foundation unable to survey

From Foundation - In response to the curfew imposed by the government last night, key valuation partners have announced that they are to suspend physical inspection of properties until further notice.  These are very difficult times for everybody and we respect their decision we are certain that it has not been made lightly.  We also expect that most valuation providers will follow suit.

We cannot currently accept Automated Valuations, Desk top or Drive by valuations. We are investigating viable alternatives, but in the meantime we will be unable to instruct new valuations until further notice.

We will keep you informed of any update during these challenging times.


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23/03/2020 - Kensington changing criteria

Kensington are making changes with effect from Wednesday 25th March

As a result, the following will change tomorrow:

Residential

  • Withdrawal of the Options range
  • Maximum loan amount of £750k across Select and Large Loan ranges
  • Maximum loan amount of £750k up to 85% LTV
  • Maximum loan amount of £500k up to 90% LTV
Buy to Let
  • Withdrawal of 80% LTV
  • Maximum loan amount of £500k
All DIPs to be produced by 5pm, Tuesday 24th March with full applications by Friday 27th March. 

Remember to choose IMPACT as your submission route. 

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23/03/2020 - Landbay reduce LTVs

In line with some other lenders on the specialist panel, Landbay have reduced their LTVs from 80% to 75% LTV with immediate effect.

Selected rates have also increased.

Speak to the impact helpdesk to find out more.

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23/03/2020 - FHL rates changing TODAY

FHL will be making a number of changes to their buy to let and residential products as of close of business today.

Buy To Let

  • FHL will be increasing rates on all buy to let products by 30 basis points
  • FHL will be withdrawing our remortgage special product
  • Their low loan products are also being withdrawn 
Residential
  • FHL will be increasing rates on all residential products by 30 basis points
  • Their fee-assisted range of residential products are being withdrawn
  • FHL will no longer be providing free valuations on their residential range
Any DIPs on existing products need to be received by close of business today. You will then have twenty one days from your DIP accept date (please refer to your illustration for this date) to progress to FMA.

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20/03/2020 - Fleet withdraw products

Fleet are changing all their products.

With immediate effect the following products have been pulled (please note these are all their free valuation products):

  • BTL00228, BTL00229, BTL00226, BTL00236, BTL00231, BTL00227
  • LTD00193, LTD00197, LTD00198, LTD00192

Yesterday Fleet withdrew the following products

  • BTL00237, BTL00238
  • LTD00198, LTD00199 
  • HMO00121, HMO00122

These are all of their 80% LTV products as the new maximum LTV is 75% across the product range.

A Summary of the changes going live 9am 21st March

  • All products increased by 30bps
  • Reversion rates increased to minimum LIBOR + 5.00%
  • End dates and ERC dates extended to 31/7
  • Maximum loan size reduced to 1 million

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20/03/2020 - Pepper changing products tonight

Due to the recent changes in market conditions and Peppers commitment to maintaining a strong and stable business, they have reviewed their business strategy and risk appetite and as a result have made a number of changes to their product pricing and criteria, including:

  • Core range reprice which sees rates increase across all products
  • Introduction of new Pepper 24 products for customers without CCJs
  • Self-employed borrowers are now subject to underwriter review and discretion
  • All variable elements of income, including; overtime, commission and bonus payments will no longer be included in the affordability calculation
  • Minimum income requirements for landlords is now 30,000

To secure one of their existing products please ensure you have a Decision in Principle (DIP) submitted with the product accepted before 6pm on Friday 20th March.

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19/03/2020 - Foundation make changes

FHL are withdrawing some of their products today these are :

  • All BTL 80% LTV products (including the recently launched packager exclusives)
  • All 80%, 85% & 90% LTV residential products (including First Time Buyers and the relevant Start exclusives)
  • All BTL Short Term Let products
  • Finally we will also stop accepting First Time Landlord applications across any BTL product after today

Please DIP and submit any cases for these products  by 5:30pm  today

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19/03/2020 - Kensington pull LTVS

Kensington will be withdrawing 95% LTV products from their Residential offering and 85% LTV products from their Buy to Let offering, along with 2 of our 75% LTV products in this latest round of updates. 

DIPs must be produced by 5pm TONIGHT.   Full applications submitted by Thursday 26th March at 5pm.

Call the impact helpdesk for assistance or highlight impact as submission route if dealing with the lender directly.

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18/03/2020 - Vida pull rates

At the close of business Thursday 19th March Vida will be withdrawing all products on their Vida 1, 2 and 3 tiers. This will impact BTL (including HMO/MUB and Expat) and Residential (including HTB and RTB) ranges.

DIPs for all current products that are on Vida tiers 1, 2 and 3 must be submitted by the close of business Thursday 19th March.

Any pipeline products on Vida tiers 1, 2 and 3 must be progressed to FMA with application fee paid by close of business on Tuesday 24th March.

After this date you will be able to select Vida 4 and 5 products from our Residential range and Vida 4 products from our BTL range.

Remember to choose IMPACT as your submission route or call the team on 01403 272625 for assistance.

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15/03/2020 - Together withdraw products

In light of the uncertainty around the current economic climate Together want to ensure they continue to lend responsibly, while providing the best service to customers and partners.

With effect from Friday 13th March, the below prime plus products will be coming to an end and you will no longer be able to submit a quote or submit a new case.  This will include:

First charge prime plus products:

  • 2 year fixed rate 4.29% & 5 year fixed rate 4.99%
  • Submitted applications will have until Monday 13th April 2020 to be offered.

Changes to maximum loan size:

Together will also be updating the maximum loan size across some of their product range: 

  • Unregulated Bridge updated to 2m* 
  • Regulated Bridge updated to 1m* 
  • Commercial Term updated to 1m*  
*Max loan based on Gross amount.

You will no longer be able to submit a quote or a new case which is above the new maximum loan size.   For all enquiries and queries, please speak to the impact help desk on 01403 27 26 25

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13/03/2020 - impact - business as usual

We will be keeping a close eye on the government warnings and the increasing impact that COVID-19 is having on our country. We will follow any official guidance as required.

Ensuring the health and well being of our staff, their families, our partners and clients is of our greatest concern.

As it stands, we are business as usual. However, should impact need to close our offices, all of our staff can work from home. The impact portal is cloud based and therefore there should be no impact on the ability to continue to provide you with our full range of packaging and client referral services. Our phone lines will be diverted as required.

We will update you further if things change.

Thank you for your continued support and stay safe.

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13/03/2020 - Precise reduce HMO beds

On Thursday 26th March Precise are introducing changes to their HMO and Limited Company HMO criteria to allow for a maximum of 6 lettable rooms (bedrooms).

If you have a new 7-8 bedroom HMO application you would like to place with Precise Mortgages, we can accept these provided they are submitted before 6pm on 26th March.

If you have a 7-8 bedroom HMO case currently progressing with Precise, they will get in contact with you.

Remember, impact has access to a wide variety of lenders to assist with the larger HMOs, etc so please contact the helpdesk on 01403 27 26 25

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13/03/2020 - Foundation make changes

On Monday 16 March, FHL will be making some changes to some of their buy to let products and extending the end dates.

At the same time they will be withdrawing the following products:

  • HMO large loan product
  • Large HMO large loan product
  • Short Term Let large loan product
  • 5 year fixed rate large loan product with a 0.75% fee

FHL will also be making a number of other changes including product fee reductions and a new product.

Please contact the impact helpdesk to discuss an enquiry on the existing range

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10/03/2020 - Saffron withdrawing BTL

On Thursday 12th  March at close of business 5pm, Saffron will be withdrawing all their BTL products from sale.

BTL ranges being withdrawn from sale:

Everyday BTL

Limited Company BTL

Expat BTL

BTL Light refurbishment

Houses of Multiple Occupation (HMO)

Houses of Multiple Occupation (HMO) Light Refurbishment

In order for any BTL cases in progress to be honoured, the case must be fully submitted with fees paid by 4.59pm on Thursday 12th March

At this time they will not be replacing their withdrawn BTL products.  

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27/02/2020 - TML to withdraw 90% products

TML are withdrawing their 90% product ranges.

DIPS must be completed by 5pm on 28th February

All applications must be in with them by close of business on Wednesday 4th March.

Please contact the impact help desk asap for assistance or to complete DIPs and APPs. 

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24/02/2020 - Dudley make changes to LTI

Dudley have made changes as follows:

Loan to income ratios will now be capped at 4.49x income across all applications, excluding pound-for-pound remortgages and unregulated buy to let loans.

  • The maximum LTV for lending into retirement will be 75%.
  • The maximum LTV for lending in retirement will be 70%

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14/02/2020 - Specialist Lending & Tech Expo

Impact Specialist Finance, the specialist mortgage broker and distributor, has announced that it will be hosting two Specialist Lending and Technology Expos.

These will consist of a full day of activities centred around introducing brokers to specialist finance providers with a focus on complex residential, buy to let, bridging and commercial finance. Technology will also form an integral component within the day, in terms of demonstrating how intermediaries can implement online tools, systems and solutions into specialist finance offerings to meet the ever-shifting needs of the modern borrower.

The events will take place at Gatwick on Thursday 26 March and Solihull on Thursday 24 September. They will start at 9.30 am and include provider roundtables alongside interactive technology demos. There will also be plenty of time to meet and talk to all the exhibitors over the course of the day. Unstructured CPD points will be provided and certificates sent post event. 

Exhibitors currently include:

- Bluestone Mortgages

- Fleet Mortgages

- Landbay

- Harpenden BS

- Kensington Mortgages

- MT Finance

- Kent Reliance/Interbay

- Tipton & Coseley BS

- The Mortgage Lender

- OMS

Numbers are limited so please register now to confirm your place https://slate-gatwick.eventbrite.co.uk

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10/02/2020 - Axis Bank Withdrawals

Axis Bank UK has withdrawn all BTL products.  

Last day for submission of new Decision in Principles: Wednesday 12th February 2020 (close of business) and application be must submitted immediately upon acceptance.

Last day for submission of new Applications: Friday 14th February 2020 (close of business)

Please contact impact to find out more and to submit enquiries.

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30/01/2020 - New from Foundation

Foundation has made changes to criteria on their BTL product range as follows:

New (Portfolio Only) BTL Low Loan products and Residential Fee Assisted Products. 

BTL Low Loan:
1. Available to Portfolio landlords only
2. Minimum loan £30k
3. Minimum property value £60k
4. Maximum loan £100k
5. Reduced product fee of £995

Residential Fee Assisted:
1. 1 Free standard valuation
2. Application fee of £125 waived
3. £250 Cashback
4. Reduced product fee of £595

Please contact the **impact** helpdesk to find out more.

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06/01/2020 - Vida withdraw rates

Vida will be withdrawing a small number of BTL products at 8pm on Monday 6th January: BTL Vida 1, 70% LTV, both 2 and 5-year fixed rates

DIPS must be submitted by 8pm on Monday 6th January to secure.

Remember to choose impact as your payment route!

New rates will be issued on Tuesday 7th January. 

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02/01/2020 - Interview with Kensington

Dale Jannels, impact MD recently met with Chris Kirby, National Account Manager at Kensington. 

Their discussion includes reasons to use Kensingon, the markets and what is in store for 2020.

See the whole video here  http://www.impactpackaging.co.uk/intermediaries/lenders/Kensington/

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24/12/2019 - Wishing you a very Merry Christmas!

Our offices will be closing today from 1pm.

We will be closed 25th, 26th, 27th and 28th. 

30th Open 9am - 5.30pm
31st Open 9am - 1pm
1st Closed
2nd Business as usual.

Many thanks for your continued support if impact packaging and we look forward to working with you closely in 2020.

Wishing you and your families a very Merry Christmas and Happy New Year! 

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10/12/2019 - TML launch products

TML have launched some new semi-exclusive products via impact packaging aimed at helping those with less than perfect credit, complex incomes and new build properties.

Key features include:

  • Rates from 2.49%
  • Up to 85% LTV
  • Utility and Communications defaults are NOT considered adverse credit
  • Unsecured 2 missed in 24
  • CCJs 0 in 72 months
  • Defaults 0 in 36 months
  • Secured arrears 0 in 36 months
  • No current DMP and Payday loans satisfied 12 months prior to application.
  • This product is not available whole of market
Please call the impact team to find out more and to submit an enquiry.

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09/12/2019 - Interview with Octane

Impact managing director Dale Jannels interviews Octane Capitals Justin Cooper on the market, their offerings and more. 

See the full video at https://www.youtube.com/watch?v=19vWqnHU1wk&feature=youtu.be

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28/11/2019 - Foundation update products

Foundation has withdrawn all current residential products and relaunched with new products and new LTV bands:


- Max 90% LTV up to 500k
- Max 85% LTV up to 750k
- Max 75% LTV up to 1m
- Max 65% LTV up to 2m.

Adverse for all residential products has been replaced with new criteria including:

- F1 Defaults/CCJs 0 in 36 months (CCJs must be satisfied at time of application).  
- F2 Defaults/CCJs 0 in 24 months(1 unsatisfied CCJ if older than 24 months and under 200). 
- F3 Defaults/CCJs 0 in 12 months(1 unsatisfied CCJ if older than 12 months and under 200).

Full details can be seen by clicking on to the Foundation page in Lenders, or call the impact helpdesk to find out more.

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26/11/2019 - Updates from Fleet

Fleet Mortgages introduces reduced rates on their 80% BTL product:

- 3.59% fixed to 31/1/2022 with 1.50% fee

HMO/MUB properties:
- 4.19% fixed to 31/01/2025 with 2% fee 

Both include FREE Valuation on properties up to 500,000. 

Withdrawn products are BTL00218 and HMO00115.

Call the impact help desk to find out more.

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19/11/2019 - Shawbrook increase procs

We are delighted to confirm that Shawbrook Bank has increased their proc fees and therefore all new applications sent to impact bridging and packaging will now offer the following increased proc fees:

  • Short Term Lending = 1.10%
  • Buy to Let = 0.875%
  • Commercial = 0.875%
Remember, impact is a Strategic Partner with Shawbrook which not only gives us better proc fees to pass on to you, but we have access to key personnel which provides a better overall service.

Please speak to the impact help desk to find out more.

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13/11/2019 - Fleet make changes

Fleet have made a number of changes which cover a range of criteria including maximum loan sizes, minimum property value, transactions between connected parties and gifted deposits.

Please call the impact help desk to find out more. 

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22/10/2019 - Hampshire Trust Bank added

We are delighted that Hampshire Trust Bank has joined the impact packaging panel. 

HTB provides a range of specialist mortgage solutions including bridging, refurbishment, development exit finance, buy-to-let and HMO and semi-commercial mortgages with loan amounts of up to B#15m.

Dale Jannels, managing director at Impact Specialist Finance, said: "Challenger banks, such as Hampshire Trust, are really pushing the boundaries when it comes to developing innovative new products, creating more choice across specialist markets and raising service standards across the board."

Alex Upton, sales director at HTB, added: "I am delighted that we have partnered with Impact Specialist Finance on this agreement. As we are particular about working closely with partners who share our same high standards, attention to detail and customer focus, I am confident this collaboration will be a great success."

Call the impact help desk to find out more!

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17/10/2019 - Precise change HTB criteria

Precise Mortgages has made enhancements to their Help to Buy proposition.  These changes bring the following improvements:

- capital raising is now allowed, for the purpose of stair-casing
- The max LTV for a remortgage has increased to 85%
- introduction of new pricing at 85% LTV

Remember - 0 packaging fee and 0.5% proc fee paid on all Precise Mortgages Residential and Buy to Let ranges via impact packaging! 

Call the team to find out more.

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08/10/2019 - New Debt Management range launched

impact packaging have a new range of mortgage options for those with a Debt Management Plan.

Highlights include:

- Lending up to 85% LTV + lender Fees
- DMP can remain post completion and affordability calculated on reduced DMP
- Satisfied DMPs or Active DMPS acceptable 
- Satisfied DMPs no minimum time it needs to have been running (active DMPs min 12 months)
- Can have had adverse since the DMP
- Defaults registered up to 5 in last 24 months, no limit thereafter
- Defaults do not need to have been satisfied
- Can consider payday loan defaults
- Debt Advisory Schemes (DAS) are also able to access this range
- Rates from 3.15%

Call the impact packaging help desk to discuss an enquiry

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01/10/2019 - New product changes from the Tipton BS

Tipton has made a number of enhancements to their current product range including:

  • Up to 4 incomes / 4 applicants
  • Joint Borrower/Sole Proprietor
  • Lending in to Retirement
  • Pension income
  • Newly Qualified Teachers
  • Zero Hours
  • Second Incomes
  • Probationery Periods
  • Foster Cars
  • Capital Raising
  • Increasing BTL Max loan to GBP 950k
Please contact us to find out more. 

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01/10/2019 - Like what we do?

Voting closes for the Mortgage Strategy and Mortgage Introducer awards THIS Friday (4th October).

We would be grateful for your vote:

Mortgage Strategy
- Best Broker BTL
- Best Broker Digital Innovation
- Best Broker Short Term Lending
- Best Specialist Broker/Distributor
Please CLICK HERE (https://www.surveymonkey.co.uk/r/publicvote_msa2020)

Mortgage Introducer
- Buy to Let Broker
- Bridging Broker of the Year
- And Innovator of the Year - our colleagues at OMS
Please CLICK HERE (https://mortgageintroducerawards.com/voting/)

Thank you in advance, it is appreciated 

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20/09/2019 - Vida launch new semi-exclusive

Vida are launching a new semi exclusive Buy to Let through impact packaging:

  • 3.29% 5 YEAR FIXED BUY TO LET
  • Up to 75% LTV
  • 3495 Product Fee
  • Available for loans from 200000 to 500000
  • Any limited company, trading or SPV
  • No income verification on BTL unless topping up
  • Portfolio Landlords up to B#4m/20 properties with Vida
  • Rental Top up from 115%
  • Capital Raising to repay bridging loan allowed*
  • ERC: 4%,4%,3%,3%,2%
Not Available for Expats / HMO / MUBs
Private Bridges not considered

Be quick as this will not be round for long! Call the impact packaging helpdesk today!

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19/09/2019 - Fleet added to lender panel!

We are delighted to welcome Fleet Mortgages to the impact packaging lender panel.

Their offering includes Buy to Let, limited companies, Multi Unit and HMOs.  Rates start from 2.94% and some products include free valuations. 

It is also great to welcome Wayne Fitzpatrick as our new on-site underwriter for Fleet Mortgages.

Fleet Mortgages are an established specialist BTL lender with an excellent service proposition, which will be further enhanced by our sales and processing teams having access to his underwriting expertise on a face to face basis.

We are looking forward to keeping Wayne busy! Call 01403 27 26 25 to speak to Wayne. 

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13/09/2019 - UTB Launch exclusive purchase product

UTB have launched a superb new Residential Purchase product range through impact

A summary of the new Residential Purchase product range is below:

  • Max 85% LTV and 500k loan size
  • No minimum credit score
  • Lifetime BoE trackers alongside 2yr, 3yr and 5yr fixed rates
  • ERC-free options for lifetime BOE trackers and 5yr fixed rates
  • Gifted deposits, gifted equity and purchase at undervalue accepted
  • Flexible property types with no LTV restrictions
  • No first time buyers, right-to-buy, new build properties or vendor deposits
  • ID verified digitally through the UTB Nivo App
  • Max 6.0 LTI under 60% LTV and 4.5 LTI over 60% LTV
Full product details are available on our website or please call the help desk to find out more.

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13/09/2019 - Precise launch new products

Precise Mortgages have launched some amazing new products

RESIDENTIAL MORTGAGES

  • Rates from 2.99%
  • Fees reduced from 995 to 495 across all tiers and LTVs
  • Rates reduced across all tiers by up to 50bps
BUY TO LET
  • Core Buy to Let: 1.99% 2-year fixed with 2.5% fee, 75% LTV, assessment rate 5.5%
  • Core Buy to Let: 2.79% 2-year fixed with 0.5% fee, 75% LTV, assessment rate 5.5%
  • Core Buy to Let and Limited Company - 2.99% 5-year fixed with 2% fee, 60% LTV, minimum loan size of 750,000, assessment rate 2.99%
  • All Buy to Let - 3.19% 5-year fixed with 2% fee, 75% LTV, assessment rate 3.19%
  • All Buy to Let - 3.34% 5-year fixed with 1,995 fee, maximum loan 300,000, 75% LTV, assessment rate 3.34%
Please contact the help desk to find out more.

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06/09/2019 - Kensington reduce rates across the range

Kensington have made changes to their range and number of rate reductions.

Mortgage Release rate - 70% LTV with rates starting from 3.14%

Select range - 85% LTV with rates starting from 2.99% (95% LTV from 5.09%)

Hero range - 85% LTV with rates from 3.04% (90% LTV from 4.69%)

Young Professionals - 85% LTV with rates from 3.19% (90% LTV from 4.84%)

Premier (Up to 2m) - 85% LTV with rates from 3.14% (90% LTV from 4.74%)

Please call the impact packaging help desk to find out more or submit a DIP online.

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02/09/2019 - New Landbay exclusives for large loans

Landbay have launched some fantastic packager exclusives for loans over 1.5m:

**Standard BTL**
2 yr fixed rates, 1.5% Fee
65% LTV 2.99% / 75% LTV 3.09%

3 yr fixed rates, 1.5% Fee
65% LTV 3.19% / 75% LTV 3.35%

5 yr fixed rates, 1.5% fee
65% LTV 3.35% / 75% LTV 3.49%

Tracker 3.39% 65% LTV / 3.49% 75% LTV /1.5% fee


**Small HMO / MUFB**
2 yr fixed 3.19% - 75% LTV 2% fee
3 yr fixed 3.55% - 75% LTV 2% fee
5 yr fixed 3.65% - 75% LTV 2% fee
Tracker 3.65% - 75% LTV 1.5% fee

**Large HMO / MUFB**
2 yr fixed 3.59% - 75% LTV 2% fee
3 yr fixed 3.77% - 75% LTV 2% fee
5 yr fixed 3.92% - 75% LTV 2% fee
Tracker 3.87% - 75% LTV 2% fee

All the above products have been launched today, terms apply - SEE FULL GUIDE HERE - http://www.impactpackaging.co.uk/intermediaries/Landbay/Landbay%20Exclusive%20Product%20Guide%20September%202019.pdf

Please contact the impact packaging team to find out more or submit a DIP online! 

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16/08/2019 - Extra 500 GBP on UTB Bridging

For all new bridging loan applications of over 500k submitted to impact packaging for UTB this summer, your clients will receive 500 GBP cashback when the loan draws down.

What is more, each qualifying DIP will earn you a UTB Golden Owl point and an entry into a raffle to win great prizes and experiences. The more Golden Owl points you earn, the more raffle entries you get and the more prizes you can choose from if you win.

The promotion is open to all brokers that submit qualifying DIPs between 17 July and 30 September 2019. UTB Terms and conditions apply.

Our Bridging specialists are ready, willing and able to assist with getting your deals paid out this summer.

Speak to the impact packaging team today!

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16/08/2019 - Masthaven withdraw limited range

This is advanced notice that Masthaven are withdrawing their recent Limited Edition Residential & BTL products.

This has been the first time they have gone with a Limited Edition product and the take up has been fantastic, thank you, but all good things must come to an end.

Therefore, we will be withdrawing the products at 5.30pm Friday (tonight). Also, accepted DIPS then need to be converted to full mortgage application by 5:30pm the following Friday  23rd August.

If you have someone contemplating these super deals, please request impact packaging to complete a DIP asap.

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16/08/2019 - Bluestone to change variable rate

On 1st September 2019, the Bluestone Variable Rate will increase from 1.5% to 2.0% which will increase their Term Variable and Reversion Rates.

The change will be reflected in new business rates from 14th August 2019. Please check out their latest product guide for full details.

Sourcing systems are currently being updated.

The new Bluestone Variable Rate will take effect on existing loans from 1st September 2019. They will write to all customers outlining the change and issue revised documentation where appropriate.

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08/08/2019 - UTB add cash bonus for the summer

UTB have a summer offer on all bridging loans! 

For all new bridging loans, via impact packaging, UTB will give the clients an extra GBP500 cashback when the loan draws down. 

In addition, each qualifying DIP will earn you a Golden Owl point and an entry into a raffle to win great prizes and experiences.  The more Golden Owl points, the more raffle entries you get. 

The promotion is open until 20th September.  T&Cs apply.

Call the impact packaging help desk to find out more.  

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07/08/2019 - TMA add impact packaging

Impact packaging has been added to the TMA approved packager panel to help cement the specialist distributors long standing relationship with the LSL Group.

This partnership will enable TMA members to access Impacts extensive range of specialist lending solutions and relationships in areas such as bridging, specialist buy to let, commercial, credit impaired, mortgages abroad and later life lending, amongst others.

TMA works with directly authorised intermediaries to offer mortgage, protection and general insurance products as well as a range of compliance support and ancillary services.

We look forward to working with all TMA members.

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25/07/2019 - Masthaven summer deals

As we are looking at soaring temperatures today Masthaven thought they would cool you down with 2 fantastic Limited Edition products which are live from 9am.

The two products launching on Thursday 25th July are as follows
  • 30 month Fixed Rate for First Charge Residential with rates starting at 3.04% and lender fee starting at 1,295
  • Competitive 5 Year Fixed First Charge BTL Specialist Standard with a fixed fee of 2,995 and a rate of 3.38%

The existing criteria as well as other fees and charges (apart from the lender fees which are outlined below) for the products will remain the same for the applicable product type:

  • For the residential products the criteria remains the same as the existing MBO/MB1/MB2 range and all other fees and charges (with the exception of the lender fee) remain the same as the existing standard residential range
  • For the BTL products the criteria for the Specialist Standard range remains the same as the existing specialist standard range and all other fees and charges (with the exception of the lender fee) remain the same as the existing standard residential range

Summarised below are the limited edition products with the pricing and fee variants

30 month Fixed for First Charge Residential

  1. MB0 Increase in fee to 1295 (rates from 3.04%)
  2. MB1 Increase in fee to 1495 (rates from 3.64%)
  3. MB2 Increase in fee to 1495 (rates from 3.74%)

 Limited Edition 5 Year Fixed for First Charge BTL

  •  Specialist Standard modified to a fixed fee of 2995 (rate of 3.38%)
To discuss an enquiry or to find out more, please contact the help desk on 01403 272625

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25/07/2019 - Foundation withdrawals

Foundation are to withdraw the following two products at close of business on July 31st:

  • BTL-F1 Portfolio Landlord Special 3.39% Fixed to 31-10-2024 75% LTV 1.5% fee - FV (1921FA6027)
  • LLC BTL-F1 Portfolio Landlord Special 3.39% Fixed to 31-10-2024 75% LTV 1.5% fee - FV (1921FB6023)

Please send applications to impact specialist finance in time for us to upload with the lender in order to secure funds.

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25/07/2019 - Pepper Money to help clients with issues

Pepper Moneys mission, should you choose to accept it, is to help borrowers get a mortgage that is right for them.

Defaults, CCJs, and missed payments should not get between your client and their mortgage. Pepper Money has designed their 6-24 mortgage products to help borrowers who have missed unsecured payments, or had a CCJ or default registered, as little as 6, 12, 18, or 24 months ago.

What is more, they start with a conversation rather than a credit score, taking a sensible approach to underwriting.

  • Zero completion fee options
  • Flexible criteria for multiple CCJs
  • No pound value limit for CCJs and defaults and they do not need to be satisfied
  • CCJs and defaults considered from as recently as 6 months ago

Begin Mission by calling impact specialist finance on 01403 272625


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22/07/2019 - UTB Launch semi-exclusive

SEMI-EXCLUSIVE: Minimum Property Value reduced to 75k, for loans up to 60% LTV


The minimum property value has been reduced to 75k for loans up to 60% LTV. Standard LTV criteria applies for all properties valued over 100k.

Other product features such as No Minimum Credit Score, AVMs up to 250k and no borrower legal representation all still apply.

New 3 Year Fixed Rates
To compliment the existing 2 and 5 year fixed rates, a new range of 3 year fixes has been launched, summarised as below:

  • Available up to 500k and 85% LTV
  • 0 Status 3 year fixed rates from 3.90%
  • 1 and 2 Status 3 year fixed rates from 4.50%
  • All fixed rates revert to Lifetime BoE Trackers at the end of the fixed rate period
Please speak to the help desk to find out more or to discuss an enquiry. 


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22/07/2019 - Vida changes

Vida will be withdrawing a small number of BTL and Residential products at 8pm on Tuesday 23rd July:

    • BTL Vida 1, 85%, both 2- and 5-year rates.
    • Residential Vida 1, 90% LTV, both 2 and 5 year rates.
  • Replacement products will be available on Wednesday 24th July
  • All DIPs must be submitted by 8pm on Tuesday 23rd July. After this you will required to select a product from the new range in order to proceed. 
  •  
  • Accepted DIPs must be submitted as a full mortgage application, including payment of the appropriate fees, by 8pm on Friday 2nd August.
Remember to choose impact as a payment route if you are going directly! 

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22/07/2019 - Precise withdrawals

On Monday 22nd July Precise will be withdrawing and replacing their entire range of residential and buy to let mortgage products including refurbishment buy to let products.

They will also be improving their minimum loan sizes by reducing to 40,000 on their buy to let range (specific product restrictions may apply).

All current products can be secured by submitting a full application by 8pm tonight. 

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04/07/2019 - Bluestone Help to Buy is popular

This is a very POPULAR product and Bluestone continue to provide a free standard valuation on all HTB products which is instructed on receipt of the application.

Check out the key products highlights below;

- Help to Buy England, London & Wales schemes available

- 5% Builders incentives accepted
- 5 year fixed rates starting from 4.89%
- Up to 3 CCJs in the last 36 months with no monetary limit
- Up to 4 Defaults in the last 36 months with no monetary limit
- 4 missed mortgage payments in the last 13 - 24 months 
- Solutions for customers with IVA & Bankruptcy
- DMP accepted and can remain on completion
- Mortgage offer valid for 6 months with extensions possible

If you are interested in this product offering or have any question then please give us a call on 01403 27 26

Be quick, funds are going fast! 

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04/07/2019 - Landbay launch large loans

The Landbay portfolio has had a makeover, so we can bring you and your customers better rates, better fees and offer bigger loans.

What is new?

  • Rates reduced by up to 0.6%
  • Fees reduced by up to 0.5%
  • Loans between B#1.5m and B#2m are exclusively available via a limited distribution including impact specialist finance
Example rates:

Small HMO / MUFB
- 65% LTV 3.49% tracker / 3.09% 2 year fixed
- 75% LTV 3.65% tracker / 3.09% 2 year fixed

Large HMO / MUFB
- 75% LTV 3.87% tracker / 3.59% 2 year fixed

Call to discuss a new enquiry!

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04/07/2019 - Axis Bank change criteria

We are delighted that Axis Bank UK has refreshed their existing product range and launched a new range of products:

Key changes include:

  • Landlords are now only required to hold 2 BTL properties for 2 years (compared to 3 previously).
  • Where applicant 2 is a spouse, experience as a landlord is no longer required.
  • There is now a flat B#499 completion fee option on 2 year fixed rates
  • There is now a zero completion option on 5 year fixed rates.
These amendments compliment their already competitive criteria:
  • No minimum income,
  • No compulsory additional legal advice,
  • No rate loading for Limited Company SPVs,
  • Ex Pats accepted,
  • HMOs Multi Units and Holiday Lets (inc AirBnB) accepted
Please contact the helpdesk to find out more - 01403 27 26 25

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04/07/2019 - Kensington 95% LTV Fee Free

Kensington has launched a new product through their specialist packagers.

Available for Purchases only

  • No lender application fee
  • 95% LTV
  • Free valuation (T&Cs apply)
  • Available in England, Wales and Scotland
Credit History

  • Defaults acceptable if older than 36 months (all communication defaults ignored).
  • Secured Loan Arrears acceptable if older than 36 months
  • CCJs (unsatisfied CCJs will be accepted at the underwriters discretion) 72 months
  • Unsecured Credit arrears acceptable if accounts now up to date Max status of 2 in last 12 months
  • Unable to accept any Debt Management Plans (DMP) in place less than 12 months
  • Payday loans - none in 12 months
Call now to find out more!

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02/07/2019 - Landbay launch exclusive large loan products

Landbay have changed a number of products and increased loan sizes. 

Their entire portfolio has had a makeover, so we can bring you and your customers better rates, better fees and offer bigger loans

Same great service, new and improved rates and fees. 

What is new?

  • Rates reduced by up to 0.6%
  • Fees reduced by up to 0.5%
  • Loans now available up to B#2M - exclusively through packagers.
All loans B#1.5m - B#2m are available through impact specialist finance.

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02/07/2019 - Saffron increase fees

Saffron are increasing their application fees as of Wednesday 3rd July. The new fees will be as follows: 

  • Residential Application Fee = £180
  • BTL Application Fee = £200

Their Self-build application fee remains at £300. All our application fees are payable upon submission of a full mortgage application and are non-refundable.

There is also changes to our valuation fee scale, for reference please check the Saffron for Intermediaries website tomorrow for the update.

Any DIPs submitted with product selected by close of business on Tuesday 2nd July will be unaffected by this change and the application fee and valuation fee will be as per current fee scale.

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01/07/2019 - Kensington launch Mortgage Release

Kensington launch Mortgage Release range.

Aimed at helping those currently stuck with their lender:

- Reduced stress rate
- no application lender fee
- England, Wales, Scotland
- £75,000 min valuation
- Existing mortgage to be held for at least 10 years.
- Remo on like for like basis.

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26/06/2019 - Dudley are 15 days behind

Dudley BS have issued their current timescales:

Applications: 15 working days (Currently working on applications seen to be ready from 05.06.19)

Post/Offers/Valuations: 13 working days (Currently working on post received 07.06.19)

They are not prioritising any cases currently. 

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25/06/2019 - Precise to make changes to BTL

Precise Mortgages will be increasing the minimum loan size across their personal ownership and limited company buy to let range on Thursday 27th June. There are no other changes to the range.

  • Personal ownership minimum loan size moving to 100,000 (was 25,001)
  • Limited company minimum loan size moving to 50,000 (was 25,001)
  • No change of loan size to HMO and Ltd Co HMO products
To secure a product from the current range you must fully submit your application by 8pm on Wednesday 26th June, and ideally selecting impact sf as your payment route! 

For any assistance, please call the help desk on 01403 27 26 25

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20/06/2019 - New 5 year fixed from FHL

Foundation Home Loans have launched a limited tranche of funds product for BTL:


Portfolio Landlords:

  • 75% LTV - 3.39% fixed to 31/10/2024
  • Available to individuals and limited companies for purchase and re-mortgage applications
  • Product Fee is 1.50%
  • The FHL Application Fee of 125 is waived for this product only.
  • The product carries one free standard valuation per case (for both purchase and re-mortgage applications) T&Cs apply

Remortgage Special:

  • 65% LTV - 3.59% fixed to 31/10/2024
  • 75% LTV - 3.89% fixed to 31/10/2024
  • Available to individuals and limited companies for re-mortgage applications
  • Product Fee is 2,995
  • The product carries one free standard valuation per case and B#250 cashback. T&Cs apply
Available on F1 criteria only - not available to HMOs, MUBs or STLs. Rental 145% of pay rate for individuals and 125% of pay rate for Ltd Cos.

Call the impact help desk on 01403 27 26 25 to find out more.


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11/06/2019 - Hero range launched by Kensington

Kensington understand that certain professions are not a typical Monday to Friday, 9 to 5, and that sometimes the people in these professions are dedicating themselves to better our nation, our community, our friends and our families... they are our Heroes.

These everyday Heroes do not always have everyday circumstances, and that is Kensington has introduced the Hero Mortgage Range for public sector employed skilled workers, such as those in the Armed Forces, Teachers, Police Officers and Nurses. 

Call us to find out more

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11/06/2019 - Pepper summer special!

Pepper Money are heating things up this summer by launching a limited edition Summer Special, with rate reductions across nearly all Residential and Buy to Let products.

Rates have been cut by up to 0.15%:

  • Residential and Buy to Let Pepper 6-24 5 year fixed products
  • Residential Pepper 6-18 2 year fixed products
  • All DMP products
These reduced rates are limited edition and will not be around for long, so hurry! 

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10/06/2019 - TML revamp range

The Mortgage Lender has revamped their offerings and changed criteria on their residential and help to buy products:

  • Residential CCJs maximum 2,500 in 36 months.  No change to other CCJ measures across the range.
  • Help to Buy CCJs maximum 300 in 36 months.  No change to other CCJ measures across the range.
  • On residential and Help to Buy RL1 and RL2, 2 year fixed rates up to 85% LTV are being reduced.
  • Their Real Life 3 Revert Rate product is being withdrawn.
Any questions, please contact us on 01403 27 26 25

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10/06/2019 - New 5yr fixed from FHL

Remortgage activity has long proved a vital revenue stream for intermediaries within the buy-to-let sector. Particularly in recent times as the increase in stamp duty charges for additional property owners has impacted the number of new purchases, a trend which shows no sign of slowing down any time soon.

A recent study by Foundation Home Loans undertaken by BVA BDRC suggested that nearly a third of all landlords took out a remortgage last year, and a similar number are expected to remortgage in the next 12 months. And, with more landlords looking for additional security and greater longer term stability over their payments, the launch of the Foundation Home Loans five year fixed rate remortgage special is bound to prove attractive for your BTL clients.

The new mortgage is part of Foundations Tier 1 product range and can be accessed by first time landlords, non portfolio and portfolio landlords.

The five year fixed rate remortgage special is priced at 3.59% up to 65% LTV, and 3.89% up to 75% LTV. The product comes with a flat fee of 2,995 and ERCs of 5%, 4%, 3%, 2%, 1%. It also comes with one FREE standard valuation and 250 cashback upon completion.  

Do you have any clients looking for a remortgage special?  Please call us! 

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29/05/2019 - Pepper changing rates

Pepper Money are making some changes to their products:

Withdrawals:
- Residential 2 year fixed rate 70% LTV across Pepper 36-48 range

Changing rates:
- Residential 2 year fixed rate with B#995 fee at 75% LTV on Pepper 48 will increase to 2.90%.
- Residential 2 year fixed rate with B#995 fee at 80% LTV on Pepper 48 will increase to 3.02%.

In order to secure one of these products, please ensure impact packaging have completed a DIP by 5pm on Thursday 30th May.

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21/05/2019 - Dudley turnaround times

Please note that Dudley have released their current turnaround times:

DIPs: 2 working days (Currently working on Dips dated 17.05.19)

Applications: 15 working days (Currently working on applications seen to be ready from 09.05.19)

Post/Offers/Valuations: 5 working days (Currently working on post received 14.05.19)

We will endeavour to get any cases through as quickly as possible.

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20/05/2019 - Latest Product Updates:

We have had various product updates over the last few days, so to summarise:

PRECISE MORTGAGES

Increasing minimum loan size to 100,000 on limited edition and ideal for portfolio buy to let products. 

To secure rates, submit full application online by 8pm TONIGHT.  Do not forget to choose impact sf as your payment route. 

BLUESTONE

Help to Buy products now only available through selected packagers.

Impact are one of the chosen few. 

LANDBAY 

Two new Buy to Let products

Standard 5 year fixed at 3.65%, 1.50% fee. 
Small HMO 5 year fixed at 3.65%, 1.50% fee

SKIPTON INTERNATIONAL

Loan term now increased to 35 years.

INTERBAY

Now fixing rates, no longer linking them on LIBOR

Please call the help desk to discuss these options 

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01/05/2019 - New residential remo exclusive

We are thrilled to launch an exclusive remortgage product offering:

KEY FEATURES:
- 6 x income
- no minimum credit score
- no borrower legal representation
- no proof of building insurance required
- no LTV restrictions on any flat
- 5 year fixed No ERC products available
- AVMS available to B#250k and 75% LTV

PRODUCT HIGHLIGHTS:
- 2 year fixed rates from 3.80%
- 5 year fixed rates from 3.95%
- Debt Consolidation to scheme limits
- CCJs and Defaults (satisfied or not) up to B#15k > 12 months ignored on near prime plans.

To discuss an enquiry, please call the helpdesk on 01403 272625

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30/04/2019 - Dudley make changes

Dudley BS has increased a number of fixed rate products with immediate effect. 

Any pipeline cases will be honoured and any cases that have been successfully accepted at DIP stage must be submitted as a fully packaged application by Tuesday 14th May.

In addition, Dudley wanted to update you with changes to their fixed rate products, these are as follows:

  • The rates of our fixed two year, three year and five year products will all be increasing by 0.20%. 
  • We will no longer be offering separate Purchase and Remortgage Products within our fixed rate products.
Please note the lender is currently 12 working days behind. 

To find out more and for clarification on case updates, please speak to the help desk on 01403 27 26 25

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25/04/2019 - Precise change limited range

On Thursday 25th April Precise will be withdrawing and replacing their Limited Edition Buy to Let Mortgages. 

To secure one of the products, you must fully submit your applications by 8pm on Thursday 25th April

New products will be available from 8.30am on Friday 26th April.

For assistance, please contact the impact help desk on 01403 27 26 25

 

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17/04/2019 - Pepper change rates

On Wednesday 17 April, Pepper will be relaunching their entire core range including our Packager Exclusive to offer greater choice to customers in order to meet their individual circumstances.

All current products will be withdrawn on Tuesday 16 April and the new range launched on Wednesday 17 April. The following updates will be effective as of Wednesday 17 April. 

  • 995 Completion fee across all Residential products except the DMP range
  • 0 limited editions incorporated into core range on Residential Pepper 36 & 48
  • New 0 completion fee products on Residential Pepper 6-24 - introducing zero completion fee option - ideal for those clients looking to borrow up to our maximum LTV and who would normally have added the fee.
  • New valuation fees - out of the 20 valuation fees, Pepper are reducing 11 fees, increasing 4 fees and 6 fees have not changed.  Their biggest reduction is by B#200.
  • Simplified Buy to Let range.
Pepper will also reprice some of their Residential and BTL range, and will remove their 65% LTV products on Residential Pepper 36 & 48. 30 month Residential fixed rates and Buy to Let Limited Editions will also be withdrawn.

In regards to our Packager Special, the following updates will be made:
  • Withdraw Residential packager exclusives on Pepper 6-18
  • Withdraw BTL packager exclusives on Pepper 6-24
  • Launch new B#0 completion fee Residential Packager Exclusives on Pepper 6-12.
To speak to one of the team, please call 01403 272625

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28/03/2019 - Pepper change BTL rules

With immediate effect, Pepper will now only accept applicant(s) with a combined maximum of 9 Buy to Let properties, including the application property(s).

Please note this change applies to new DIPs. All DIP accepts with an illustration produced before 5pm on Thursday 28 March will have until 5pm on Thursday 4 April to be progressed to FMA.

Please contact the help desk to find out more.

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28/03/2019 - Tipton withdraw 5 year fixed rates

Tipton have advised that they have withdrawn their 5 year fixed standard BTL products with immediate effect, these will not be replaced in the short term.

Withdrawn product codes: BF012 and BRF012


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13/03/2019 - Magellan Stop Lending.

From the lender - "Today, Magellan Homeloans, the specialist mortgage lender, announced that it has taken the decision to close for new business.  

In response to competitive pressures the business has recently seen a number of lenders reducing mortgage loan interest rates and increasing credit risk despite increased funding costs. Viewing this as unsustainable Magellan has reluctantly taken this decision, having considered a number of alternative options.

Magellan will cease accepting new business with immediate effect. However, it will continue to honour unexpired mortgage offers, although these will not be extended or materially varied. 

Decisions in principle and applications in the pipeline will not be progressed any further. Mortgage applicants who have paid administration or valuation fees to Magellan but who have not received a mortgage offer will have those fees refunded."

For further information, please contact the team and we will see if we can assist. 

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12/02/2019 - Precise launch large loans

Precise Mortgages have launched Residential products for loans above 1m up to 2m.  This is an exciting new update for Precise enabling your customers to now get residential loans up to 2,000,000. With rates starting from 3.09% and 2, 3 and 5 Year Fixed products available we hope that these products will be well received.

A brief over view of the product details: 

  • Minimum loan size of 1,000,001
  • Maximum loan size of 2,000,000
  • Max LTV of 60%
  • 2 Year Fixed rates from 3.09%, 0.50% Fee and Revert Rate of 5.75%
  • 3 Year Fixed rates from 3.29%, 0.50% Fee and Revert Rate of 5.75%
  • 5 Year Fixed rates from 3.79%, 0.50% Fee and Revert Rate of 5.99%
To find out more, contact the impact help desk on 01403 27 26 25

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08/02/2019 - Tipton launch ExPat range

Tipton & Coseley Building Society has launched a range of Ex-Pat buy to let products.

The Tipton is offering two fixed and two discount products for purchase and re-mortgaging, with a maximum loan size of B#500,000 up to 70% LTV.

The mortgages are available to first-time, self-employed and experienced landlords.
Landlords must hold a UK bank account and have a minimum income of B#20,000 per annum or the equivalent in foreign currency income.

The Interest Cover Ratio (ICR) calculation for experienced landlords for basic and higher rate taxpayers has been set at 125% and 130% respectively stressed at 5.5% or pay rate on their 5 year fixed rate.

An experienced landlord is defined as someone who currently holds, or has held at least one buy-to-let property within the last 12 months.

The ICR for first-time landlords for basic and higher rate taxpayers has been set at 140% and 145% respectively stressed at 5.5% or pay rate on their 5 year fixed rate.

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01/02/2019 - Kent make changes

Kent Reliance have made a number of changes.

RESIDENTIAL

- Near Prime max loan limit increased from £500k to £1m for all ranges - loans over £500k will be subject to max LTV of 80%
- Improvements to LTV thresholds on near prime 2 and 3
- Targeted price reductions across the prime product range
- Price reductions on all shared ownership 2 year fixed products and new 5 year fixed products introduced
- Interest only asset-backed loans, now available for property values of £500k and a minimum loan of £50k

BUY TO LET

- Reduction in minimum loan size to £50k for specialist buy to let, including limited loans and houses of multipl occupation HMO.   Please note that multiple units on a single freehold will still have a £75k minimum loan
- Large loans now available from £750k.

Remember we have an onsite lender underwriter to assist with enquiries.
Call the help desk today! 

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07/01/2019 - AToM changes name!

We are hoping you have noticed our fresh and dynamic new brand!  But in case you missed the press releases:

AToM, the specialist mortgage broker and distributor has announced that, from January 2019, it will change its operating brand to impact specialist finance. This comes after the family run business, which is moving into its 28th year in 2019, has entered into an agreement with Atom bank.

Founder and chairman, Vic Jannels, said, "We have enjoyed many successful years operating in the specialist mortgage distribution sector. During the last few years we have traded alongside the bank as we mostly operate in differing areas of the mortgage marketplace. Our change of brand has been embraced by the whole AToM team and we are ready to make an impact, through impact specialist finance, in the New Year. Our offering to the market will remain exactly as it is today plus we expect to have many new and different lender products available too."

Dale Jannels, Managing Director, added "It is sad to lose the very well-known AToM name as it has served us incredibly well over the last 27 years. But change is good. We sat down and looked at all the things we do, which include Insurances, Mortgages, Protection And Creative Technology, so the new name is right on the money. This is an exciting new era and having a fresh, dynamic, eye catching new brand in impact, will be a great start to 2019"

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21/12/2018 - New from Kensington

Have a look at Kensingtons NEW lower 75% LTV 2 Year Fixed Special rates, available now.

What is new?

  • Residential 75% LTV 2 Year Fixed at 2.74% with B#999 completion fee
  • Residential 75% LTV 2 Year Fixed at 3.24% with B#0 completion fee
  • BTL 75% LTV 2 Year Fixed at 2.94% with 1.50% completion fee
  • BTL 75% LTV 2 Year Fixed at 3.04% with B#1,999 completion fee
  • BTL 75% LTV 2 Year Fixed at 3.64% with B#0 completion fee
Please contact the help desk to find out more on 01403 27 26 25

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21/12/2018 - Magellan change BTLs

Magellan is making some interest rate changes within its range of BTL mortgage products, effective FRIDAY 21st DECEMBER, 2018.
 
Rates on HMOs and Multi-units are reducing by 0.2% while rates on the majority of 2 and 5-year fixed rate mortgages for non-HMOs and Multi-unit properties will be increasing.

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21/12/2018 - Bluestone restrict H2B

Bluestone are making changes to their Help to Buy products from 22nd December. Until further notice, they shall only be offering 5 year fixed rate products in their Help to Buy range.

Applications for the products being withdrawn must be submitted by 5pm on Friday 21st December

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18/12/2018 - Take me Home - Single

Leading figures throughout the mortgage industry have got together to record and release a charity single!  Paul Brett (Landbay and Andrew Montlake (Coreco) wrote Take Me Home and with a diverse number of mortgage Stalwarts, including our own MD, Dale Jannels, recorded the single at Londons Powerstudios with legendary producer Benny D.

Please help end Youth Homelessness and buy or download the single at Amazon, Google Play, Itunes or Spotify. 

Link is http://www.mortgagesleepout.com/take-me-home

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13/12/2018 - Zephyr Homeloans launches

We are delighted to announce a brand new buy to let lender who have been launched earlier this week via AToM.

Providing mortgage products that are focused on meeting the needs of professional property investors.

See more in the lenders page.

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13/11/2018 - Pepper refresh range

Pepper Money have simplified its criteria across all of its product tiers for borrowers with adverse credit. 

The simplified product tiers, which range from Pepper 6 to Pepper 48, make it easier for brokers to quickly recognise the criteria that applies to their clients circumstances.

Pepper 48, which has rates starting from 2.17%, is available for clients who have had 0 defaults, CCJs, mortgage or secured loan missed payments and arrears in the last 48 months.

Pepper 36, with rates starting from 2.23%, is available for clients who have had 0 defaults, CCJs, mortgage or secured loan missed payments and arrears in the last 36 months.

This criteria continues through the range for Pepper 24, Pepper 18 and Pepper 12. Pepper 6 is available to clients who have had 0 defaults or CCJs in the last 6 months, and 0 mortgage or secured loan missed payments and arrears in the last 12 months.

Please speak to the help desk on 01403 272625 to find out more


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12/11/2018 - Precise Refurb to Let

Precise have launched a new Refurb to Let product.

This is ideal for:

*Properties needing works to meet minimum EPC rating, such as boiler replacement
*Properties purchased at auction that need light refurbishment to be acceptable for mortgage purposes
*Landlords choosing to refurbish in order to maximise the rental yield of their property
*Properties bought under valuation

Key Features:
*Precise offer the surety of an exit onto a Buy to Let Mortgage at the time of application (providing there is no change in circumstances and the property meets the expected valuation following refurbishment).   
*One expert underwriter from start to finish
*The same valuer for both the initial valuation and the re-inspection
*One conveyancer and discounted legal fees
*Landlords can borrow up to 75% LTV on the bridge and up to 80% of the post works valuation on the buy to let mortgage helping to optimise cash flow
*Bridging rates start from 0.49% per month and any Precise buy to let mortgage product can be chosen.
*No mortgage repayments are required whilst the refurbishment works are being completed.

CALL the AToM Help Desk to find out more about this new product offering - 01403 272625

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01/11/2018 - Bluestone update IVA policy

We are pleased to advise that Bluestone have updated their IVA policy.

All defaults included in the IVA will no longer be independently assessed when determining which product will be available from their range.  This will allow customers with any number of defaults within  the IVA to secure a mortgage.

This is limited to Sapphire Status Packagers.

Please call the AToM Help Desk to find out more.

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31/10/2018 - Castle Trust onsite today

We are delighted to have Andrea from Castle Trust onsite today.  She is happy to take any of your customers enquiries and you can call her on 01403 272625.

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30/10/2018 - Secure Trust withdraw rates

Secure Trust are adjusting a selection of rates on their residential mortgage products. 

To save the rates, cases must proceed to DIP by 5pm on Wednesday 31st October.

New rates will be issued at 9am Thursday. 

Please call the AToM helpdesk to assist with securing rates. 

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29/10/2018 - Together launch new Packager exclusives

Together have launched some fantastic new packager exclusives with rates starting from 5.49%

To find out more, go to Lenders and click on the Together logo.

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17/10/2018 - TML 90% Exclusive

TML have launched a 90% exclusive through AToM.  Offering 2 and 5 year fixed rates and allowing adverse, these are superb products. 

RL1 starts from 3.99% with no adverse within 4 years and no current DMP
RL2 starts from 4.40% with no adverse within 3 years and no current DMP
RL3 starts from 4.59% with no adverse within 2 years and no current DMP 

995 completion fees.

Speak to the AToM help desk to find out more! 

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17/10/2018 - Pepper launch new rates

Pepper Money have refreshed their Residential product range across Pepper 18, 12 and 6 for clients who have not had a CCJ or Defaults in the last 6 months. 

Speak to the AToM help desk to find out more.

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16/10/2018 - Magellan launch in to Scotland

As part of its continuing growth strategy, Magellan is opening up its range of products to properties in Scotland. Their extensive mortgage collection offers tailored products for all types of borrowers, including self-employed, first-time buyers, those on complex income structures, and borrowers with impaired credit profiles.

To find out more, call the AToM Help Desk on 01403 27 26 25

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16/10/2018 - Family BS withdraw rates

Family Building Society are going to  withdraw the following products on 18/10:

5 year fixed rate until 30/11/2023 3.44% XF0166

5 year fixed rate until 30/11/2023 3.64% XF0167

Please contact the help desk asap to confirm product reservation.

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24/09/2018 - Together Launch new Bridging Rates

Together launch an EXCLUSIVE bridging range

Rates start from 0.49%pm for all loans over 100k.

For loans under 100k, the rate will be 0.59%pm 

Loans are available to 75% LTV

All Residential Investment Loans have NO exit fee.

Call the team to find out more!

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13/09/2018 - New & Exclusive BTL Product Launch

We are delighted to have partnered with Magellan Homeloans for the launch of their brand new BTL products. Magellan have designed this range by landlords for landlords and have assembled a dedicated BTL underwriting team with an average of 10 years experience underwriting BTL mortgages.

New Product Range Highlights:

  • Up to 80% LTV (HMOs & MUBs up to 75% LTV)
  • Available for individuals, SPVs and Trading Ltd Companies
  • Up to 4 applicants per application
  • BTL guarantor option - for inexperienced landlords to purchase HMOs and MUBs using an experienced landlord as a guarantor
  • Gifted deposit/Gifted Equity from family members accepted
  • No limits on portfolio size and no cash flow or business plans required
  • No Personal Guarantees required for SPVs and borrowing under 65% LTV available
  • Joint legal representation with Borrowers solicitor available (min 4 SRA managers in firm)
  • Mortgages within 6 months of purchase considered!
For more information please call our sales team and they will be happy to help!

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12/09/2018 - Kensington 95% LTV Exclusive

Today we are delighted to announce we are exclusive partners with Kensington for the launch of their new 95% Residential mortgage range. This new range is perfect for your clients who are First Time Buyers or home movers, giving them greater flexibility and more choice.

Product Highlights:

  • Up to 95% LTV
  • Rates from 4.64%
  • 2 & 5 Year fixed rates available
  • No completion fee rates and free valuations for purchase available

Accepted adverse:

  • Up to max status 2 unsecured arrears in last 12 months
  • Defaults and secured arrears if older than 36 months
  • CCJs if older than 72 months
  • All communication defaults ignored
  • Debt Management Plans considered if established and satisfactorily conducted for a minimum of 12 months
  • Decisions made by an underwriter, not credit score
To find out more please call our sales team today!

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10/09/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 10th September

FHL - Annette
TML - Laura

Tuesday 11th September

Harpenden - Graeme
Landbay - Joella

Wednesday 12th September

Pepper - Steve

Thursday 13th September

Kent Reliance - Tim

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05/09/2018 - Secure Trust Residential Product Withdrawal

Please note Secure Trust Bank will be updating a selection of their Residential mortgage products on Monday 10th September.

To secure any rates on their current range, please ensure DIPs and Full Mortgage Applications are submitted by 5pm on Friday 7th September.

For more information please call our sales team today!

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05/09/2018 - Precise Mortgages Holiday Lets Range

New Product Highlights:

Holiday Lets

  • Rates from 2.77%
  • Available on Personal Ownership BTL and Limited Company BTL
  • Products capped at 70% LTV
  • Max loan 500K
  • Minimum personal income 40K

Multi Units

  • Rates from 3.09%
  • Available on all BTL HMO products: Personal Ownership HMO & Limited Company HMO
  • Maximum of 6 self-contained flats/units within a single block
  • Up to 75% LTV
  • Max loan 1m
  • Available in England and Wales
Speak to the AToM help desk to find out more or send over a DIP!

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04/09/2018 - New & Exclusive BTL Product Launch

We are delighted to have partnered with Magellan Homeloans for the launch of their brand new BTL products. Magellan have designed this range by landlords for landlords and have assembled a dedicated BTL underwriting team with an average of 10 years experience underwriting BTL mortgages.

New Product Range Highlights:

  • Up to 80% LTV (HMOs & MUBs up to 75% LTV)
  • Available for individuals, SPVs and Trading Ltd Companies
  • Up to 4 applicants per application
  • BTL guarantor option - for inexperienced landlords to purchase HMOs and MUBs using an experienced landlord as a guarantor
  • Gifted deposit/Gifted Equity from family members accepted
  • No limits on portfolio size and no cash flow or business plans required
  • No Personal Guarantees required for SPVs and borrowing under 65% LTV available
  • Joint legal representation with Borrowers solicitor available (min 4 SRA managers in firm)
  • Mortgages within 6 months of purchase considered!
For more information please call our sales team and they will be happy to help!

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03/09/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 3rd September

Bluestone - Simon
Together - Lorenzo
Precise - Ian

Tuesday 4th September

Family BS - Sharon

Wednesday 5th September

Precise - Liza
Shawbrook - Pete
Interbay - Marc

Thursday 6th September

Kent Reliance - Tim
Octopus Property - Charlie

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31/08/2018 - Foundation Home Loans BTL Product Withdrawal

Please note our Exclusive BTL Standard Plus Range with Foundation Home Loans will be withdrawn on the 3rd September!

Please ensure alll DIPs are submitted by midday today to ensure you are eligible for this great product!

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Product highlights:

  • 5 Year fixed rates starting from 3.44%
  • ICR assessed on pay rate
  • Max loan 750K
  • Available up to 75% LTV
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • Reduced 1.75% product fee

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30/08/2018 - Bridging Finance completed in 8 days...

Background

Miss A required urgent bridging finance of B#60,000 against an investment property, to assist with the completion of a new residential property.

The AIP was obtained and the application was submitted to the lender on 31st July.


The Solution


The application was underwritten and the valuation was instructed on the same day. The mortgage offer was then issued on 2nd August and the solicitors were sent their instructions.

The lenders solicitor liaised with the applicants solicitors, ensuring a speedy completion and funds were released on 10th August. 

From AIP to funding in 8 working days, thanks to the relationship we have with our bridging lenders and experienced bridging team!


Remember, not all bridging loans are large, the small ones also count!

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29/08/2018 - Foundation Home Loans BTL Product Withdrawal

Please note our Exclusive BTL Standard Plus Range with Foundation Home Loans will be withdrawn on the 3rd September!

Please ensure alll DIPs are submitted by midday Friday to ensure you are eligible for this great product!

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Product highlights:

  • 5 Year fixed rates starting from 3.44%
  • ICR assessed on pay rate
  • Max loan 750K
  • Available up to 75% LTV
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • Reduced 1.75% product fee

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29/08/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Tuesday 28th August

Landbay - Joella
Precise - Ian

Thursday 30th August

Family BS - Sharon
Kent Reliance - Tim

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23/08/2018 - Tipton Holiday Lets

Tipton & Coseley Building Society have recently launched a new Holiday Let Range through AToM.

  • Available on short-term lets and AirBnB lettings
  • Up to 75% LTV
  • Available on purchases and remortgages
  • Arrangement Fee free options with no ERCs available
  • Free Valuation and Free Legals on remortgages
  • Single dwellings only (no multiple lets)
Speak to the AToM help desk to find out more or send over a DIP!

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22/08/2018 - AToMs Top Reasons for Case Delays

At AToM, we want your case to go through as quickly as possible!

But some cases can be delayed due to:

  1. Documents not being certified at all / or incorrectly
  2. Undisclosed credit information
  3. Undisclosed information i.e. family members who will reside in the security
  4. Income evidence does not match income declared on DIP
  5. Application form, declarations and DDMs not being completed fully and signed
In addition, if there is a delay getting documents to us after the DIP has been agreed, the consequences could be:
  • Clients DIP expires and has to be re-agreed
  • The products can be withdrawn
  • Your client can lose the property they wish to purchase
Every DIP agreed with AToM will have a submission checklist. Please ensure all items requested are received with the application pack and your case will fly through....!

And to help further, our award winning system - AToMTogether can offer you:
  • Free Specialist Sourcing
  • True TWO WAY Lender Integration!
  • Copy applications
  • Online information sending
  • Up to 4 applicants on 1 case
  • 24/7 access
  • Document shopping list on applications
  • Email & Text updates at key milestones
  • 28 Downloadable lender pre-populated application forms
  • And so much more!
Less Time = Quicker Completions = Quicker Proc Fee!

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20/08/2018 - Pepper Product Withdrawal

Please note Pepper will be updating their Pepper36 and Pepper48 products across both their Buy to Let and Residential ranges on Tuesday 21st August.

To secure any rates on their current range, please ensure you submit DIPs with the product selected and illustration produced by 7pm on Tuesday 21st August.

For more information please call our sales team today!

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20/08/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 20th August

Bluestone - Simon
Together - Lorenzo

Wednesday 22nd August

Pepper - Steve
Shawbrook - Pete
Interbay - Marc

Thursday 23rd August

Family BS - Sharon
Kent Reliance - Tim
Harpenden - Graeme
Magellan - Jacqui

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16/08/2018 - Precise Mortgages Holiday Lets Range

We are pleased to announce Precise Mortgages have released a new Holiday Lets range. 

New Product Highlights:

Holiday Lets

  • Rates from 2.77%
  • Available on Personal Ownership BTL and Limited Company BTL
  • Products capped at 70% LTV
  • Max loan 500K
  • Minimum personal income 40K

Multi Units

  • Rates from 3.09%
  • Available on all BTL HMO products: Personal Ownership HMO & Limited Company HMO
  • Maximum of 6 self-contained flats/units within a single block
  • Up to 75% LTV
  • Max loan 1m
  • Available in England and Wales
Speak to the AToM help desk to find out more or send over a DIP!

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14/08/2018 - Tipton Exclusive High Income Multiples

We are delighted to announce Tipton & Coseley Building Society have relaunched their Ltd Edition High Income Multiples product range, hurry though as this will not be around for long!

Product highlights:

-  Up to 6.0x income multiples
-  Rates from 2.64%
-  Up to 85% LTV
-  Maximum loan 450K
-  Free valuations and free legal fees available on remortgages
-  Available across England and Wales
-  Limited funds available, hurry be quick!

Please call our sales team to find out more or to discuss an enquiry!

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13/08/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 13th August

FHL - Annette
TML - Laura
Maria - Together

Tuesday 14th August

Harpenden - Graeme
Landbay - Joella

Thursday 16th August

Masthaven - Roz
Kent Reliance - Tim
Kensington - Mark
Vida - Sally

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08/08/2018 - Kensington Product Range Update

Please note Kensington will be updating their Buy to Let and Residential ranges from Monday 13th August.

To submit a case on their current ranges please see their submission deadlines below:

  • Decision in Principle Illustrations by 5pm Friday 10th August
  • Full Applications by 5pm Friday 17th August
For more information please call our sales team today!

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07/08/2018 - Exclusive Marsden Older Borrowers Range

Does your client have an interest only mortgage and are they searching for their next solution?

Many customers are facing barriers as they get older when it comes to their mortgage. Often, when people are approaching retirement age they are looking to raise additional finance to meet their plans into and during retirement or, looking to downsize or use their savings to pay off their mortgage. Marsdens new mortgage range may give you more options...

Product Highlights:

-  Rates from 2.49%
-  Over 55s, up to age 91
-  Interest Only up to 65% LTV
-  Max loan 750K
-  Min loan 30K
-  Available for purchase or remortgage
-  Minimum valuations 150K
-  Fee assisted legals (remortgages only)
-  Available in England & Wales

To find out more regarding this exclusive product range please call our sales team today!

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06/08/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 6th August

Bluestone - Simon
Together - Lorenzo

Wednesday 8th August

Precise - Ian
Shawbrook - Pete

Thursday 2nd August

Family BS - Michelle
Kent Reliance - Tim

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01/08/2018 - Tipton Holiday Lets

Tipton & Coseley Building Society have recently launched a new Holiday Let Range through AToM.

  • Available on short-term lets and AirBnB lettings
  • Up to 75% LTV
  • Available on purchases and remortgages
  • Arrangement Fee free options with no ERCs available
  • Free Valuation and Free Legals on remortgages
  • Single dwellings only (no multiple lets)
Speak to the AToM help desk to find out more or send over a DIP!

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30/07/2018 - Family Building Society Product Update

Please note from 27th July, Family Building Society have made some changes to their Buy to Let mortgage product range:

  • They have withdrawn and replaced fixed rate products with a decrease in interest rate of 0.10%. End dates have been extended by three months.
  • Withdrawn and replaced variable rate products, including their Buy to Let offset mortgages, with a decrease in interest rate of 0.10%.
  • Added a 3 year fixed rate option.
They will accept applications for withdrawn fixed rate products up to and including Friday 3rd August.

Please call our sales team if you have any queries!

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30/07/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 30th July

FHL - Annette
TML - Laura

Wednesday 1st August

Tipton - Richard & Cammy
Family BS - Sharon
Pepper - Steve

Thursday 2nd August

Kent Reliance - Tim
Masthaven - Roz
Kensington - Mark

Friday 3rd August

Secure Trust - Jonathan
Kent Reliance - Scott

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30/07/2018 - Family Building Society Product Update

Please note from 25th July, Family Building Society have made some changes to their Owner Occupier mortgage product range:

  • They have withdrawn and replaced all fixed rate products - interest rates are unchanged and end dates have been extended by 3 months.
  • No changes have been made to their fixed, discount or tracker rate interest rates.
They will accept applications for withdrawn fixed rate products up to and including Wednesday 1st August.

Please call our sales team if you have any queries!

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26/07/2018 - Kensington 85% LTV Exclusive

We are delighted to announce we have partnered with Kensington for their new and exclusive Ltd Edition 85% Residential product range!

New Product Highlights:

  • Up to 85% LTV
  • Rates from 3.34%
  • 2, 3 & 5 year fixed rates available
  • Fixed 499 Completion fee
  • Available in England, Wales and Scotland
To find out more regarding this new and exclusive product range please call our sales team today!

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23/07/2018 - Kensington Product Range Update

Please note Kensington will be updating their Buy to Let and Residential ranges from Tuesday 24th July.

To submit a case on their current ranges please see their submission deadlines below:

  • Decision in Principle Illustrations by 5pm Monday 23rd July
  • Full Applications by 5pm Monday 30 July
For more information please call our sales team today!

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23/07/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 23rd July

Bluestone Mortgages - Simon

Wednesday 25th July

Interbay - Marc
Shawbrook - Pete

Thursday 26th July

Family BS - Sharon
Harpenden - Graeme

Friday 27th July

FHL - Deb
Kent Reliance - Scott
Precise - Ian

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20/07/2018 - FHL Launch Large Loans via AToM

Foundation Home Loans have launched a large loans range that caters for your clients who are looking for a Buy to Let mortgage from 750k to 1.5m (inclusive of fees).

- Max LTV 65% LTV
- Standard ICR rates
- 5 year fixed from 2.99%
- For Individuals and LTD companies

Speak to the AToM help desk to find out more or send over a DIP!

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20/07/2018 - Family widen ExPat countries via Packagers

Family extend the country approvals list for ExPats via AToM.

Countries now include:

- New Zealand
- China & Malaysia
- Kuwait, Qatar, Saudi Arabia, UAE and India. 
- South Africa & Oman

This is on the condition that the monthly mortgage payments are to be made from a UK bank account where any rental payments are received.

For Oman, China and South Africa, deposits paid must be evidenced as held within a UK bank account and applicants must be working for a recognised large organisation that have a UK presence. 

To find out more, speak to the AToM help desk.

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20/07/2018 - Pepper cut rates

Pepper Money have refreshed their residential product range.  The highlight is a cut in rates by up to 0.55% on their 5 year fixed ranges Pepper 18, 12 and 6. 

To find out more, speak to the AToM sales team or click on the Pepper page under Lenders.

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12/07/2018 - Aldermore Later Life Lending Range

Have you seen our new and exclusive Later Life Lending Range with Aldermore?

**We are the only packager in the UK to have access to this product!**

Later Life Lending Range Product Highlights:

  • Available to over 55s, up to age 99
  • Repayment to 75%, I/O to 60%
  • Sale of property accepted
  • 5 & 10 Year fixeds available
  • All incomes considered
  • Rental income used to age 85
  • Minimum valuation 60K
  • Free legals on remortgages
For more information regarding this fantastic new product range please call our sales team today!

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09/07/2018 - Secure Trust 90% LTV Adverse Exclusive

This morning we are delighted to announce we are partnering with Secure Trust for their New & Exclusive 90% LTV Adverse Product Range!

New Product Highlights include:

-  Up to 90% LTV
-  Rates from 4.04%
-  No product fees available
-  Maximum loan 500K
-  Up to 4 CCJs in 36 months accepted (0 in 24 months)
-  Defaults 0 in 24 months (telecoms, utilities and mail order defaults ignored)
-  Secured arrears 1 in 36 months (0 in 24 months)
-  Up to 2 unsecured arrears accepted in 36 months (1 in 12 months)
-  DMPs accepted if satisfied more than 24 months ago
-  Bankruptcies/IVAs accepted if discharged more than 72 months ago

To find out more regarding this new and exclusive product range please call our sales team today!

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05/07/2018 - Landbay Packager Exclusive

Landbay are a specialist buy-to-let mortgage lender with tailored lending solutions for experienced Landlords and complex cases. With their personalised underwriting team, you can expect a lending offer, subject to valuation, within 48 hours of application, simple fee structures and low interest rates. Landbay buy-to-let mortgages are funded entirely through their peer-to-peer alternative investment platform.

New Product Highlights:

- Rates from 3.49% (up to 0.26% off standard rates)
- Up to 75% LTV
- 5 Year fixed rates available
- Max loan 1m
- Minimum loan 150K
- Available on standard BTLs, small and large HMOs/MUFBs
- Minimum valuation 80K
- 1.75% Product fee (compared to 2% on standard products)

For more information regarding this product range please call our sales team today!

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28/06/2018 - Precise Mortgages Ltd Edition 5 Year Fixed BTLs

Today we are delighted to announce Precise Mortgages have launched a new Limited Edition 5 Year Fixed BTL product range. 

The new products offer a reduction in both rate and fee compared to their standard BTL range, helping your customers benefit from lower up-front costs and a lower monthly payment. 

Hurry, these products are available for a limited time only!

Product highlights include:

  • Minimum loan size reduced to 175K
  • Rates from 3.49%
  • Up to 75% LTV
  • Available for personal ownership, HMOs & Ltd Companies
  • Ideal for low yield, high value properties
  • Fees from 1.0%
For more information on this new product range please call our sales team today!

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25/06/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 25th June

Hodge Lifetime - Abeena

Tuesday 26th June

Kent Reliance - Tim
Shawbrook - Pete
Together - Lorenzo

Thursday 28th June

Kent Reliance - Tim
Family BS - Sharon
Harpenden - Graeme
Magellan - Jacqui

Friday 29th June

FHL - Russell

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21/06/2018 - Landbay Packager Exclusive

Landbay are a specialist buy-to-let mortgage lender with tailored lending solutions for experienced Landlords and complex cases. With their personalised underwriting team, you can expect a lending offer, subject to valuation, within 48 hours of application, simple fee structures and low interest rates. Landbay buy-to-let mortgages are funded entirely through their peer-to-peer alternative investment platform.

New Product Highlights:

- Rates from 3.49% (up to 0.26% off standard rates)
- Up to 75% LTV
- 5 Year fixed rates available
- Max loan 1m
- Minimum loan 150K
- Available on standard BTLs, small and large HMOs/MUFBs
- Minimum valuation 80K
- 1.75% Product fee (compared to 2% on standard products)

For more information regarding this product range please call our sales team today!

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20/06/2018 - Exclusive Marsden Older Borrowers Range

Does your client have an interest only mortgage and are they searching for their next solution?

Many customers are facing barriers as they get older when it comes to their mortgage. Often, when people are approaching retirement age they are looking to raise additional finance to meet their plans into and during retirement or, looking to downsize or use their savings to pay off their mortgage. Marsdens new mortgage range may give you more options...

Product Highlights:

-  Rates from 2.49%
-  Over 55s, up to age 91
-  Interest Only up to 65% LTV
-  Max loan 750K
-  Min loan 30K
-  Available for purchase or remortgage
-  Minimum valuations 150K
-  Fee assisted legals (remortgages only)
-  Available in England & Wales

To find out more regarding this exclusive product range please call our sales team today!

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18/06/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 18th June

FHL - Annette
Together - Maria
TML - Laura

Tuesday 19th June

Kent Reliance - Tim
Landbay - Joella
Axis Bank - Ian

Thursday 21st June

Kent Reliance - Tim
Family BS - Sharon

Friday 22nd June

FHL - Russell

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15/06/2018 - Updated Masthaven First Charge Bridging Range

Have you seen Masthaven have updated their First Charge Bridging Range?

Suitable for owner occupied or property investors, Masthaven can provide first charge residential bridging loans from 100K to 750K for their updated prime range customers.

Product highlights:

  • New 75% LTV available on purchase on Prime Range through AToM
  • Available for properties in England, Wales and Scotland
  • Loans from 100K
  • Loans up to 750K on Prime Range
  • Terms up to 12 months for regulated loans
  • Terms up to 18 months for non-regulated loans
  • No exit fee or Early Redemption Penalty
For more information please call our Commercial team today and they will be happy to help!

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14/06/2018 - New & Exclusive BTL Standard Plus Range

We are delighted to announce our New & Exclusive BTL Standard Plus Range with Foundation Home Loans!

As a specialist lender Foundation Homeloans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Product highlights:

  • 5 Year fixed rates starting from 3.44%
  • ICR assessed on pay rate
  • Max loan 750K
  • Available up to 75% LTV
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • Reduced 1.75% product fee
For more information please call our sales team and they will be happy to help!

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12/06/2018 - Highly Commended for Best Use of Fintech

We are delighted to announce AToMTogether was Highly Commended in the Best Use of Fintech award at the B&C Awards last week!

Remember AToMTogether offers you:

-  Free Specialist Sourcing
-  Full TWO WAY Lender Integration!
-  Copy applications
-  Up to 4 applicants on 1 case
-  24/7 access
-  Document shopping list on applications
-  Email & text updates at key milestones
-  Downloadable lender pre-populated application forms
-  And so much more!

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11/06/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 11th June

Together - Lorenzo

Tuesday 12th June

Kent Reliance - Tim
Harpenden - Graeme
Shawbrook - Pete

Wednesday 13th June

Pepper - Steve
Interbay - Marc

Thursday 14th June

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui
Masthaven - Roz

Friday 15th June

FHL - Russell

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07/06/2018 - New Limited Edition Standard Plus Range

Have you seen our new and exclusive Limited Edition Standard Plus Range with Foundation Home Loans?

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Foundation Home Loans have also announced their proc fee has increased to 0.45%.

Product highlights:

  • 5 Year fixed rates starting from 3.34%
  • ICR assessed on pay rate
  • Available up to 75% LTV (exclusive 65% LTV rates through AToM)
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • 500 Cashback on Completion on all products
To find out more regarding this great new product range please call our sales team today!

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06/06/2018 - Kensington 90% LTV Exclusive

Have you seen our 90% LTV Residential Exclusive with Kensington?

Product Highlights:

-  Up to 90% LTV
-  Rates from 3.89%
-  Max loan increased to 1m on 90% LTV range
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgage available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Acceptable Credit History:

-  Defaults accepted if older than 24 months
-  Satisfied CCJs accepted if older than 24 months
-  Unsatisfied CCJs accepted which are registered over 24 months ago (at the underwriters discretion)
-  Secured loan arrears accepted if older than 24 months
-  Unsecured Credit arrears accepted if accounts now up to date (max status of 2 in last 12 months)
-  All communications defaults ignored
-  2 Year Debt Management Plans (DMP) accepted

Please call our sales team with your residential cases and they will be happy to help!

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04/06/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 4th June

FHL - Annette
TML - Laura
Castle Trust - Andrea

Tuesday 5th June

Kent Reliance - Tim

Wednesday 6th June

Pepper - Clare
Precise - Ian

Thursday 7th June

Kent Reliance - Tim
Family BS - Sharon
Skipton International - Nigel

Friday 8th June

FHL - Russell

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31/05/2018 - Aldermore Later Life Lending Range

Have you seen our new and exclusive Later Life Lending Range with Aldermore?

**We are the only packager in the UK to have access to this product!**

Later Life Lending Range Product Highlights:

  • Available to over 55s, up to age 99
  • Repayment to 75%, I/O to 60%
  • Sale of property accepted
  • 5 & 10 Year fixeds available
  • All incomes considered
  • Rental income used to age 85
  • Minimum valuation 60K
  • Free legals on remortgages
For more information regarding this fantastic new product range please call our sales team today!

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24/05/2018 - Pepper Money Reduce BTL Rates

Pepper Money have today refreshed their Buy to Let range so your clients can benefit from even lower rates!

  • Reduced rates across most of their range - some by up to 0.60%!
  • Rates now starting from 2.95%
To find out more please call our sales team today!

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24/05/2018 - Octopus Property Ltd Edition Bridging Product

Octopus Property have recently launched a new Limited Edition Bridging Product range. They have only allocated a certain amount of funds to this product so once its gone its gone!

Product Highlights include:

  • Unregulated bridging only, max LTV 70%
  • Minimum loan size 3m
  • Rate - 0.6% pm
  • No ERCs
  • 2% Arrangement fee
  • 1% Proc fee
Call our commercial team today to find out more!

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22/05/2018 - Outstanding Contribution 2018 BSLA Awards

We are delighted to advise our very own Vic Jannels received the British Specialist Lending Outstanding Contribution award at the 2018 BSLA event last week!

Vic was truly delighted at the award and thanks everyone for their votes and support.

AToM was also well represented with three runner up finalists in the following categories:

Business Leader Specialist Distribution - Dale Jannels
Innovation Advocate - Neal Jannels
Best Complex Buy to Let Broker - Abbie Gaul

Thanks again to everyone who voted for us!

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21/05/2018 - Aldermore Later Life Lending Range

Have you seen our new and exclusive Later Life Lending Range with Aldermore?

**We are the only packager in the UK to have access to this product!**

Later Life Lending Range Product Highlights:

  • Available to over 55s, up to age 99
  • Repayment to 75%, I/O to 60%
  • Sale of property accepted
  • 5 & 10 Year fixeds available
  • All incomes considered
  • Rental income used to age 85
  • Minimum valuation 60K
  • Free legals on remortgages
For more information regarding this fantastic new product range please call our sales team today!

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21/05/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Tuesday 21st May

FHL - Annette
TML - Laura

Tuesday 22nd May

Kent Reliance - Tim
Landbay - Joella
Shawbrook - Kevin

Thursday 24th May

Kent Reliance - Tim
Together - Laleta
Family BS - Sharon
Harpenden - Graeme

Friday 25th May

FHL - Russell

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17/05/2018 - Kensington 90% LTV Exclusive

Have you seen our 90% LTV Residential Exclusive with Kensington?

Product Highlights:

-  Up to 90% LTV
-  Rates from 3.89%
-  Max loan increased to 1m on 90% LTV range
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgage available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Acceptable Credit History:

-  Defaults accepted if older than 24 months
-  Satisfied CCJs accepted if older than 24 months
-  Unsatisfied CCJs accepted which are registered over 24 months ago (at the underwriters discretion)
-  Secured loan arrears accepted if older than 24 months
-  Unsecured Credit arrears accepted if accounts now up to date (max status of 2 in last 12 months)
-  All communications defaults ignored
-  2 Year Debt Management Plans (DMP) accepted

Please call our sales team with your residential cases and they will be happy to help!

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15/05/2018 - New Limited Edition Standard Plus Range

Have you seen our new and exclusive Limited Edition Standard Plus Range with Foundation Home Loans?

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Foundation Home Loans have also announced their proc fee has increased to 0.45%.

Product highlights:

  • 5 Year fixed rates starting from 3.34%
  • ICR assessed on pay rate
  • Available up to 75% LTV (exclusive 65% LTV rates through AToM)
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • 500 Cashback on Completion on all products
To find out more regarding this great new product range please call our sales team today!

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14/05/2018 - Aldermore Later Life Lending Range

This morning we are delighted to announce we are partnering with Aldermore for their new and exclusive Later Life Lending Range!

**We are the only packager in the UK who has access to this product!**

Later Life Lending Range Product Highlights:

  • Available to over 55s, up to age 99
  • Repayment to 75%, I/O to 60%
  • Sale of property accepted
  • 5 & 10 Year fixeds available
  • All incomes considered
  • Rental income used to age 85
  • Minimum valuation 60K
  • Free and legals on remortgages
For more information regarding this fantastic new product range please call our sales team today!

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10/05/2018 - SFI Awards 2018

We are delighted to have been longlisted for 6 awards at the 2018 Specialist Finance Introducer Awards.

The 2018 SFI Awards will be taking place on the 29th of June in London and we would love to be there!

In order to achieve this, we need your vote please.

Please click here to vote for us:

http://awards.specialistfinanceintroducer.co.uk/categories/

We would really appreciate if you would take 2 minutes to show your support for AToM & OMS in the following categories:

  • Best Broker Buy to Let - AToM
  • Bridging Distributor of the Year - AToM
  • Specialist Finance Broker of the Year - AToM
  • Best Newcomer - OMS
  • Best Use of Tech - OMS
  • Product Innovation - OMS
Thank you in advance!

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09/05/2018 - Octopus Property Ltd Edition Bridging Product

We are delighted to announce Octopus Property have launched a new Limited Edition Bridging Product this week. They have only allocated a certain amount of funds to this product so once its gone its gone!

Product Highlights include:

  • Unregulated bridging only, max LTV 70%
  • Minimum loan size 3m
  • Rate - 0.6% pm
  • No ERCs
  • 2% Arrangement fee
  • 1% Proc fee
Call our commercial team today to find out more!

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08/05/2018 - Foundation Home Loans BTL Product Withdrawal

Please note Foundation Home Loans will be withdrawing selected Buy to Let products at the end of Wednesday 9th May and will be refreshing remaining BTL products on Thursday 10th May.

To secure a product from the current range please ensure your cases are submitted to full application (with fees paid) before close of business on Wednesday 9th May.

Products that are being withdrawn and not replaced are:

  • 3 Year Fixed HMO special
  • Portfolio Landlord Only specials
For more information please call our sales team today!

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08/05/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Tuesday 8th May

Kent Reliance - Tim
Harpenden - Graeme
Landbay - Joella

Wednesday 9th May

Together - Laleta

Thursday 10th May

Kent Reliance - Tim
Family BS - Sharon

Friday 11th May

FHL - Russell

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04/05/2018 - New Limited Edition Standard Plus Range

Have you seen our new and exclusive Limited Edition Standard Plus Range with Foundation Home Loans?

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Product highlights:

  • 5 Year fixed rates starting from 3.34%
  • ICR assessed on pay rate
  • Available up to 75% LTV (exclusive 65% LTV rates through AToM)
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • 500 Cashback on Completion on all products
To find out more regarding this great new product range please call our sales team today!

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03/05/2018 - Limited Edition Small Loans Size BTL Range

Today we are pleased to announce Precise Mortgages have launched a new Limited Edition Small Loan Size BTL product range. 

These products could be ideal for your clients looking for smaller loans of between 25,001K and 55K. 

Hurry, these products are available for a limited time only!

Product highlights include:

  • Loans from 25,001K - 55K
  • Rates from 3.24%
  • Up to 80% LTV
  • 2 & 5 Year fixed rates available (with 5 year assessment rate calculated on pay rate)
  • Available to Individuals & Ltd Companies
  • Available on HMOs (up to 8 bedrooms)
  • Portfolio limit of up 20 properties (up to a combined total of 10m)
For more information on this new product range please call our sales team today!

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02/05/2018 - AToMs Top Reasons for Case Delays

At AToM, we want your case to go through as quickly as possible!

But some cases can be delayed due to:

  1. Documents not being certified at all / or incorrectly
  2. Undisclosed credit information
  3. Undisclosed information i.e. family members who will reside in the security
  4. Income evidence does not match income declared on DIP
  5. Application form, declarations and DDMs not being completed fully and signed
In addition, if there is a delay getting documents to us after the DIP has been agreed, the consequences could be:
  • Clients DIP expires and has to be re-agreed
  • The products can be withdrawn
  • Your client can lose the property they wish to purchase
Every DIP agreed with AToM will have a submission checklist. Please ensure all items requested are received with the application pack and your case will fly through....!

And to help further, our award winning system - AToMTogether can offer you:
  • Free Specialist Sourcing
  • True TWO WAY Lender Integration!
  • Copy applications
  • Online information sending
  • Up to 4 applicants on 1 case
  • 24/7 access
  • Document shopping list on applications
  • Email & Text updates at key milestones
  • 28 Downloadable lender pre-populated application forms
  • And so much more!
Less Time = Quicker Completions = Quicker Proc Fee!

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30/04/2018 - New & Updated Residential Product Range

We are delighted to announce Foundation Home Loans have launched a new and updated Residential Product Range!

FHLs Residential range is designed for clients who may have experienced a minor blip on their credit rating in the past. They can provide your clients with standard and specialist products:

Product highlights:

  • Rates starting from 2.24%
  • 2 Year fixed options available
  • Up to 85% LTV
  • No minimum income
  • 100% of benefit income accepted (Working Tax Credit, Child Tax Credit, Child Benefit (children up to 14 years old) Disability Allowance and Parental Leave)
  • Minimum age 18 years
  • Employed and Self-employed
  • Interest Only to 70% LTV
  • Non-Standard Property (Flying Freehold, Ex Local Authority Houses & Flats - additional criteria applies)
To find out more regarding this great new product range please call our sales team today!

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30/04/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 30th April

Together - Lorenzo
Precise - Ian

Tuesday 1st May

Kent Reliance - Tim

Wednesday 2nd May

Kent Reliance - Scott

Thursday 3rd May

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui
Masthaven - Roz

Friday 4th May

FHL - Russell
Vida - Sally

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26/04/2018 - New Limited Edition Standard Plus Range

We are delighted to announce we have launched a new and exclusive Limited Edition Standard Plus Range with Foundation Home Loans!

As a specialist lender Foundation Home Loans are only available through intermediaries, they can offer you a range of competitive specialist mortgage products for your clients with more complex needs.

Product highlights:

  • 5 Year fixed rates starting from 3.34%
  • ICR assessed on pay rate
  • Available up to 75% LTV (exclusive 65% LTV rates through AToM)
  • Available on Standard BTLs
  • Available to Individuals & Limited Companies
  • Available to Portfolio Landlords
  • 500 Cashback on Completion on all products
To find out more regarding this great new product range please call our sales team today!

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24/04/2018 - New Exclusive BTL Range

We are delighted to announce we have partnered with The Mortgage Lender as a member of their Exclusive BTL Pilot. As part of the BTL pilot we are able to offer Exclusive products from TML not available when going direct. 

BTL Range Highlights:

  • Up to 80% LTV available
  • Rates starting from just 2.99%
  • 5 Year fixed rates starting from just 3.49%
  • Available to Individuals & Ltd Companies/LLPS
  • Available on Single Lets, HMOs and Multi-Unit Blocks
  • 2 Year tracker, 2 year fixed and 5 year fixed rates available
  • ICRs from 125% (HMOs/Multi-Units from 140%)
  • Minor adverse accepted
For more information on this product range please call our sales team today!

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23/04/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 23rd April

TML - Laura
Shawbrook - Kevin
FHL - Annette

Tuesday 24th April

Kent Reliance - Tim

Thursday 26th April

Kent Reliance - Tim
Harpenden - Graeme
Together - Laleta

Friday 27th April

FHL - Russell

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20/04/2018 - New & Exclusive 90% LTV Near Prime Range

Kent Reliances new 90% LTV Near Prime Residential Range is now available via AToM.

This great new product range will help give your clients new opportunities for the support they need for residential loans.

Product Highlights include:

-  Rates starting from 3.19%
-  Up to 90% LTV (inc First Time Buyers)
-  Loans from 100K
-  Maximum loan 3m
-  1 Year self employed accepted
-  Interest only asset backed from 500K
-  No minimum income required for contractors

For more information and to enquire about our other products available please call our sales team today!

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17/04/2018 - Bridging Rates from 0.44%

If your client is buying or remortgaging a property in need of refurbishment, if they are looking to exit expensive development finance terms while they sell, or if they simply want to complete an investment property purchase quickly, InterBays Bridging Loans can help!

Secured on a residential investment property where planned refurbishment works do not required planning permission or building regulations, and there is no change to the overall use or nature of the property e.g. internal refurbishment / reconfiguration - redecoration, replacement of bathrooms, kitchens, replacement doors, windows, flooring, non-load bearing reconfiguration;

-   Rates from 0.44% per month
-   2% Lender Arrangement Fee
-   No exit fees
-   Available to UK & EEA nationals*

*Residing in the UK for 36 months UK-registered, non-trading Limited Companies or Limited Liability Partnerships, where the Directors/Members all provide full personal guarantees

To find out more please call our commercial team today!

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16/04/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 16th April

Bluestone - Simon
Together - Lorenzo
Precise - Ian

Tuesday 17th April

Kent Reliance - Tim
Masthaven - John

Thursday 19th April

Kent Reliance - Tim
Magellan - Jacqui
InterBay - Marc

Friday 20th April

Kent Reliance - Tony
Landbay - Joella

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13/04/2018 - Kent Reliance Product Update

Please note Kent Reliance from 17 April 2018, Kent Reliance will be increasing their 75% & 80% LTV 5 year fixed rates for BTL Standard and BTL Specialist products. The new rates will now start from 3.99%.

To secure a product from the current range please ensure your cases are submitted to full application (with fees paid) by 5pm on Monday 16th April.

For more information please call our sales team today!

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12/04/2018 - New & Exclusive 90% LTV Near Prime Range

Kent Reliances new 90% LTV Near Prime Residential Range is now available via AToM.

This great new product range will help give your clients new opportunities for the support they need for residential loans.

Product Highlights include:

-  Rates starting from 3.19%
-  Up to 90% LTV (inc First Time Buyers)
-  Loans from 100K
-  Maximum loan 3m
-  1 Year self employed accepted
-  Interest only asset backed from 500K
-  No minimum income required for contractors

For more information and to enquire about our other products available please call our sales team today!

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09/04/2018 - New Vida ExPat Exclusive Range

Today we are delighted to announce Vida Homeloans new ExPat Exclusive Range is now available via AToM.

Product Highlights include:

-  Available to British ExPats worldwide including; Australia, America and Canada
-  Loans up to 1m
-  Up to 75% LTV (inside the EEA)
-  Up to 65% LTV - minimum valuation of 150K (outside the EEA)
-  First Time Landlords accepted
-  HMOs and MUFBs accepted
-  No minimum income

For more information and to enquire about our other products available please call our sales team today!

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09/04/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 9th April

Foundation - Annette
TML - Laura

Tuesday 10th April

Kent Reliance - Tim
Harpenden - Graeme

Thursday 12th April

Kent Reliance - Tim
Together - Laleta

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05/04/2018 - Precise Mortgages Product Withdrawal

Please note Precise Mortgages will be withdrawing selected Buy to Let & Residential Mortgage products on Monday 9th April and will be releasing a refreshed set of products on Tuesday.

To secure a product from the current range please ensure your cases are submitted to full application (with fees paid) before 8pm on Monday 9th April.

For more information please call our sales team today!

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05/04/2018 - New & Exclusive 90% LTV Near Prime Range

Kent Reliances new 90% LTV Near Prime Residential Range is now available via AToM.

This great new product range will help give your clients new opportunities for the support they need for residential loans.

Product Highlights include:

-  Rates starting from 3.19%
-  Up to 90% LTV (inc First Time Buyers)
-  Loans from 100K
-  Maximum loan 3m
-  1 Year self employed accepted
-  Interest only asset backed from 500K
-  No minimum income required for contractors

For more information and to enquire about our other products available please call our sales team today!

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04/04/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Wednesday 4th April

Precise - Ian

Thursday 5th April

Kent Reliance - Tim
Magellan - Jacqui

Friday 6th April

Vida - Sally

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28/03/2018 - Bridging Rates from 0.44%

If your client is buying or remortgaging a property in need of refurbishment, if they are looking to exit expensive development finance terms while they sell, or if they simply want to complete an investment property purchase quickly, InterBays Bridging Loans can help!

Secured on a residential investment property where planned refurbishment works do not required planning permission or building regulations, and there is no change to the overall use or nature of the property e.g. internal refurbishment / reconfiguration - redecoration, replacement of bathrooms, kitchens, replacement doors, windows, flooring, non-load bearing reconfiguration;

-   Rates from 0.44% per month
-   2% Lender Arrangement Fee
-   No exit fees
-   Available to UK & EEA nationals*

*Residing in the UK for 36 months UK-registered, non-trading Limited Companies or Limited Liability Partnerships, where the Directors/Members all provide full personal guarantees

To find out more please call our commercial team today!

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27/03/2018 - Precise Mortgages Product Withdrawal

Please note Precise Mortgages are withdrawing their Specialist Residential Prime product range on Wednesday 28th March and will be releasing a refreshed set of products on Thursday.

Please ensure your cases are submitted to full application with fees paid before 8pm tomorrow.

Product to be withdrawn:

-  Precise Mortgages Specialist Prime Residential Range

For more information please call our sales team today!

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27/03/2018 - New & Exclusive 90% LTV Near Prime Range

Today we are delighted to announce Kent Reliances new 90% LTV Near Prime Residential Range is now available via AToM.

This great new product range will help give your clients new opportunities for the support they need for residential loans.

Product Highlights include:

-  Rates starting from 3.19%
-  Up to 90% LTV (inc First Time Buyers)
-  Loans from 100K
-  Maximum loan 3m
-  1 Year self employed accepted
-  Interest only asset backed from 500K
-  No minimum income required for contractors

For more information and to enquire about our other products available please call our sales team today!

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26/03/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 26th March

Foundation - Annette
TML - Laura

Tuesday 27th March

Kent Reliance - Tim

Wednesday 28th March

Kent Reliance - Scott

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23/03/2018 - British Specialist Lending Awards 2018

Please nominate us today in the British Specialist Lending Awards 2018!

If you feel we deserve an award and have provided you with exceptional service over the past year we would be very grateful for your nominations!

Please click the link below to nominate us:

http://www.mortgagesolutions.co.uk/events/british-specialist-lending-awards-2018/nominate/

Neal Jannels - Innovation Advocate

Abbie Gaul - Broker - Complex Buy to Let

Dale Jannels - Business Leader - Specialist Distribution

Vic Jannels - Broker - Bridging

Please note voting closes tonight!

Thank you!

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22/03/2018 - AToMs Case of the Day

One of our clients - a father and son - were looking to make a residential purchase on a property with lots of land. However a well known supermarket chain had sprayed old meat over many years on the surrounding land of this property making it difficult to place for high street and specialist lenders. The client was declined 6 times before speaking to the AToM sales team!

Fortunately this is where we could help! We were eventually able to place their case with a helpful building society on an Interest Only 2.29% 3 Year Discounted rate with a 1.50% arrangement fee. This was completed quickly and to the customers relief!

Remember if you have a case you are struggling to place please call the AToM sales team and see how we can help!

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20/03/2018 - Harpenden New Premier Rate Available!

Our NEW mortgage rate for Second Homes, Holiday Let, Airbnb and BTL properties is now available.

We will consider:

  • Complex income streams
  • Employed, self-employed and contractors
  • No upper age limit or ERCs are applied
Product Highlights:
  • Repayment and Interest-only rates from 2.94% (2 Year Discount)
  • Up to 75% LTV
  • Loans up to 2m
  • Gifted family deposits considered
Limited time only - promotional rate ends 30th April 2018!

Please call our sales team to find out more!

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19/03/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 19th March

Together - Lorenzo

Tuesday 20th March

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 21st March

Kensington - Mark
Masthaven - John
Interbay - Marc

Thursday 22nd March

Harpenden - Graeme
Kent Reliance - Tim
Magellan - Jacqui

Friday 23rd March

Foundation - Andy

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15/03/2018 - New Specialist Prime Residential Range

Precise Mortgages new Specialist Prime Residential Mortgage range is now available via AToM.

Exclusively available this great new product is suitable for purchases, remortgages and first time buyers who may have had an historic blip!

In addition to this range Precise Mortgages front end Experian search has been enhanced across their entire range of residential products! They will no longer have to carry out further searches at application stage!

This change has been applied with immediate effect on all future applications with Precise Mortgages.

Highlights include:

-    Precise Mortgages lowest ever residential rates from 2.59%
-    Up to 85% LTV
-    Available for purchases and remortgages
-    Suitable for first time buyers
-    Premier panel exclusive!

Please call our dedicated sales team today to find out more!

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12/03/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 12th March

Foundation - Annette
TML - Laura
Sally - Vida

Tuesday 13th March

Kent Reliance - Tim
Landbay - Joella
Harpenden - Graeme

Wednesday 14th March

Axis Bank - Steve

Thursday 16th March

Family BS - Sharon
Together - Laleta
Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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07/03/2018 - Kensington Product Range Update

Kensington have recently updated their 90% Prime Residential and HMO & Multi-Unit product ranges. 

Please find the product updates below:

90% LTV Complex Prime Residential

  • Select rates starting from 3.89%
  • Standard rates starting from 4.14%
  • Lending in Scotland now available

HMO and Multi-Unit Freehold Blocks BTL

  • Rates starting from 3.44%
  • Lending in Scotland now available
To find out more please call our sales team today!

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06/03/2018 - FHL withdraw BTL products

Please note Foundation are withdrawing their BTL product range at the end of Thursday 8 March and will be releasing a refreshed set of products on Friday.

DIPs for their current range must be received by close of business on Thursday 8 March, then convert to a full mortgage application by close of business on Friday 6 April.

Products to be withdrawn:

  • All First Time Landlord 2 & 5 year fixed rates that have a B#1995 Arrangement Fee
  • All Standard 2 year fixed rates that have a B#1995 Arrangement Fee
To find out more please call our sales team today!

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06/03/2018 - Kensington Launch Product Range in Scotland

We are delighted to announce Kensington have launched their product range in Scotland!

With a limited choice of mortgages on the market for customers in Scotland, we believe Kensingtons expansion will be able to provide borrowers (with a complex income) a solution that recognises their real life circumstances.

Product highlights:

  • Rates from 2.84%
  • Up to 85% LTV (90% LTV via Ltd Distribution)
  • Select range for adverse registered 36+ months ago
  • Bonus/overtime taken into consideration in affordability statements
To find out more and how you can help your clients north of the border, call our dedicated sales team today!

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06/03/2018 - Secure Trust Bank Rate Reductions

Secure Trust Bank has announced rate reductions across a selection of its residential mortgage products.

This includes reducing its two year fixed rates by as much as 0.4 per cent, its three year fixed rates by 0.2 per cent, and its five year fixed rates by up to 0.3 per cent.

Rates now start from 2.39 per cent and coincide with the launch of a suite of new residential interest-only and part and part mortgage products at Secure Trust Bank. From 6th March 2018, brokers will have access to Secure Trust Banks new interest-only proposition, which allows borrowers to take out mortgages up to a maximum loan-to-value (LTV) of 65 per cent.

Brokers will also have access to Secure Trust Banks part and part mortgage product, available at up to 85 per cent LTV. Customers can borrow up to 65 per cent on interest-only, and top up 20 per cent on a repayment basis to take overall lending to 85 per cent LTV.

Secure Trust Bank targets customers who are often overlooked by the high street lenders, including contract workers, the self-employed and those with complex incomes or those who have experienced a credit blip.

For more information please call our sales team today and they will be happy to help!

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05/03/2018 - Pepper Money DMP Range

Pepper Money have recently launched a new Residential DMP range. This is a great new range suitable for your clients who are currently in a Debt Management Plan.

Product highlights:

  • Rates from 3.78%
  • 2 Year Fixed rates available
  • Up to 85% LTV available
  • DMP must have been active and satisfactorily conducted for 12 months min
  • Max 3 CCJs or Defaults in 24 months, max 2 in months 13 - 18 (0 in 12 months)
  • Max 2 missed mortgage payments in 24 months, max 1 in months 13 - 18 (0 in 12 months)
  • Interest Only available up to 60% LTV
To find out more please call our sales team today!

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05/03/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 5th March

Together - Lorenzo

Tuesday 6th March


Kent Reliance - Tim
Shawbrook - Steve

Wednesday 7th March

InterBay - Marc
Foundation - Annette

Thursday 8th March

Family BS - Sharon
Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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02/03/2018 - Magellan Packager Exclusive

Fee assisted products with no rate loadings!

Key Product Features include:

Purchases only:

No Valuation Fee payable up to 600 (for property purchase price of 500,000) and 450 cashback on completion

Re-mortgages only:

No Valuation Fee payable up to 600 (for property value of 500,000) & Free Standard Legals

Product Highlights include:

  • Adverse considered
  • Rates from 2.99%
  • Up to 85% LTV
  • Manual assessments
  • No ERCs
Please call our dedicated sales team today to find out more!

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01/03/2018 - Weather Conditions

Due to the current adverse weather conditions, we will be closing our offices at 4:30pm today.

You can still call us on the mainline number 01403 272625, leave a message and we will get back to you as soon as possible. Alternatively, you can email us at service@atomltd.co.uk and we will respond.

We apologise for any inconvenience caused and we hope conditions will be better tomorrow.

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28/02/2018 - Foundation Home Loans BTL Range

Have you seen Foundation Home Loans BTL Range?

FHLs 2 & 5 year fixed BTL products can help with your landlord customers via AToM.

Product Highlights include:

  • 2 Year fixed rates starting from 2.99%
  • 5 Year fixed rates starting from 3.29%
  • Up to 80% LTV
  • 1m Maximum loan (up to 65% LTV)
  • 500K Maximum loan (up to 80% LTV)
  • No minimum income required 
  • Unlimited property portfolio with other lenders
  • First Time landlord products available (must have owned a property in the past)
Please call our sales team today to find out more!

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26/02/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 26th February

Foundation - Annette
TML - Laura

Tuesday 27th February

Kent Reliance - Tim
Landbay - Joella

Wednesday 28th February

Axis Bank - Steve

Thursday 1st March

Family BS - Sharon
Together - Laleta
Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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21/02/2018 - Masthaven Bridging Plus Range

Masthavens new Bridging Plus Mortgage range is now available via AToM.

This great new product range builds on their existing Prime and Standard bridging products and is designed for loans over 750K with very competitive rates.

Product Highlights:

  • Minimum loan 750K
  • Rates from 0.48% (50% LTV)
  • Maximum 70% LTV
  • Available to standard regulated and non regulated bridging (no self builds/development finance)
For more information please call our sales team today!

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20/02/2018 - 90% LTV for First Time Buyers available

We believe first time buyers should not have a hard time purchasing their own home! 

In addition to government initiatives, like the Help to Buy scheme, the recent abolition of stamp duty on purchases of up to 300K has given first-time buyers another opportunity to get onto the property ladder.

AToM can lend up to 90% LTV to help your clients get their foot in the door. We can consider: self-employed, contractors and those with historic credit issues or a low credit score.

Product Highlights:

  • Rates from 2.69%
  • Up to 85% LTV (90% LTV via Limited Distribution)
  • Bonuses/Overtime taken into consideration in affordability assessments
For more information please call our sales team today!

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19/02/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 19th February

Bluestone - Reece
Together - Lorenzo

Tuesday 20th February


Kent Reliance - Tim
Precise - Gareth

Wednesday 21st February

Precise - Ian
InterBay - Ian
Masthaven - John and Roz

Thursday 22nd February

Family BS - Sharon
Kent Reliance - Tim
Harpenden - Graeme

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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16/02/2018 - AToM Joins Shawbrook as strategic broker partner

AToM are delighted to announce we have become the latest strategic broker partner with Shawbrook Bank. 

Vic Jannels, AToM Chairman commented:

We have worked with Shawbrook for a number of years and engendered a strong relationship, beneficial to both parties. AToM has a team dedicated to the Bridging and Commercial sector and our volumes have increased substantially with Shawbrook recently. They demonstrate a can-do attitude and we find that we can work together to structure the best deal for the client.

AToM is therefore delighted to become a Shawbrook Strategic Partner and we look forward to increasing our volumes and business relationship over the coming months.

For more information regarding this exciting new partnership please click here.

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16/02/2018 - Masthaven Bridging Plus Range

We are delighted to announce Masthavens new Bridging Plus Mortgage range is now available via AToM.

This great new product range builds on their existing Prime and Standard bridging products and is designed for loans over 750K with very competitive rates.

Product Highlights:

  • Minimum loan 750K
  • Rates from 0.48% (50% LTV)
  • Maximum 70% LTV
  • Available to standard regulated and non regulated bridging (no self builds/development finance)
For more information please call our sales team today!

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15/02/2018 - Tipton High Income Multiples Product Withdrawal

Please note Tipton & Coseley Building Society have withdrawn their High Income products (HXD09 & RHXD09) due to high levels of demand for this quarter.

Tipton can still accept approved DIPs and will look to release a second funding stream later this year.

Remember Tipton can still consider large size properties (no specific acreage limit), Shared ownership (with light adverse) and BTL refurbs.

If you have any queries or would like to find out more information please call our sales team today!

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13/02/2018 - New Specialist Prime Residential Range

Precise Mortgages new Specialist Prime Residential Mortgage range is now available via AToM.

Exclusively available this great new product is suitable for purchases, remortgages and first time buyers who may have had an historic blip!

In addition to this range Precise Mortgages front end Experian search has been enhanced across their entire range of residential products! They will no longer have to carry out further searches at application stage!

This change has been applied with immediate effect on all future applications with Precise Mortgages.

Highlights include:

-    Precise Mortgages lowest ever residential rates from 2.59%
-    Up to 85% LTV
-    Available for purchases and remortgages
-    Suitable for first time buyers
-    Premier panel exclusive!

Please call our dedicated sales team today to find out more!

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12/02/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 12th February

Foundation - Annette

Tuesday 13th February

Harpenden - Graeme
Landbay - Joella

Wednesday 14th February

Kensington - Alex
Axis Bank - Steve

Thursday 15th February

Family BS - Sharon
Together - Laleta
Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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09/02/2018 - Harpenden New Premier Rate Available!

Our NEW mortgage rate for Second Homes, Holiday Let, Airbnb and BTL properties is now available.

We will consider:

  • Complex income streams
  • Employed, self-employed and contractors
  • No upper age limit or ERCs are applied
Product Highlights:
  • Repayment and Interest-only rates from 2.94% (2 Year Discount)
  • Up to 75% LTV
  • Loans up to B#2m
  • Gifted family deposits considered
Limited time only - promotional rate ends 30th April 2018!

Please call our sales team to find out more!

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08/02/2018 - A new month...a new build!

Enable your clients with complex circumstances to buy the new build they deserve!

A new build property is the desire of many customers, but not everyone can tick all the boxes with high-street lenders, with their one-size-fits-all approach.

If your client is: self-employed, a contractor, first time buyer or has a failed credit score, we may be able to help them and they may be pleasantly surprised to find out how much they can borrow.

We will individually assess each case through an experienced underwriter, to find a way of saying yes.

Product highlights:

-  Rates from 2.89%
-  Up to 85% LTV
-  180-day offer period*
-  We can accept a builders deposit of up to 5%**

*Extensions may be granted on purchase applications subject to reassessment of the client, income (where applicable), re-inspection of the property (where applicable) and new product.

**Where the builder holds an acceptable New Build warranty.

Please call our dedicated sales team today to find out more!

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06/02/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Tuesday 6th February

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 7th February

Kensington - Alex
Dudley - Jenny

Thursday 8th February

Family BS - Sharon
Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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02/02/2018 - Foundation Home Loans HMO & MUB Range

Have you seen Foundation Home Loans HMO & MUB Range?

FHLs 2 & 5 year fixed BTL products can help with your customers HMO & MUB cases, via AToM.

Product Highlights include:

  • Rates starting from 3.19%
  • 2 & 5 Year fixed options available
  • Up to 75% LTV
  • HMOs up to 8 bedrooms
  • MUFBs (Multi-Unit Freehold Blocks) up to 10 units
  • 500K Maximum loan
  • 75K minimum property value
  • Available to individuals and limited companies
  • Rental assessed on same calculation as standard BTL
Please call our sales team today and they will be happy to help!

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01/02/2018 - Magellan Packager Exclusive

Fee assisted products with no rate loadings!

Key Product Features include:

Purchases only:

No Valuation Fee payable up to 600 (for property purchase price of 500,000) and 450 cashback on completion

Re-mortgages only:

No Valuation Fee payable up to 600 (for property value of 500,000) & Free Standard Legals

Product Highlights include:

  • Adverse considered
  • Rates from 2.99%
  • Up to 85% LTV
  • Manual assessments
  • No ERCs
Please call our dedicated sales team today to find out more!

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31/01/2018 - Kensington 90% LTV Exclusive

Have you seen our 90% LTV Residential Exclusive with Kensington?

Product Highlights:

-  Up to 90% LTV
-  NEW Rates from 3.74%
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgage available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Acceptable Credit History:

-  Defaults accepted if older than 24 months
-  Satisfied CCJs accepted if older than 24 months
-  Unsatisfied CCJs accepted which are registered over 24 months ago (at the underwriters discretion)
-  Secured loan arrears accepted if older than 24 months
-  Unsecured Credit arrears accepted if accounts now up to date (max status of 2 in last 12 months)
-  All communications defaults ignored
-  2 Year Debt Management Plans (DMP) accepted

Please call our sales team with your residential cases and they will be happy to help!

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30/01/2018 - New Specialist Prime Residential Range

We are delighted to announce Precise Mortgages new Specialist Prime Residential Mortgage range is now available via AToM.

Exclusively available this great new product is suitable for purchases, remortgages and first time buyers who may have had an historic blip!

In addition to this range Precise Mortgages front end Experian search has been enhanced across their entire range of residential products! They will no longer have to carry out further searches at application stage!

This change has been applied with immediate effect on all future applications with Precise Mortgages.

Highlights include:

-    Precise Mortgages lowest ever residential rates from 2.59%
-    Up to 85% LTV
-    Available for purchases and remortgages
-    Suitable for first time buyers
-    Premier panel exclusive!

Please call our dedicated sales team today to find out more!

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29/01/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 29th January

Foundation - Annette
TML - Laura

Tuesday 30th January

Kent Reliance - Tim
Landbay - Joella

Wednesday 31st January

Kensington - Alex
Axis Bank - Steve
Masthaven - Roz

Thursday 1st February

Family BS - Sharon
Together - Laleta

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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26/01/2018 - AToM Complete Complex 1.8m Developer Exit Loan!

Our client wished to raise finance against 2 remaining flats on a newly completed development, to repay VC partners within the Ltd Company. The Ltd company ownership was restructured upon completion of the deal, with the loan secured against the Freehold of the property.

We requested a 1.8m loan against the 2.85m value of the property, which Octane agreed on a rate of 0.79%.

Octane proceeded to application swiftly and were ready to fund within 9 days of application - right before Christmas! The client delayed completion until the New Year, while tax advice was finalised.

Remember as well as developer exit loans, we can also assist with any bridging, commercial and semi-commercial term loan enquiries you may have!

Please call our dedicated team today and they will be happy to help!

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23/01/2018 - New Specialist Prime Residential Range

We are delighted to announce Precise Mortgages new Specialist Prime Residential Mortgage range is now available via AToM.

Exclusively available this great new product is suitable for purchases, remortgages and first time buyers who may have had an historic blip!

In addition to this range Precise Mortgages front end Experian search has been enhanced across their entire range of residential products! They will no longer have to carry out further searches at application stage!

This change has been applied with immediate effect on all future applications with Precise Mortgages.

Highlights include:

-    Precise Mortgages lowest ever residential rates from 2.59%
-    Up to 85% LTV
-    Available for purchases and remortgages
-    Suitable for first time buyers
-    Premier panel exclusive!

Please call our dedicated sales team today to find out more!

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22/01/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 22nd January

Bluestone - Reece
Together - Lorenzo

Tuesday 23rd January

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 24th January

Kensington - Alex

Thursday 25th January

Family BS - Sharon
Kent Reliance - Tim
Magellan - Jacqui
Together - Laleta

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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18/01/2018 - Tipton Exclusive High Income Multiples

After a great income multiple? Have you tried our Tipton exclusive? 

Product highlights:

-  Up to 6.0x income multiples
-  Rates from 2.64%
-  Up to 85% LTV
-  Maximum loan 450K
-  Free valuations and free legal fees available on remortgages
-  Available across England and Wales

Please call our sales team to find out more or to discuss an enquiry!

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15/01/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 15th January

Foundation - Annette
Together - Lorenzo

Tuesday 16th January

Kent Reliance - Tim
Landbay - Joella
TML - Laura

Wednesday 17th January

Kensington - Alex
Axis Bank - Steve

Friday 19th January

Family BS - Sharon
Masthaven - John

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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11/01/2018 - New Specialist Prime Residential Range

We are delighted to announce Precise Mortgages new Specialist Prime Residential Mortgage range is now available via AToM.

Exclusively available this great new product is suitable for purchases, remortgages and first time buyers!

Highlights include:

-    Precise Mortgages lowest ever residential rates from 2.59%
-    Up to 85% LTV
-    Available for purchases and remortgages
-    Suitable for first time buyers
-    Premier panel exclusive!

Please call our dedicated sales team today to find out more!

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10/01/2018 - Together Product Range Update

Together have recently updated their product range, enhancing a number of their products. These include Consumer BTL, Right to Buy and Shared Ownership.

Consumer BTLs:

  • Max loan increased from 500K to 2m (50% LTV)
  • Minimum Valuation Criteria removed (on Prime Range)
  • Variable rates reduced by 0.50% (Medium & Heavy ranges)

Right to Buy:

  • Prime variable rates from 4.85%
  • Prime 5 year fixed rates from 5.60%
  • Prime max loan increased from 500K to 1m

Shared Ownership:

  • Prime variable rates from 5.99%
  • Prime 5 year fixed rates from 6.74%
  • Light range rates reduced by up to 1% 
For more information please call our sales team today and they will be happy to help!

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08/01/2018 - Precise Mortgages New and Improved Criteria Update

We are pleased to announce Precise Mortgages have doubled their Buy to Let portfolio lending limit from 5m to 10m.

This will apply to portfolios for up to 20 properties.

 Also if you already have a portfolio case with Precise Mortgages their assessment will remain valid for 6 months provided the information has not changed. This can be combined with their increased lending limit to make future applications simpler.

Please call our dedicated sales team today to find out more!

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08/01/2018 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 8th Janaury

Bluestone - Reece
Harpenden - Graeme

Tuesday 9th January

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 10th January

Kensington - Alex
Axis Bank - Steve

Thursday 11th January

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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05/01/2018 - Happy New Year!

Wishing you a Happy New Year and a prosperous 2018.

At AToM HQ we are really excited for the year ahead and look forward to working with you all on your specialist and complex cases.

With 2018 bringing a fresh start, we would like to remind you how AToM can help you and your customers:

  • Free access to our award winning system AToMTogether
  • Access to our onsite lender underwriters
  • Access to packager exclusive products from our premier panel
  • Specialist commercial, bridging and packaged teams
  • Access to limited access lenders
  • and much much more...!
We can also help with your adverse cases and using our 27 years experiences, help to find solutions for your customers with difficult circumstances!

If you have a new enquiry or wish to speak to one of our specialist teams please call us today!

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05/01/2018 - BlueZest Exclusive Products

We have recently launched as exclusive partners with BlueZest!

This exciting lender can offer your customers great options with their BTL mortgages.

Product Highlights:

BTL Mortgages

  • Rates starting from 3.89%
  • Loans up to 85% LTV (London/South East)
  • Maximum loan 3m
  • Minimum loan 50K
  • Companies, Individuals & First Time Landlords considered
  • Low ERCs in 1st year only
  • Non-Homeowners considered
  • Repossessed Properties Considered

Lender Highlights include:

  • 12 Unit blocks accepted
  • Flats above commercial & out of hours premises considered
  • Flats above takeaways & restaurants not accepted
  • New build flats up to 80% LTV
  • Multi units accepted but not HMOs
Please call our sales team for more information regarding these great products!

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14/12/2017 - Landbay Packager Exclusive

Do you have a hard to place BTL case? 

Check out our packager exclusive product with Landbay! They have some great products available including 5 year fixed BTLs from 3.59%.

BTL Product Highlights:

-  Rates from 3.45% (2 Year Fixed) & 3.59% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 125% of 3.59%

HMO Product Highlights:

-  Rates from 3.68% (2 Year Fixed) & 3.85% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 130% of 3.85%

Please call if you wish to discuss an enquiry regarding this product range with our sales team!

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11/12/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 11th December

Bluestone - Reece

Tuesday 12th December

Kent Reliance - Tim
Harpenden - Graeme
Shawbrook - Steve

Wednesday 13th December

Masthaven - Roz
Kensington - Alex
Axis Bank - Steve

Thursday 14th December

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui

Friday 15th December

InterBay - Michael

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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07/12/2017 - Precise Mortgages Income Supported BTL Mortgages

We are delighted to announce Precise Mortgages new Income Supported BTL Mortgage range is now available.

This range is ideal for your landlords with up to 3 mortgaged BTL properties as they will now be able to use their rental income to cover a rental shortfall. 

Highlights include:

-  Rates from 3.19%
-  Up to 80% LTV
-  110% Minimum rental calculation at payrate (income assisted on shortfall)
-  Available in England, Scotland and Wales
-  Individual BTL landlords only (not in Ltd Co name)
-  Available for current homeowners
-  Interest only
-  Maximum 3 mortgage properties (non portfolio landlord)

Please call our sales team to find out more today!

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06/12/2017 - Precise Mortgages HMO Distributor of The Year 2017

We are delighted to announce we have been awarded HMO Distributor of the Year 2017 by Precise Mortgages!

At an awards ceremony held at the fantastic Weston Park Stately Home in the Midlands, AToM was confirmed as the best HMO Distributor in 2017 from specialist lender Precise Mortgages.

MD, Dale Jannels commented "This was a great surprise. Thank you to all of our broker partners and their continued support throughout the year. This is also superb recognition for the hard working and highly knowledgeable staff we have at AToM and specifically those who specialist in the Buy to Let sector. Well done team!".

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04/12/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 4th December

TML - Laura
Foundation - Annette
Together - Lorenzo

Tuesday 5th December

Kent Reliance - Tim
Landbay - Joella

Wednesday 6th December

Kensington - Alex

Thursday 7th December

Kent Reliance - Tim
Family BS - Sharon
Precise Mortgages - Gareth

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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30/11/2017 - Precise Mortgages Limited Edition BTLs

We are delighted to announce Precise Mortgages new Limited Edition 5 Year Fixed BTL product. 

This product comes with a rate of 3.19% which calculates on payrate for loans of 300K and above. 

Please note the rate is only secured when you submit the application in full with fees paid.

Highlights include:

- 3.19% calculated at payrate
- Fees can be added over and above the LTV even at 75%
- Available to Ltd Companies and Individual BTLs
- No owner occupiers accepted
- Max age 80 at application - 35 year terms available
- Bank statements not required
- 12 months self employed accepted
- Maximum loan 3m

Please call our sales team today for more information regarding these great new products!

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29/11/2017 - Precise Mortgages BTL Product Withdrawal

Please note Precise Mortgages Limited Edition 5 Year Fixed BTL product will be withdrawn from 8pm tonight.

Please submit any cases in full by 3pm TODAY with fees paid to qualify for this product!

This range comes with a rate of 3.09% which calculates on payrate for loans of 300k and above.

Highlights include:

  • 3.09% calculated at payrate
  • Fee can be added over and above the LTV even at 75%
  • Available to Ltd Companies and Individual BTLs
  • No owner occupiers accepted
  • Max age 80 at application - 35 year terms available
  • Bank statements not required
  • 12 months self employed accepted
  • Maximum loan 3m
Please call our sales team to find out more today!

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28/11/2017 - Harpenden Limited Edition Autumn Promotion

Harpenden will soon be closing their Limited Edition Autumn Promotion range from the 30th November!

There is still time to submit your applications and to be considered on the current rates before their promotion closes this week.

Product Highlights:

-  Repayment Rates from from 1.29%
-  Interest Only Rates from 2.29%
-  Available on Residential, Guarantor, Later Life Lending, Self-Employed, Contractors and Professional Mortgages
-  No ERCs on all products

Call our sales team today and they will be happy to help with these great products!

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27/11/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 27th November

Bluestone - Reece

Tuesday 28th November

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 29th November

Precise Mortgages - Liza
Kensington - Alex
Axis Bank - Steve

Thursday 30th November

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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17/11/2017 - Precise Mortgages Limited Edition BTLs

We are delighted to announce Precise Mortgages new Limited Edition 5 Year Fixed BTL product. 

This product comes with a rate of 3.09% which calculates on payrate for loans of 300K and above. 

Please note the rate is only secured when you submit the application in full with fees paid.

Highlights include:

- 3.09% calculated at payrate
- Fees can be added over and above the LTV even at 75%
- Available to Ltd Companies and Individual BTLs
- No owner occupiers accepted
- Max age 80 at application - 35 year terms available
- Bank statements not required
- 12 months self employed accepted
- Maximum loan 3m

Please call our sales team today for more information regarding these great new products!

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14/11/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have: 

Monday 13th November

Bluestone - Reece

Tuesday 14th November

Kent Reliance - Tim
Harpenden - Graeme
Shawbrook - Steve

Wednesday 15th November

Kensington - Alex
Masthaven - Roz

Thursday 16th November

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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09/11/2017 - Tipton Limited Edition Exclusive Product Range

Have you seen our new and exclusive discounted mortgage products with Tipton?

Discounted mortgage rates from 1.04%!

NEW Product Highlights:

-  Rates starting from 1.04%!
-  Up to 75% LTV
-  Free standard valuation on all products
-  Free legals on remortgages
-  Arrangement fee free products available
-  Minimum valuation of 75K
-  Loans up to 450K
-  Available for purchases and remortgages

Please call our sales team to find out more today!

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08/11/2017 - Secure Trust available via AToM

Have you seen we have recently partnered with Secure Trust as one of their specialist distribution partners?

We are delighted to be offering their newly launched 1st Charge Residential Mortgage range.

This exciting lender is one of the UKs best capitalised banks and they have a genuine desire to help your residential customers underserved by the high street.

NEW Lender Highlights include:

-  2 Year fixed rates starting from 2.69%
-  3 Year fixed rates starting from 3.09%
-  5 Year fixed rates starting from 3.39%
-  Up to 85% LTV
-  Free valuation & free standard legals on all Remortgages (up to a property value of 350,000)
-  Fixed 999 product fee on all applications
-  No minimum income required
-  No minimum period of employment considered
-  Applicants in probationary period considered
-  Up to 100% income considered for agency workers (with a good track record)
-  100% Gifted equity considered

Acceptable Credit History:

-  Up to 2 CCJs accepted in 24 months (0 in 12 months)
-  Up to 2 Defaults accepted in 24 months, telecoms & mail order defaults ignored (0 in 12 months)
-  Up to 1 secured arrear accepted in 24 months (0 in 12 months)
-  Up to 2 unsecured arrears accepted in 24 months (1 in 12 months)
-  DMPs (Debt Management Plans) accepted if satisfied over 12 months ago
-  Bankruptcies and IVA accepted if discharged over 36 months ago

Please call our sales team today for more information regarding these great new products!

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07/11/2017 - Over 55s Product Range

Have you seen our Over 55s Product Range with Shawbrook Bank?

We are a limited distribution partner for their 55+ Interest Only mortgage range!

The product offers a new solution to borrowers aged 55 or over nearing the end of their existing interest-only arrangement, with an outstanding balance.

Through this partnership Shawbrook and AToM will be further improving the finance options available to those approaching or past retirement age. 

NEW Product Highlights:

-  Up to 60% LTV
-  Minimum age 55, maximum age 85
-  Rates from 4.75%
-  Min loan size 25k, Max 1m
-  Min income 16,500
-  Min Valuation 185k
-  Employed, Self Emp, Pension Income accepted
-  Available in England, Wales and mainland Scotland
-  0.75% Proc Fee

Please call our sales team today if you have any queries and they will be happy to help!

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03/11/2017 - New InterBay Commercial Expat Product Range

We are delighted to announce that InterBay Commercial have recently launched their new Expat product range!

This exciting new range will cover Commercial, Semi-Commercial, HMO properties and Buy to Let products. 

NEW Product Range includes:

Product highlights:

-  No regional restrictions - properties throughout England and Wales accepted
-  No property restrictions - Commercial, Semi-commercial and HMO properties accepted, in addition to Buy to Let
-  Simple and consistent pricing - 0.25% added to standard BTL and HMO products, with 0.5% added to standard Commercial products
-  Limited Company lending now available
-  Lending to ExPat residents in Australia where the property is held in a UK Limited Company

If you have any enquiries please do not hesitate to call Michael Mann on 01403 272625 (Option 4) and he will be happy to help!

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02/11/2017 - Mortgage Introducer Awards - Please Vote for AToM!

Please vote for us!

Voting closes this Friday (3/11/2017).

Please click here to vote!

We are delighted that AToM have been nominated in a couple of categories at the 2018 Mortgage Introducer Awards.

This prestigious awards ceremony will be held at the Tower of London on the 22nd November acknowledging the success, achievements and hard work we have made over the last year.

After a 10 year absence this really is the jewel in the crown of the UK mortgage industry!

We would be honoured if you would vote for us and this would be really appreciated by everyone at AToM!

We have been nominated in the following categories:

-  Mortgage Introducer of the Year
-  Innovator of the Year

Thank you for your support!

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30/10/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have:

Monday 30th October

Bluestone - Reece
Together - Lorenzo

Tuesday 31st October

Together - Laleta
Shawbrook - Steve

Wednesday 1st November

Kensington - Alex

Thursday 2nd November

Family BS - Sharon
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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27/10/2017 - The Mortgage Lender Premier Exclusive Range

AToM are delighted to annouce that we have partnered with The Mortgage Lender as a member of their Premier Panel. 

As part of TMLs premier panel, we are able to offer Exclusive products from TML not available when going direct. 

The products have a limited tranche of funds so act fast to secure a rate!

Premier Panel Highlights:

- 85% LTV rates reduced by 0.25%
- Standard rates starting from just 2.82%
- 2 year fixed and 5 year fixed rates available
- Available for purchases and remortgages

First Time Buyers

- Up to 85% LTV for First Time Buyers
- Rates starting from just 2.66%
- 2 year tracker, 2 year fixed and 5 year fixed rates available for increased affordability
- Adverse accepted on premier ranges

For more information please call the sales team today regarding these great new exclusives!

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25/10/2017 - Harpenden Limited Edition Autumn Promotion

Harpenden will soon be closing their Limited Edition Autumn Promotion range from the 31st October!

Theres still time to submit you applications and to be considered on the current rates before their promotion closes next week.

Product Highlights:

-  Repayment Rates from from 1.29%
-  Interest Only Rates from 2.29%
-  Available on Residential, Guarantor, Later Life Lending, Self-Employed, Contractors and Professional Mortgages
No ERCs on all products

Call our sales team today and they will be happy to help with these great products!

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23/10/2017 - BlueZest Exclusive Lender Launch

We are delighted to announce we have launched a new 85% LTV BTL product exclusively via new lender BlueZest!

This exclusive product is available to all of our DA and some Network partners and is only the second product at this LTV in the BTL market.

BTL rates start from 3.69% at 60% LTV, with loans available up to 2m, and available up to 500K at 85% LTV with interest rates between 5.25 - 5.35%. The lender will also consider Companies, Individuals and First Time Landlords. The product also has a minimum term of 12 months and no ERCs thereafter.

These products are part of a broader range that allow landlords and developers to do refurbishments, conversions and new builds with funds advanced upfront, secured on non-development property that they already own. These mortgage products are available for periods up to 18 months with competitive rates between 8 and 12%, without the need for bridging finance. 

For more information on this new product range or to discuss an enquiry please call our sales team today!

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17/10/2017 - Secure Trust available via AToM

Have you seen we have recently partnered with Secure Trust as one of their specialist distribution partners?

We are delighted to be offering their newly launched 1st Charge Residential Mortgage range.

This exciting lender is one of the UKs best capitalised banks and they have a genuine desire to help your residential customers underserved by the high street.

NEW Lender Highlights include:

-  2 Year fixed rates starting from 2.69%
-  3 Year fixed rates starting from 3.09%
-  5 Year fixed rates starting from 3.39%
-  Up to 85% LTV
-  Free valuation & free standard legals on all Remortgages (up to a property value of 350,000)
-  Fixed 999 product fee on all applications
-  No minimum income required
-  No minimum period of employment considered
-  Applicants in probationary period considered
-  Up to 100% income considered for agency workers (with a good track record)
-  100% Gifted equity considered

Acceptable Credit History:

-  Up to 2 CCJs accepted in 24 months (0 in 12 months)
-  Up to 2 Defaults accepted in 24 months, telecoms & mail order defaults ignored (0 in 12 months)
-  Up to 1 secured arrear accepted in 24 months (0 in 12 months)
-  Up to 2 unsecured arrears accepted in 24 months (1 in 12 months)
-  DMPs (Debt Management Plans) accepted if satisfied over 12 months ago
-  Bankruptcies and IVA accepted if discharged over 36 months ago

Please call our sales team today for more information regarding these great new products!

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16/10/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have:

Tuesday 17th October

Kent Reliance - Tim
Precise - Gareth
Shawbrook

Wednesday 18th October

Kensington - Alex

Thursday 19th October

Kent Reliance - Tim
Family BS - Sharon
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry with our onsite lenders!

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10/10/2017 - Harpenden Limited Edition Remortgages

Have you seen our Limited Edition Remortgage range with Harpenden?

Hurry, products being withdrawn 31st October!

Product Highlights:

-  Repayment rates from 1.29% (3 Year Discount) & Interest Only rates from 2.29% (3 Year Discount)
-  Up to 75% LTV
-  Loans up to 3.5m
-  No Early Repayment Charges (ERCs)
-  No upper age limits
-  Clients coming to the end of the mortgage term considered - who wish to remain in their home for additional years
-  Home improvements considered - either the security or another property owned by the borrower
-  Gifted family deposits considered
-  Purchase of properties abroad considered

Please contact our sales team today if you have any enquiry for this product range!

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09/10/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have:

Monday 9th October

Family BS - Sharon
Together - Lorenzo

Tuesday 10th October

Kent Reliance - Tim
Harpenden - Graeme

Wednesday 11th October

Kensington - Alex

Thursday 12th October

Kent Reliance - Tim

Friday 13th October

Foundation - Annette

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06/10/2017 - Kensington 90% LTV Exclusive

Have you seen our 90% LTV Residential Exclusive with Kensington?

Product Highlights:

-  Up to 90% LTV
-  NEW Rates from 3.54%
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgage available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Acceptable Credit History:

-  Defaults accepted if older than 24 months
-  Satisfied CCJs accepted if older than 24 months
-  Unsatisfied CCJs accepted which are registered over 24 months ago (at the underwriters discretion)
-  Secured loan arrears accepted if older than 24 months
-  Unsecured Credit arrears accepted if accounts now up to date (max status of 2 in last 12 months)
-  All communications defaults ignored
-  2 Year Debt Management Plans (DMP) accepted

Please call our sales team with your residential cases and they will be happy to help!

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03/10/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Onsite this week, we have:

Tuesday 3rd October

Kent Reliance - Tim

Wednesday 4th October

Kensington - Alex
Together - Laleta

Thursday 5th October

Kent Reliance - Tim
Magellan - Jacqui

Please call our sales team to find out more or to discuss a new enquiry!

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27/09/2017 - Mortgage Strategy Awards 2018

Please vote for us!

Voting closes today at 5.30pm!

We are delighted that AToM have been nominated 5 times at the 2018 Mortgage Strategy Awards 2018.

These are known as the oscars of the mortgage industry and this prestigious ceremony acknowledges the success, achievements and hard work we have made over the last year.

We were delighted to be winners of the Best Broker for Short-Term Lending/Bridging in 2017 and would love to repeat this in 2018!

We would be honoured if you would vote for us and this would be really appreciated by everyone at AToM!

We have been nominated in the following categories:

-  Best Mortgage Brokers
-  Best Technology Provider
-  Best Broker for BTL
-  Best Specialist Broker/Distributor
-  Best Broker for Short-Term Lending

Thank you for your support!

Please click here to vote.

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27/09/2017 - Secure Trust Lender Launch

AToM are delighted to announce we have partnered with Secure Trust as one of their specialist distribution partners for their newly launched 1st Charge Residential Mortgage range!

This exciting lender is one of the UKs best capitalised banks and they have a genuine desire to help your residential customers underserved by the high street.

NEW Lender Highlights include:

-  2 Year fixed rates starting from 2.69%
-  3 Year fixed rates starting from 3.09%
-  5 Year fixed rates starting from 3.39%
-  Up to 85% LTV
-  Free valuation & free standard legals on all Remortgages (up to a property value of B#350,000)
-  Fixed 999 product fee on all applications
-  No minimum income required
-  No minimum period of employment considered
-  Applicants in probationary period considered
-  Up to 100% income considered for agency workers (with a good track record)
-  100% Gifted equity considered

Acceptable Credit History:

-  Up to 2 CCJs accepted in 24 months (0 in 12 months)
-  Up to 2 Defaults accepted in 24 months, telecoms & mail order defaults ignored (0 in 12 months)
-  Up to 1 secured arrear accepted in 24 months (0 in 12 months)
-  Up to 2 unsecured arrears accepted in 24 months (1 in 12 months)
-  DMPs (Debt Management Plans) accepted if satisfied over 12 months ago
-  Bankruptcies and IVA accepted if discharged over 36 months ago

Please call our sales team today for more information regarding these great new products!

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25/09/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Monday 25th September

Together - Lorenzo
Foundation - Annette

Tuesday 26th September

Kent Reliance - Tim

Wednesday 27th September

Precise Mortgages - Liza
Kensington - Alex

Thursday 28th September

Kent Reliance - Tim

Friday 29th September

Graeme - Harpenden

Please call our sales team to find out more or to discuss a new enquiry!

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22/09/2017 - Kensington 90% LTV Exclusive

Have you seen our 90% LTV Residential Exclusive with Kensington?

Product Highlights include:

-  Up to 90% LTV
-  NEW Rates from 3.54%
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgage available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Acceptable Credit History:

-  Defaults accepted if older than 24 months
-  Satisfied CCJs accepted if older than 24 months
-  Unsatisfied CCJs accepted which are registered over 24 months ago (at the underwriters discretion)
-  Secured loan arrears accepted if older than 24 months
-  Unsecured Credit arrears accepted if accounts now up to date (max status of 2 in last 12 months)
-  All communications Defaults ignored
-  2 Year Debt Management Plans (DMP) accepted

Please call our sales team with your residential cases and they will be happy to help!

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20/09/2017 - Foundation Home Loans Increase Max Loan Amount

Foundation Home Loans have increased their maximum loan size to 1m across their Buy to Let range. This will apply to their Standard, Specialist and First Time Landlord products.

Where the LTV is 65% or less, landlords can obtain a mortgage up to 1m.

For loans up to 75% LTV and HMOs or Multi Unit Blocks, the maximum loan remains at 500K. 

To find out more regarding this product update please call our sales team and they will be happy to help!

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19/09/2017 - Masthaven Market Leading Bridging Rates

Have you seen our market leading bridging range with Masthaven?

Masthavens bridging and development finance offering comprises residential and commercial products, provided on both a regulated and non-regulated basis.

Product range includes:

Residential

-  First Charge Bridging Loans
-  Second Charge Bridging Loans
-  Renovation and Refurbishment Bridging Loans
-  Development Loans (1st charge only)

Commercial

-  First and Second Charge Bridging Loans

Highlights include:

-  Market leading rates from 0.48%!
-  Heavy and light refurbishment accepted
-  Limited and overseas registered companies considered
-  HMOs accepted as security
-  Adverse accepted across the product range
-  Loans from 500K
-  Loans up to 5m
-  Up to 70% LTV
-  No exit fees or ERCs
-  Available on properties across England, Wales and Scotland

Please speak to the AToM team to find out more and they will be happy to help!

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18/09/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Monday 18th September

Magellan - Jacqui

Wednesday 20th September

Kensington - Alex

Thursday 21st September

Kent Reliance - Tim

Please call our sales team to find out more or to discuss a new enquiry!

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13/09/2017 - Tipton Limited Edition Exclusive Product Range

Have you seen our new and exclusive discounted mortgage products with Tipton?

Discounted mortgage rates from 1.04%!

NEW Product Highlights:

-  Rates starting from 1.04%!
-  Up to 75% LTV
-  Free standard valuation on all products
-  Free legals on remortgages
-  Arrangement fee free products available
-  Minimum valuation of 75K
-  Loans up to 450K
-  Available for purchases and remortgages

Please call our sales team to find out more today!

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11/09/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Monday 11th September

Together - Lorenzo

Tuesday 12 September

Kent Reliance - Tim
Harpenden - Graeme

Wednesday 13th September

Kensington - Alex

Thursday 14th September

Kent Reliance - Tim
Masthaven - Roz

Please call our sales team to find out more or to discuss a new enquiry!

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04/09/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases? 

Take a look at our onsite lenders:

Tuesday 05th September

Kent Reliance - Tim
Shawbrook - Steve

Wednesday 06th September

Kensington - Alex
Magellan - Jacqui

Thursday 07th September

Kent Reliance - Tim
Family BS - Sharon
Precise - Gareth

Please call our sales team to find out more or to discuss a new enquiry!

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30/08/2017 - Foundation Home Loans BTL Exclusive

Limited Edition rate, ends tomorrow!

Have you seen our exclusive BTL Product Range with Foundation Home Loans?

NEW Product Range includes:

-  Rates starting from 2.99%
-  Loans up to 65% LTV
-  No minimum income
-  No credit scoring
-  Limited Company BTLs considered
-  Rental calculations from 125% (limited company) and 145% (if in personal name) of 2.99%
-  being withdrawn 31st August, act fast!

Please call our sales team today for more information regarding this great product!

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29/08/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Tuesday 29th August

Kent Reliance - Tim

Wednesday 30th August

Kensington - Alex

Thursday 31st August

Kent Reliance - Tim

Please call our sales team to find out more or to discuss an enquiry!

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25/08/2017 - Foundation Home Loans BTL Exclusive

Have you seen our new and exclusive BTL Product Range with Foundation Home Loans?

Only 4 working days left on the Limited Edition rate! 

NEW Product Range includes:

-  Rates starting from 2.99%
-  Loans up to 65% LTV
-  No minimum income
-  No credit scoring
-  Limited Company BTLs considered
-  Rental calculations from 125% (limited company) and 145% (if in personal name) of 2.99%
-  
Limited tranche available

Please call our sales team today if you have any enquiries and they will be happy to help!

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21/08/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Tuesday 22nd August

Kent Reliance - Tim

Thursday 24th August

Family BS - Sharon
Kent Reliance - Tim
Magellan - Jacqui

Please call our sales team to find out more or to discuss an enquiry!

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21/08/2017 - AToM System Maintenance

Please be aware we will be undergoing system maintenance from 5pm onwards today. We apologise for any disruption caused but this should be for only half an hour. 

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18/08/2017 - AToM Together System Problems

Due to a recent update we are currently experiencing difficulties with our online DIP forms. If you experience any issues please contact our IT department, we apologise for any inconvenience caused.

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18/08/2017 - Tipton Limited Edition Exclusive Product Range

Have you seen our new new and exclusive discounted mortgage products with Tipton?

Discounted mortgage rates from 1.04%!

NEW Product Highlights include:

-  Rates starting from 1.04%!
-  Up to 75% LTV
-  Free standard valuation on all products
-  Free legals on remortgages
-  Arrangement fee free products available
-  Minimum valuation of 75K
-  Loans up to 450K
-  Available for purchases and remortgages

Please call our sales team to find out more today!

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17/08/2017 - Masthaven Market Leading Bridging Rates

Did you know..?

...we have a market leading bridging range with Masthaven?

Masthavens bridging and development finance offering comprises residential and commercial products, provided on both a regulated and non-regulated basis.

Product Range includes:

Residential

-  
First Charge Bridging Loans
-  Second Charge Bridging Loans
-  Renovation and Refurbishment Bridging Loans
-  Development Loans (1st charge only)

Commercial

-  First and Second Charge Bridging Loans

Highlights include:

-  Heavy and light refurbishment accepted
-  Limited and overseas registered companies considered
-  HMOs accepted as security
-  Adverse accepted across the product range
-  Loans from 500K
-  Loans up to 5m
-  Up to 70% LTV
-  No exit fees or ERCs
-  Available on properties in England, Wales and Scotland

Please speak to the AToM team to find out more and they will be happy to help!

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15/08/2017 - Trading Business Applications Accepted

AToM are delighted to announce that we have been approved to submit applications to Shawbrook for Trading Business enquiries. 

Product Highlights include:

-  Rates from 4.90%
-  Up to 75% LTV
-  3, 4, 5, 7 & 10 year fixed periods available
-  150K Minimum loan
-  Available for leisure, retail and industrial units

Please call our sale team to find out more and they will be happy to help with your enquiries!

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14/08/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our lenders below:

Monday 14th August

Family BS - Sharon
Together - Lorenzo & Laleta

Wednesday 16th August

Masthaven - Roz
Kensington - Alex

Thursday 17th August

Foundation - Annette
Barclays - Paul

Call our sales team to find out more or to discuss an enquiry!

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11/08/2017 - Foundation Home Loans BTL Exclusive

Have you seen our new and exclusive BTL Product Range with Foundation Home Loans?

NEW Product Range includes:

-  Rates starting from 2.99%
-  Loans up to 65% LTV
-  No minimum income
-  No credit scoring
-  Limited Company BTLs considered
-  Rental calculations from 125% (limited company) and 145% (if in personal name) of 2.99%!
-  Limited tranche available

Please call our sales team today if you have any enquiries and they will be happy to help!

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09/08/2017 - BTL Products for First Time Buyers

Did you know..?

...Precise Mortgages now offer BTL mortgages to first time buyers wanting to invest in the property market?

Product Highlights include:

-  Rates from 3.19%
-  Up to 75% LTV
-  Less than perfect credit profiles accepted
-  50K Minimum loan
-  No minimum income required

To find out more please call our sales team today!

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09/08/2017 - Precise Mortgages BTL Product Withdrawal

Precise Mortgages will be withdrawing selected products from their BTL range tonight in preparation for the new BTL product range which is due to be released on 11/08/2017.

To ensure you secure a product from the current range please submit your application in full before 8pm this evening.

Please call our sales team to find out more and they will be happy to help.

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08/08/2017 - New HMO Product Launch

Foundation Home Loans launch HMO and Multi Unit products.

We are delighted to announce FHL have released a new BTL range with 2 & 5 year fixed rate products to help with your customers HMO and MUB cases, via AToM. 

Product Highlights include:

-  NEW Rates from 3.19%!
-  Up to 75% LTV
-  HMOs up to 8 bedrooms
-  Freehold MUBs accepted up to 10 flats/units
-  500K Maximum loan
-  75K Minimum loan
-  Available for limited companies

Please call our sales team if you have any queries regarding this great new product range!

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08/08/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Tuesday 08th August

Kent Reliance - Paul
Harpenden - Graeme
Shawbrook - Steve

Wednesday 09th August 

Kensington - Alex
Together - Laleta
Skipton International - Nigel

Thursday 10th August

Kent Reliance - Paul
Family BS - Sharon
Magellan - Jacqui

Call our sales team to find out more or to discuss an enquiry!

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04/08/2017 - AToM Complete 1.7m Bridging Loan in 9 Days

We are delighted to announce we arranged a 1.7m bridging loan in just nine days with United Trust Bank.

The broker approached AToM after their client had exchanged contracts on a property paying over a large non-refundable deposit assuming she could complete in time. The client had placed her unencumbered 2.8m property on the market but not had any firm offers.

Working closely with the broker and United Trust Bank, we managed to obtain the offer and completed just ahead of the deadline.

United Trust Banks Rob Love commented "Completing this loan from a standing start in nine days with no existing valuations available to re-address is an excellent result and testament to the great teamwork between United Trust Bank and AToM".

For more information or to discuss an enquiry please call our sales team today!

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01/08/2017 - Foundation Home Loans BTL Exclusive

AToM are delighted to announce the launch of Foundation Home Loans new exclusive BTL Product Range! 

NEW Product Range includes:

-  Rates starting from 2.99%
-  Loans up to 65% LTV
-  No minimum income
-  No credit scoring
-  Limited company BTLs considered
-  Rental calculations from 125% (limited company) and 145% (if in personal name) of 2.99%!
-  Limited tranche available

Please call our sales team today for more information regarding this great new product!

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31/07/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Monday 31st July

Family BS - Sharon
Together - Lorenzo
Tipton - Richard

Tuesday 1st August

Precise Mortgages - Liza
Kent Reliance - Paul

Wednesday 2nd August

Kensington - Alex

Thursday 3rd August

Paul - Kent Reliance

Call our sales team to find out more or to discuss an enquiry!


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28/07/2017 - Precise Mortgages Adverse BTL Exclusive

Have you seen Precise Mortgages new BTL exclusive for your customers with adverse credit?

This new product range has 5 year fixed rates starting from 4.39% with only 3 years of ERCs!

This product range is available for individuals and Limited Companies and is a great alternative for landlords with less than perfect credit profiles.

Please contact our sales team to find out more or to discuss a new enquiry! 

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26/07/2017 - AToM launch over 55s

Shawbrook Bank has partnered with AToM to provide a packaging service for its 55 Plus Interest-Only Mortgage.

The product offers a new solution to borrowers aged 55 or over nearing the end of their existing interest-only arrangement, with an outstanding balance.
 
Through this partnership Shawbrook will be further improving the finance options available to those approaching or past retirement age.

Please see the Shawbrook Lender Page to find out more and to download the criteria sheets.

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26/07/2017 - Saffron withdraw

Saffron have given notice that they will be withdrawing their popular 2.77% 5 Year fixed rate BTL product on Friday. 

Key timings - AToM must have sent over a DIP to the lender by Midday on Thursday 27th July.

- AToM must submit a full mortgage application by midday on Friday 28th July.

Please ensure AToM receive items at least two hours before the above deadlines.  

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25/07/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Tuesday 25th July

Kent Reliance - Paul
Shawbrook - Steve

Wednesday 26th July

Kensington - Alex
Together - Laleta

Thursday 27th July

Family BS - Sharon
Harpenden - Graeme
Magellan - Jacqui
Kent Reliance - Paul

Call our sales team to find out more or to discuss an enquiry!

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17/07/2017 - Marsden withdraw 95%


With effect from 14/7/17, Marsden BS have withdrawn their 95% range of products.

Anything before this time will be honoured if case sent to them from AToM before 21st July 2017.

Please speak to the AToM team to find out more. 

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14/07/2017 - Magellan Packager Exclusive

Have you seen our packager exclusive with Magellan Homeloans? This is a great product range featuring fees assisted products with no rate loadings. 

The new product range offers rates starting from 2.96%, no valuation fees payable up to 600 (for property purchase price up to 500K) and 450 cashback on completion. 

Alternatively for your remortgage cases the product range offers no valuation fee payable up to 600 (for property value of 500K) and free standard legals. 

Product highlights include:

-  Adverse considered
-  Rates from 2.96%
-  Up to 85% LTV
-  Manual assessments 
-  No ERCs

If you have any queries or wish to discuss a new enquiry, please call our sales team today and they will be happy to help!

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11/07/2017 - New InterBay Commercial Bridging Finance Range

We are delighted to announce we have launched a new and limited access Bridging Finance range with InterBay Commercial!

This exciting new range will cover Residential Investments, Heavy Refurbishments and Commercial / Semi Commercial products. 

NEW Product Range includes:

Standard Bridging 

including Auction Purchase, Developer Exit, Light/Medium Refurb;

-  Rates from 0.44% pm up to 55% LTV
-  Rates from 0.54% pm up to 65% LTV
-  LTVs up to 75% for just 0.64%!

Heavy Refurbishment Bridging

including Heavy Refurb;

-  Rates from 0.54% pm up to 55% LTV
-  Rates from 0.64% pm up to 65% LTV
-  Rates from 0.74% pm up to 70% LTV

Commercial / Semi Commercial

including Auction Purchase;

-  Rates from 0.75% pm up to 55% LTV
-  Rates from 0.85% pm up to 65% LTV
-  Rates from 0.90% pm up to 70% LTV

Product Highlights:

-  Lender arrangement fee 2% - no exit fee
-  Minimum loan size 100K
-  Maximum loan size 5m
-  Terms up to 18 months
-  Non-regulated only

Remember this is LIMITED ACCESS and only a select few have access.

To find out more regarding this great new product range please call our sales team and they will be happy to help!

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10/07/2017 - AToM Onsite Lenders

Did you know..?

...as part of the great service we provide to you and your customers we have access to various onsite lenders each week to help with your cases?

Take a look at our onsite lenders below:

Tuesday 11th July

Harpenden - Graeme
Shawbrook - Steve
Axis Bank - Andy

Wednesday 12th July

Kensington - Alex
Together - Laleta

Thursday 13th July

Family BS - Sharon
Magellan - Jacqui

Call our sales team to find out more or to discuss an enquiry!

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07/07/2017 - Foundation Home Loans BTL Exclusive

Did you know we have a 5 Year Fixed BTL Exclusive with Foundation Home Loans?

Our new exclusive product range has 5 year fixed rates starting from 3.45% and limited company rental calculations from 125% of 3.45%!

There is no minimum income with this product and minimum loans start from 200K.

For more information on this great product please call our sales team and they will be happy to help!

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05/07/2017 - Masthaven Residential Product Launch

Today we are delighted to announce we have launched Masthavens new Residential Product Range! 

This exciting new range will be flexible, simple and not reliant on credit scoring to help more of your customers achieve the right mortgage. 

NEW Product Highlights include:

-  Loans up to 1m
-  Loans up to 80% LTV
-  35 Year terms
-  Up to 60% LTV on Interest-Only/Part and Part
-  No credit scoring
-  Rates starting from 2.94%
-  Available up to age 85 at end of term
-  Self employed retained profit and projections considered
-  Unlimited gifted deposit for first time buyers accepted
-  Impaired credit considered
-  Contractors and employed with short history accepted
-  Available on properties in England, Wales and Scotland

Please call our sales team to find out more or to discuss this great new product range!

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04/07/2017 - AToM Onsite Lenders

Complex case? Try Family Building Society or any of the lenders onsite at AToM this week

Tuesday 

Kent Reliance - Paul
Axis Bank - Andy

Wednesday

Foundation - Sarah

Thursday

Kent Reliance - Paul
Family BS - Sharon

Friday

Kensington - Alex

Call our sales team to find out more or to discuss an enquiry!

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30/06/2017 - Precise Launch Adverse BTL Exclusive

Today we are delighted to announce we have recently launched a new BTL exclusive for your customers with adverse credit.

The new product range has 5 year fixed rates starting from 4.39% with only 3 years of ERCs!

This product range is available for individuals and Limited Companies and is a great alternative for landlords with less than perfect credit profiles.

Please contact our sales team to find out more or to discuss an enquiry regarding this new product!

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29/06/2017 - Magellan Update Lending Criteria

Have you seen the new and updated lending criteria from Magellan?

Take a look at their updated range below:

-  Maximum loan sizes up to 750,000k available for Complex Prime borrowers

-  One years self employed trading accounts can now be considered

-  Policy has been extended to allow for up to 2 Arrears as well as CCJs and Defaults in the last 12 months

-  2 CCJs/Defaults up to 1,500k now permitted

-  Up to 100% shift allowance can now be considered

-  Min valuation reduced to 70k

-  DTI increased to 40% where household income is >35k

-  Employed borrowers can now be assessed using only the latest payslip

-  Adverse now allowed in the last 12 months

T&Cs Apply

To find out more regarding this new criteria update please call our sales team who will be happy to help!

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28/06/2017 - Kensington Launch H2B

Kensington is to support the Governments Help to Buy Equity loan scheme.  It aims to hep both First Time Buyers and Home Movers who have deposits of at least 5% to buy a new build home.
- Help to Buy equity loans available in England and Wales
- Rates from3.64%
- 2, 3, and 5 year fixed rates
- Mortgages available with just a 5% deposit
- No interest payable on the equity loan in first 5 years.
- Open to first time buys or home movers on a repayment basis, buying a new build property.

Please contact the AToM sales team for further information

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26/06/2017 - Pepper make changes

At the close of business on Tuesday 27th June, Pepper will be refreshing some of their Residential Range of Products.

If you would like to secure one of the rates from the current range, you will need to have received an accepted DIP by close of business - they will honour all of these after this date. 

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20/06/2017 - AToM Onsite Lenders

Tricky case? Try Pepper or any of the lenders onsite this week at AToM

Monday

Together - Lorenzo

Tuesday

Kent Reliance - Paul
Axis Bank - Andy

Wednesday 

Foundation - Sarah

Thursday

Kent Reliance - Paul
Family BS - Sharon

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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16/06/2017 - Foundation Home Loans BTL Exclusive

Today we are delighted to announce our latest 5 Year Fixed BTL Exclusive with Foundation Home Loans! 

The new exclusive product range has 5 year fixed rates starting from 3.45% and limited company rental calculations from 125% of 3.45%! 

There is no minimum income with this product and minimum loans start from 200k.

For more information on this great product please call our sales team and they will be happy to help.

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15/06/2017 - Family Building Society BTL Offset Mortgage

Have you seen the Family Building Societys BTL Offset Mortgage?

This new product works in a similar way to a standard mortgage but a savings account is attached to the mortgage payment! This means any money placed in your clients savings account is automatically deducted from the amount of the mortgage on which interest is charged.

Product highlights include:

-  Interest rates from 2.99%
-  Offset savings up to 100% of the mortgage amount
-  Customers can reduce their monthly mortgage repayments
-  Customers savings can be used for early mortgage repayments
-  Up to 65% LTV
-  Interest only/capital/repayment options available
-  Up to 4 saver accounts can be linked to the mortgages

If you would like to find out more please call our sales team today and they will be happy to help! 

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15/06/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on applications that were submitted fully packaged from 6th June 2017 and DiPs from 14th June 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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14/06/2017 - Landbay Packager Exclusive

Do you have a hard to place BTL case? 

Check out our new packager exclusive product launch with Landbay! They have some great new products available including 5 year fixed BTLs from 3.45%.

NEW BTL Product Highlights:

-  Rates from 3.29% (2 Year Fixed) & 3.45% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 125% of 3.45%

NEW HMO Product Highlights:

-  Rates from 3.59% (2 Year Fixed) & 3.75% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 130% of 3.75%

Please call if you wish to discuss an enquiry regarding these new products with our sales team!

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13/06/2017 - Harpenden Limited Edition Remortgages

Is your client after a remortgage? Take a look at our latest promotion below and see how we can help.

NEW Product Highlights:

-  Rates from 1.99%
-  Up to 75% LTV
-  Loans up to 3.5m
-  No Early Repayment Charges (ERCs)
-  No upper age limits
-  Equity release considered
-  Clients coming to the end of the mortgage term considered - who wish to remain in their home for additional years
-  Home improvements considered - either the security or another property owned by the borrower
-  Gifted family deposits considered
-  Purchase of properties abroad considered

Please call our sales team today to discuss this limited edition product!

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12/06/2017 - AToM Onsite Lenders

Complex case? Try Tipton (6x income) or any of the lenders onsite this week at AToM

Tuesday

Kent Reliance - Paul
Harpenden - Graeme
Shawbrook - Steve
Andy - Axis Bank

Wednesday

Together - Laleta

Thursday

Kent Reliance - Paul
Magellan - Jacqui

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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09/06/2017 - Residential Cashback Exclusive

Have you seen our residential cashback exclusive?

This product offers your customers 1% cashback upon completion after 3 years!

This is for purchase only mortgages and is available on loans up to 500K with rates starting from 3.99%.

For more information on this great offer please contact our sales team and they will be happy to help.

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08/06/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on applications that were submitted fully packaged from 24th April 2017 and DiPs from 7th June 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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06/06/2017 - Kent Reliance ExPat Mortgages

Struggling with an ExPat BTL? Speak to AToM and see how we can help! 

We have great ExPat products available through Kent Reliance to help with your enquiry.

Product highlights:

-  Rates from 4.24%
-  Up to 75% LTV
-  Loans up to 3m
-  Most countries available
-  25K minimum income (non-standard mortgage)
-  50K minimum income (standard mortgage)

If you have any queries or wish to discuss a new enquiry, please call our sales team and they will be happy to help!

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05/06/2017 - AToM Onsite Lenders

Tricky case? Try Family Building Society or any of the other lenders onsite at AToM this week

Monday

Family BS - Sharon
Together - Lorenzo

Tuesday

Kent Reliance - Paul
Foundation - Sarah

Wednesday 

Bucks - Julie

Thursday

Kent Reliance - Paul
Magellan - Jacqui

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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01/06/2017 - Together BTL Exclusive

Have you seen our BTL exclusive with Together? This range is perfect for customers with high levels of adverse!

NEW Product Highlights include:

-  Rates from 6.89%
-  Up to 75% LTV
-  Loans up to 1m available
-  No minimum income required
-  Up to 4 arrears accepted in the last 12 months on secured loans
-  Up to 4 defaults accepted in the last 12 months

Please call our sales team today to discuss this great exclusive product!

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30/05/2017 - AToM Onsite Lenders

Complex case? Try Pepper or any of the lenders onsite this week at AToM

Wednesday

Together - Laleta

Thursday 

Magellan - Jacqui
Family BS - Sharon

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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25/05/2017 - Bluestone Mortgages Product Update

Bluestone Mortgages have released an updated product range with improved criteria to help more of your customers get an affordable mortgage! 

There are new 2 & 5 year fixed rates products available, up to 85% LTV on Residential products and the Bankruptcy/IVA range is back in stock!

Updated product range:

-  Bankruptcy/IVA now available
-  Up to 4 Defaults and 3 CCJs in 3 years
-  Available to employed/self employed/contractors
-  Available on BTLs (adverse same as Residential)
-  Up to 4 applicants on 1 application
-  Up to 85% LTV on Resi / 80% LTV on BTL

Please call our sales team to find out more or to discuss an enquiry!

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24/05/2017 - Landbay Packager Exclusive

Today we are delighted to announce our new packager exclusive product launch with Landbay! There are some great new products including 5 year fixed BTLs from 3.45%!

NEW BTL Product highlights:

-  Rates from 3.29% (2 Year Fixed) & 3.45% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 125% of 3.45%

NEW HMO Product highlights:

-  Rates from 3.59% (2 Year Fixed) & 3.75% (5 Year Fixed)
-  Up to 75% LTV
-  Rental calculated at 130% of 3.75%

Lender highlights include:

-  10 Bedroom HMOs accepted
-  50K minimum loan
-  750K maximum loan
-  Individuals, SPVs, Trading Names and Partnerships accepted

Please call if you wish to discuss an enquiry regarding these new products with our sales team!

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23/05/2017 - Axis Bank Specialist Products

Have you seen Axis Banks new specialist products? They have added some great new products to their range with Limited Edition 65% LTV products now available!

NEW Specialist Product highlights include: 

-  2 Year Fixed rates from 3.38% with 65% LTV!
-  5 Year Fixed rates from 3.68% with 65% LTV!
-  HMOs, Student Lets and Limited Companies accepted
-  Minimum loan 250K (65% LTV products)
-  Maximum loan 1m

Please call our sales team today to discuss these great products! 

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22/05/2017 - AToM Onsite Lenders

Complex case? Try Family Building Society or any of the lenders onsite at AToM this week

Monday

Family BS - Sharon
Together - Lorenzo

Tuesday

Axis Bank - Andy
Kent Reliance - Paul

Wednesday

Foundation - Sarah

Thursday 

Harpenden - Graeme
Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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22/05/2017 - Kensington 90% Exclusive Withdrawal

Kensington are withdrawing there 90% LTV Residential exclusive range for Specialist Distributors on Monday 22nd May.

If you would like to submit a case on this range, please login to our portal below and produce a DIP illustration before 3pm on Monday 22nd May.

Full applications must then be submitted by 5pm on Tuesday 30th May.

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18/05/2017 - Magellan Packager Exclusive

Have you seen our packager exclusive with Magellan Homeloans? This is a great product range featuring fees assisted products with no rate loadings. 

Key Product features include:

-  Purchases only - No valuation fee payable up to B#600 (for property purchase price of 500K) and 450 Cash Back on completion. 

-  Remortgages only - No valuation fee payable up to 600 (for property value of 500K) & Free Standard Legals

The above options apply to the No ERC Tracker rates, 2 & 3 year fixed rates for our M1 to M4 products under the Complex Prime Range. 

Product highlights include:

-  Adverse considered
-  Rates from 2.99%
-  Up to 85% LTV
-  Manual assessments
-  No ERC

Please call our sales team to find out more or to discuss an enquiry!

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18/05/2017 - Tipton Exclusive High Income Multiples

After a great income multiple? Have you tried our Tipton exclusive? 

Product highlights:

-  Up to 6.0x income multiples
-  Rates from 2.69%
-  Up to 85% LTV
-  Maximum loan 450K
-  Free legals on some remortgages (standard legal work only)

Please call our sales team to find out more or to discuss an enquiry!

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16/05/2017 - Pepper Limited Edition BTLs

Please note as of close of business, Tuesday 16th May, Pepper Homeloans will no longer be accepting applications on their 2.98% 5 Year Fixed BTL products. 

We will need to DIP by 5pm today to secure these rates. 

Please call our sales team if you have any queries and they will be happy to help!

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16/05/2017 - Axis Bank Specialist Products

Have you seen Axis Banks new specialist BTL products? They have made some great new updates to their range with 65% LTV products now available!

NEW Specialist Product highlights include:

-  2 Year Fixed rates from 3.38% with 65% LTV!
-  5 Year Fixed rates from 3.68% with 65% LTV!
-  HMOs, Student Lets and Limited Companies accepted
-  Minimum loan 250K (65% LTV products)
-  Maximum loan 1m

Please call our sales team today to discuss these new products!

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16/05/2017 - Bridging Rates from 0.59%

Bridging enquiry? We have rates from 0.59% via Shawbrook!

Lender highlights include:

-  Regulated & non-regulated bridging lender rates starting from 0.59%
-  Light & Heavy refurbishment rates starting from 0.69% & 0.79%
-  Commercial & Semi-Commercial rates from 4.10%
-  Residential investment, HMO & multi-unit freehold from 2.99%
-  Available to Individuals, LLPs, UK Ltd Companies & British ExPats

Please call our sales team today if you would like to find out more and they will be happy to help!

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15/05/2017 - AToM Onsite Lenders

Tricky case? Try Together or any of the lenders onsite this week at AToM

Monday

Tipton - Richard

Tuesday

Shawbrook - Steve
Kent Reliance - Paul

Wednesday

Together - Laleta

Thursday

Magellan - Jacqui
Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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12/05/2017 - Pepper Limited Edition BTLs

Have you seen Peppers new Limited Edition 5 Year Fixed BTLs?

NEW Product Highlights:

-  Rates starting from 2.98%!
-  Up to 75% LTV
-  Minimum loan size 25,001
-  Free legals for remortgages
-  Rental calculation 140% of 2.98%

Please contact our sales team to find out more!

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11/05/2017 - Precise Mortgages BTL Product Withdrawal

Please note as of close of business, Thursday 11th May, Precise Mortgages will no longer be accepting applications on their 2.99% 5 Year Fixed BTL products. 

We need to submit FULL APPLICATIONS by 5pm tomorrow, so will need on the AToM systems by 3pm

Alternatively, if you are DA, you can choose AToM as your submission route on Precises website and submit by 8pm tomorrow. 

The 3.39% and 3.49% 5 Year Fixed Limited Edition products will remain in the range!

If you have any queries please do not hesitate to contact our sales team and they will be happy to help!

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09/05/2017 - Outside the Box Lending with Harpenden

Are you after outside the box lending? Try Harpenden Building Society today and see how they can help with your complex cases!

Lender highlights include:

-  Up to 75% LTV
-  Manual underwriting
-  Rates from 2.74%
-  Complex cases considered
-  Self builds considered
-  Guarantors considered
-  Multiple transactions considered

If you would like to discuss their products please call our sales team today and they will be happy to help!

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08/05/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on all applications that were submitted fully packaged from 7th March 2017 and DiPs from 5th May 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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08/05/2017 - AToM Onsite Lenders

Complex case? Try Axis Bank or any of the lenders onsite this week at AToM

Monday

Together - Lorenzo
Kent Reliance - Paul
Family BS - Sharon

Tuesday

Harpenden - Graeme

Thursday 

Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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04/05/2017 - 2.99% 5 Year Fixed BTLs

Have you seen our 2.99% 5 Year Fixed BTL product? Hurry this is for a limited time only!

Product highlights include:

-  Rates from 2.99%!
-  Minimum loan 350K
-  Maximum loan size 3m (LTV limits apply)
-  Affordability based on pay rate
-  Available to both Core and Limited Company

Please note the 2% arrangement fee on this product is available until 5pm today!

This will be increasing to 3% tomorrow.

If you would like to find out more please call our sales team and they will be happy to help!

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03/05/2017 - Magellan Packager Exclusive

Today we are delighted to announce our new packager exclusive product launch with Magellan Homeloans! This is a great new product range featuring fees assisted products with no rate loadings. 

Highlights include:

-  Purchases Only - No valuation fee payable up to 600 (for property purchase price of 500K) and 450 Cash Back on completion.

-  Re-Mortgages Only - No valuation fee payable up to 600 (for property value of 500K) & Free Standard Legals

The above options apply to the No ERC Tracker rates, 2 & 3 year fixed rates for our M1 to M4 products under the Complex Prime Range.

Call our sales team today to discuss an enquiry if you have any queries!  

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03/05/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society. 

Dudley Building Society are currently working on all applications that were submitted fully packaged from 3rd March 2017 and DiPs from 2nd May 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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02/05/2017 - AToM Onsite Lenders

Tricky case? Try Shawbrook or any of the other lenders onsite at AToM this week

AToM Lender Diary 01/05/2017

Tuesday

Shawbrook - Steve

Wednesday

Bucks - Julie
Precise - Liza

Thursday

Magellan - Jacqui
Kent Reliance - Paul

Friday

Kensington - Paul

Please call our sales team to discuss an enquiry or to find out more!

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27/04/2017 - Kensington Reduce Residential Rates

As of Thursday 27th March Kensington will be reducing the rates on their Residential products. These will help to give your customers with complex needs an even better choice of fixed rate loans for purchase or remortgage!

NEW Product Highlights include:

Residential 90% LTV Exclusive

-  Rates from 3.84% (2 Year Fixed)
-  Rates from 4.29% (3 Year Fixed)

Residential 75-85% LTV Exclusive

-  Rates from 2.69% (2 Year Fixed)

Residential Second Home Exclusive

-  Rates from 2.69% (2 Year Fixed)
-  Rates from 3.19% (3 Year Fixed)

If you would like to find out more please call our sales team today and they will be happy to help!

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26/04/2017 - Foundation Home Loans BTL Product Withdrawal

Please note as of close of business, Thursday 27th April, Foundation Home Loans will be withdrawing all BTL products - including the 5 year fixed rate 3.49% exclusive (with rental calculated on pay rate)!

Decisions in Principles, for current products, must be received by the end of Thursday 27th April and converted to full mortgage application by 27th May 2017*.

*Please note we will need to DIP by 5pm to secure these rates. Therefore we will need full AIPS on the AToM Together system by 3pm

The new and replacement products will be launched on Friday 28th April

Please call our sales team if you have any queries and they will be happy to help!

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25/04/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on all applications that were submitted fully packaged from 1st March 2017 and DiPs from 20th April 2017.

Please contact our sales team if you have any queries and they will be happy to help. 

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25/04/2017 - AToM Onsite Lenders

Complex case? Try any of the lenders onsite at AToM this week

AToM Lender Diary 24/04/2017

Tuesday

Together - Laleta
Kent Reliance - Paul

Wednesday

Lloyds - Gary

Thursday

Harpenden - Graeme
Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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21/04/2017 - Foundation Home Loans Residential Product Launch

Have your Residential customers been declined? Today we launch Foundation Home Loans new Residential product. Designed for clients who may have experienced a minor blip on their credit rating in the past, these Standard and Specialist products help to provide more lending options!

New Product range includes:

-  Purchase/remortgage options available
-  Up to 85% LTV
-  Up to 2 satisfied CCJs/Defaults up to the value of 2k within the last 24 months (500 in the case of debt consolidation)
-  Maximum of 2 missed secured payments in the last 24 months
-  Up to 2 months Unsecured arrears in the last 24 months
-  Up to 750K loans available

Please call our sales team to find out more or to discuss an enquiry!

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20/04/2017 - 5 Year Fixed BTL Product Withdrawal

Please note as of close of business, Thursday 20th April, Kent Reliance will no longer be accepting application or AIPs on their 5 Year Standard and Specialist Buy to Let products.

Note we need to DIP by 5pm this evening to secure rates. Therefore we will need full DIPS on the AToM Together system by 3pm this afternoon.

The new and replacement products will be available from 9am on Friday 21st April. These products include:

-  65% LTV - 3.89%
-  75% LTV - 4.09%
-  80% LTV - 4.39%
-  85% LTV - 5.29%

Please call our sales team if you have any queries and they will be happy to help!  

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19/04/2017 - 2.99% 5 Year Fixed BTLs

Today we are delighted to announce we have a new 2.99% 5 Year Fixed BTL product available! Be quick this is for a limited time only!

Product highlights include:

-  Rates from 2.99%!
-  Minimum loan 350K
-  Maximum loan size 3m (LTV limits apply)
-  Affordability based on pay rate
-  Available to both Core and Limited Company

Call our sales team today to discuss an enquiry regarding this great new product!

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18/04/2017 - AToM Onsite Lenders

Complex case? Try Kensington or any of the other lenders onsite at AToM this week!

AToM Lender Diary 18/04/2017

Tuesday

Kent Reliance - Paul

Thursday

Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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13/04/2017 - AToM Roadshows

Please note the dates for our AToM Roadshows!

Our roadshows provide you with an opportunity to gain an insight into whats happening within the mortgage market whilst focusing on different mortgage areas. These include residentials, BTLs/HMO/Ltd Co, Lending into Retirement, Adverse, Complex Deals, Bridging, Commercial and much more!

We have booked six location across the UK and will be looking at a morning event (9am-1.30pm) with four lenders at each roadshow. 

Locations 

London          12/09/2017
Winchester    13/09/2017
Gatwick         19/09/2017
Birmingham    20/09/2017
Manchester    26/09/2017
Bristol            27/09/2017

Click here to register:  http://roadshows.atomltd.co.uk/

We hope to see you there!

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13/04/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society. 

Dudley Building Society are currently working on all applications that were submitted fully packaged from 23rd February 2017 and DiPs from 5th March 2017

Please contact our sales team if you have any queries and they will be happy to help.

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11/04/2017 - Family Building Society BTL Offset Mortgage

Have you seen the Family Building Societys BTL Offset Mortgage?

This new product works in a similar way to a standard mortgage but a savings account is attached to the mortgage payment! This means any money placed in the savings account is automatically deducted from the amount of the mortgage on which interest is charged.

Product highlights include:

-  Interest rates from 2.99%
-  Offset savings up to 100% of the mortgage amount
-  Customers can reduce their monthly mortgage repayments
-  Customers savings can be used for early mortgage repayments
-  Up to 65% LTV
-  Interest only/capital/repayment options available
-  Up to 4 saver accounts can be linked to the mortgages

If you would like to find out more please call our sales team today and they will be happy to help!

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11/04/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on all applications that were submitted fully packaged from 23rd February 2017 and DiPs from 28th March 2017.

Please contact our sales team if you have any queries and they will be happy to help. 

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10/04/2017 - AToM Onsite Lenders

Tricky case? Try Family Building Society or any of the other lenders onsite at AToM this week! 

AToM Lender Diary 10/04/2017

Monday

Together - Laleta

Tuesday

Axis Bank - Andy
Kent Reliance - Paul

Wednesday

Precise - Gareth

Thursday

Precise - Liza
Kent Reliance - Paul

Call our sales team to discuss an enquiry or to find out more!

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07/04/2017 - Magellan Homeloans Credit Score

Would you find it easier to place mortgages for your clients if you did not have to navigate around the numerous credit score cards operated by lenders?

With a manual underwriting approach without any credit scoring at all, the Magellan Homeloans Near Prime and unique Credit Repair products offer you a variety of solutions for clients who are declined by lenders automated credit scoring. 

This gives you solutions for clients who: 

-  Simply have a low credit rating
-  Are declined for no other reason than failure to pass a credit score
-  Have previous adverse credit that adversely affects their credit profile
-  Have not had any form of credit therefore are unable to build their credit score
-  Have had numerous jobs and/or addresses in the last 3 years which affects their credit      score

If you would like to find out more please call our sales team today and they will be happy to help!

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06/04/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on all applications that were submitted fully packaged from 21st February 2017 and DiPs from 20th March 2017. 

Please contact our sales team if you have any queries and they will be happy to help.

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05/04/2017 - Best Broker for Short-Term Lending/Bridging

Today we are delighted to announce we were awarded the Best Broker for Short-Term Lending/Bridging at the Mortgage Strategy Awards 2017.

We are proud to have been awarded Best Broker for Short-Term Lending/Bridging at the Mortgage Strategy Awards 2017. The "Oscars" of the mortgage industry. 

Our award confirms the mutual partnership we have with you and we would like to thank you for your support!

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04/04/2017 - Dudley Building Society Application Times

Please note the following turnaround times for Dudley Building Society. 

Dudley Building Society are currently working on applications that were submitted fully packaged from 17th February 2017 and DIPs from 15th March 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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04/04/2017 - Tipton Exclusive High Income Multiples

After a great income multiple? Have you tried our Tipton exclusive?

Product Highlights

-  Up to 6.0x income multiples
-  Rates from 2.69%
-  Up to 85% LTV
-  Maximum loan B#450K
-  Free legals on some remortgages (standard legal work only)

Please call our sales team to find out more or to discuss an enquiry!

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03/04/2017 - AToM Onsite Lenders

Tricky case? Try Family Building Society or any of the other lenders onsite at AToM this week!

AToM Lender Diary 03/04/2017

Monday

Family BS - Sharon

Tuesday

Kent Reliance - Paul
Shawbrook - Steve

Wednesday

Bucks - Julie

Thursday

Magellan - Jacqui
Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to find out more or to discuss an enquiry!

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23/03/2017 - Dudley BS App Times

Please note the following turnaround times for Dudley Building Society.

Dudley Building Society are currently working on applications that were submitted fully packaged from 14th February 2017 and DIPs from 8th March 2017.

Please contact our sales team if you have any queries and they will be happy to help.

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20/03/2017 - AToM Onsite Lenders

Complex case? Try any of the 10 lenders onsite at AToM this week!

AToM Lender Diary 20/03/2017

Monday

Family BS - Sharon
Together - Lorenzo

Tuesday

Castle Trust - Andrea
Shawbrook - Steve
Kent Reliance - Paul

Wednesday

Precise - Liza
Together - Laleta

Thursday

Kent Reliance - Paul
Magellan - Jacqui

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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16/03/2017 - Tipton Revised Exclusive Product Range

Today Tipton have revised their exclusive product range for their High Income Multiple and BTL Large Portfolio products. Please find the changes below.

High Income Multiple Product (Purchase and Remortgage)

-  Interest Rate increased by 0.1% (applied rate now 2.69%)
-  Arrangement fee reduced from 0.50% to 0.30%
-  Product end date extended by one month to 30 April 2020

BTL Large Portfolio Product 

-  Rate reduced by 0.10% and end date extended until 30 April 2020 on existing purchase and remortgage product
-  TWO NEW 5 Year discounted products with reduced fees and a no ERC option

Please call our sales team to find out more or to discuss an enquiry!

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14/03/2017 - The Family Building Society Product Withdrawal

Please note The Family Building Societys BTL 2.99% 3 Year Fixed Semi Exclusive product is being withdrawn.

We require all DIPs to be submitted to us by 17th March (applications by 27th March), for this product. 

Product Highlights:

-  Rates from 2.99%
-  Up to 65% LTV
-  945 product fee (added up to LTV)
-  Refund of valuation on Remortgages
-  Free legals on Remortgages
-  Available on a repayment or interest only basis
-  Manual assessment

If you wish to discuss this product withdrawal or an enquiry please call our sales team and they will be happy to help!

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13/03/2017 - AToM Onsite Lenders

Complex case? 90% LTV? Try Kensington or any of the other lenders onsite at AToM this week!

AToM Lender Diary W/C 13/03/17

Tuesday

Harpenden - Graeme
Kent Reliance - Paul

Wednesday

Precise - Gareth

Thursday

Kent Reliance - Paul

Friday

Kensington - Paul

Call our sales team to discuss an enquiry or to find out more!

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08/03/2017 - Vida Homeloans Residential Range

Find yourself with a tricky residential case? Have you tried the residential range from Vida Homeloans?

Product highlights include:

-  Up to 85% LTV available
-  Up to 75% LTV available (Interest Only)
-  Fixed rates from 3.29% and variable from 2.99%
-  Self employed 1 years accounts accepted
-  Up to 4 applicants & incomes
-  Right to Buy accepted
-  Contract workers accepted
-  Max loan 1m
-  Minimum income 15K
-  Impaired Credit considered

If you have any queries regarding this product range or would like to discuss an enquiry please call our sales team today!

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06/03/2017 - AToM Onsite Lenders

Complex case? Speak to our lenders onsite at AToM this week and see how they can help!

AToM Lender Diary W/C 06/03/17

Monday

Family BS - Sharon
Together - Laleta and Lorenzo

Tuesday

Axis Bank - Andy
Shawbrook - Steve

Wednesday

Precise - Gareth

Thursday 

Kent Reliance - Paul

Call our sales team to discuss an enquiry or to find out more!

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28/02/2017 - Tipton Exclusive Large Portfolio BTLs

AToM is delighted to announce we have been chosen as one of a limited few to offer an exclusive product for Tiptons Large Portfolio BTL range!

Product highlights include:

-  Rates from 2.88%
-  Up to 70% LTV
-  Maximum loan 350K
-  Lender arrangement fee just 999*
-  Rates applies where portfolio consists of 4 or more BTL properties at the time of application
-  Free valuation and free legals on remortgages

*  For purchases and remortgages. 199 booking fee also applies for remortgages.

To find out more please click this link.

Or alternatively call our sales team today!


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24/02/2017 - Buy to Let Product Updates

Today Kent Reliance and Pepper Homeloans have updated their BTL product ranges. Please find highlights of the changes below.

Kent Reliance Specialist BTLs:

-  Rates from 2.99%
-  No ERCs on discounted variable rates
-  Large loan rates available with reduced product fees
-  5 Year Fixed rates reduced

Pepper Homeloans BTLs:

-  Up to 80% LTV
-  New Limited Edition 2 Year Fixed Rates starting from 3.38%
-  5 Year Fixed Rates now available

To find out more regarding these changes please call our sales team today!

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21/02/2017 - Tipton Exclusive Lender Launch

Today we are delighted to announce we have launched with the Tipton and Coseley Building Society! Please find details below of their exciting new range with 6x income multiples!

Product highlights include:

-  Up to 6.0x income multiples
-  Rates from 2.59%
-  Up to 85% LTV 
-  Max loan 450K
-  Free valuations and free legal fees available on remortgages
-  Available across England and Wales

Call our sales team to find out more or to discuss an enquiry!


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16/02/2017 - Precise Mortgages Exclusive BTL

Are you after a very good rental calculation? Have you seen Precise Mortgages new BTL range which now includes a new Limited Edition 5 Year Fixed product?

Product highlights include:

-  Rates from 3.39%
-  Rental calculations from 125% of 3.39%
-  Maximum loan size 2m (LTV Limits apply)
-  Affordability based on pay rate
-  Available to both core and Limited Company

Please call our sales team to find out more! 

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14/02/2017 - Kensington 90% LTV Exclusive Update

Today we are delighted to announce Kensington have updated their 90% LTV Residential Exclusive! The updated range now has rates starting from 4.34%!

Product highlights include:

-   Up to 90% LTV
-   Rates from 4.34%
-   Limited credit history accepted
-   Underwriter manual assessments
-   Self employed mortgages available
-   100% of bonus income considered
-   Failed credit score mortgages available
-   Available for purchases and remortgages

Please call our sales team to find out more or to discuss an enquiry. 

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14/02/2017 - Skipton International ExPat Buy to Lets

Struggling with an ExPat case? Have you tried Skipton International?

Product highlights include:

-   Rates from 2.99% (3 Year Discount) & 5 Year fixed from 4.24%
-   Free valuations and free lender legals available
-   100,000 minimum loan
-   Loans up to 1.5m
-   Up to 75% LTV

To find out more regarding these products please call our sales team and they will be happy to help!

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09/02/2017 - Precise Mortgages BTL Product Update

Today we are delighted to announce Precise Mortgages have updated their BTL range to include a new Limited Edition 5 Year Fixed product!

Product highlights below:

-  Rates from 3.39%
-  Rental calculations from 125% of 3.39%
-  Maximum loan size 2m (LTV Limits apply)
-  Affordability based on pay rate
-  Available to both Core and Limited Company

Call our sales team to find out more regarding the new range or to discuss an enquiry on 01403 272625.

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02/02/2017 - Foundation Home Loans Rental Calculation Update

Are you after a good rental calculation? Have you seen Foundation Home Loans semi-exclusive rental calculated at 125% of 3.49%? 

Product highlights include: 

-  5 Year fixed rates from 3.49%
-  Up to 75% LTV
-  Ltd Company BTLs considered
-  No minimum income required
-  Directors loan deposit considered
-  Rental calculations from 125% (limited company) and
   145% (if in personal name) of 3.49%

Call our sales team to find out more regarding this great product and they will be happy to help!


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01/02/2017 - Dudley Building Society Income Criteria Update

Today Dudley Building Society have updated their income criteria to include some new changes!

New Income Criteria highlights include:

-  Now accepting income from lodgers
-  Now accepting zero hour contracts
-  10% overpayments accepted
-  Interest Only mortgages available
-  Removal of restriction on the number of children for child minders

Please call our sales team if you wish to discuss these updates or to discuss an enquiry.

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31/01/2017 - Precise Mortgages Onsite Today

Today we have Liza Campion onsite with the sales team! 

Please find their product highlights below:

-  Customers in a Debt Management Plan considered
-  All new BTL products with rates starting from 3.29%
-  Residential lifetime trackers from 3.19%
-  Up to 85% LTV with adverse considered (First Time Buyers included)
-  Self employed with 1 year accounts
-  Exclusive HMO Buy to Let up to 80% LTV
-  Buy to Let with no minimum income requirements
-  Help to Buy products now with 4% cashback
-  CCJs and Defaults considered on Residential and BTL

If you have any queries regarding these great products please call our sales team now on 01403 272625.

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27/01/2017 - Kensington 90% LTV Exclusive

Have you seen Kensingtons 90% Residential Exclusive? This is a great product which we are delighted to advertise via AToM! 

Product highlights include:

-  Up to 90% LTV
-  Rates from 4.79%
-  Limited credit history accepted
-  Underwriter manual assessments
-  Self employed mortgages available
-  100% of bonus income considered
-  Failed credit score mortgages available
-  Available for purchases and remortgages

Please call our sales team to find out more!

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23/01/2017 - Axis Bank Product Update

Today Axis Bank have updated their product range to include their latest new rates!

Please find the updated rates below:

Standard BTLs

-  2 Year fixed rates from 3.38%
-  2 Year fixed pound for pound remortgages from 3.38%
-  3 Year fixed pound for pound remortgages from 3.69%
-  5 Year fixed rates from 3.95%
-  2 Year variable rate 3 month LIBOR + 3.00%

Specialist BTL

-  2 Year fixed rates from 3.58%
-  2 Year fixed pound for pound remortgages from 3.58%
-  3 Year fixed pound for pound remortgages from 3.89%
-  5 Year fixed rates from 4.15%
-  2 Year variable rate 3 month LIBOR + 3.00%

If you have any queries regarding these new products please call our sales team on 01403 272625.

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18/01/2017 - Market Leading Bridging Rates

Today we are delighted to announce we have been appointed to Masthavens Premier Panel! 

With immediate effect on all 1st charge (regulated and non-regulated) bridging loans we are offering a market leading rate of 0.49% on all loans under 40% LTV.

We also have reduced rates on all loans in the 40-50% LTV range at 0.54%.

New rates include:*

Up to 40% LTV - 0.49%

40-50% LTV - 0.54%

50-60% LTV - 0.75%

60-70% LTV - 0.85%

*LTVs to include retained interest / lender fees if applicable

If you have any queries regarding these new rates please call our commercial team on 01403 272625 and they will be happy to help.

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17/01/2017 - Axis Bank PRA Changes

Today Axis Bank have updated their product range to help accommodate the latest PRA changes. 

New product updates include:

-  125% rental calculation at 5.5% pay rate for basic rate taxpayers.
-  Personal income to support any ICR shortfall may be considered (350K+ loans)
-  HNW exemptions by exception
-  125% rental calculation at 5% pay rate (like for like remortgages)

If you have any queries regarding these changes please contact our sales team and they will be happy to help.

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13/01/2017 - Foundation Home Loans Rental Calculation Update

Please note with effect from 16th January Foundation Home Loans rental calculation stress test will be changing. 

Any DIPs submitted before Monday 16th January will be assessed on the basis of the current calculations and will be unaffected by the change.

Any DIPs submitted on or after 16th January will be assessed on the following criteria:

Individuals:

5 Year fixed rates from 145% of pay rate.

All other products 145% of the higher of: pay rate OR 5.5% notional rate

Limited Companies:

5 Year fixed rates from 125% of pay rate.

All other products 125% of the higher of: pay rate OR 5.5% notional rate

If you have any queries regarding these changes please call our sales team on 01403 272625.

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13/01/2017 - Precise Mortgages Bridging Finance Update

Today Precise Mortgages have updated their Bridging Finance range to include new limited edition reduced rates! We are delighted to announce we have been included on their premier panel for these exclusive rates.

Rates on this range start from 0.54% and 0.64% with a minimum property value of 50K. Please note these rates are per month and are available for Regulated Bridging Finance and Property Investor Finance.

For more information regarding these products please call 01403 272625.

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10/01/2017 - AToM Feedback Survey

We are always looking at ways we can improve our service and offerings to you and your customers.

With this in mind, we would be very grateful if you could give us some feedback on what we do well and areas we could do better!

This includes your thoughts and suggestions on our new CRM system AToM Together and ways which we can improve it to help you further.

Thank you in advance for taking the time to complete the survey and for your valued feedback.

Please click here to take part in our survey:

http://www.smartsurvey.co.uk/s/ZM1L6/

If you have any queries please contact our sales team and they will be happy to help.


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04/01/2017 - Axis Bank Product Update

Today Axis Bank have confirmed they have made changes to their lending policy with immediate effect. 

Please find the changes below:

Client Experience: 

Applicant 1 must hold at least 3 existing BTL properties, subsequent applicants must hold at least 1 existing BTL property, which they have never lived in. All applicants must have been active within BTL for at least the past 2 years. 

MUFB:

The number of units under one freehold has been increased from 5 units to 6 units. Axis Bank will now accept MUFB applications with a maximum of 6 units.

Age of Borrower:

The maximum age for a sole applicant is to remain at 80. In a joint or company application, the youngest applicant must be a maximum of 80 at the end of the loan term. Older applicants, on the same application, can exceed the 80 year maximum subject to underwriter approval. 

Maximum number of loans:

The maximum number of loans that may be granted until Axis evidence 6 months satisfactory seasoning is 5 (up to the B#5m maximum exposure limit). After this the Bank will consider up to a maximum of 10 further loans (subject to a maximum exposure limit of 33% of the applicants rental property portfolio).

Lending Area:

Their lending area includes mainland England and selected counties in Wales: Gwent, Mid Glamorgan, South Glamorgan and West Glamorgan. It does not include the Channel Islands, Isle of Wight, Scillly Iles or the Isle of Man. 

If you have any queries regarding these changes please call our sales team on 01403 272625 and they will be happy to help.






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03/01/2017 - Happy New Year!

Happy New Year everyone from the AToM team!

We are now back to our normal office hours and look forward to assisting you with your cases! 

2016 was a fantastic year for AToM, we really appreciated your business and have enjoyed working with you all over the past 12 months. We have many new initiatives planned for 2017 and look forward to sharing them with you! 

Please do not hesitate to call our sales team on 01403 272625 and they will be happy to help you. 

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21/12/2016 - Saffron

Please note that from 1st January 2017, Saffron are changing how BTL applications are assessed in line with PRA changes. These changes can be summarised as follows:

REFER Decisions:
From 1st January 2017, all BTL DIP's that are submitted and are not immediately declined, will receive either an automatic ACCEPT decision or a REFER decision.
ALL DIPS (Including ACCEPT decisions) will be manually referred to Saffron's underwriters for assessment. Saffron will confirm within 24 hours if they can consider the case.

BTL Rental Calculation:
- Saffron will be applying the following minimum BTL rental calculation; 140% of pay rate stressed at 2%

There are no changes to the BTL lending criteria.

BTL fully packaged mortgage applications which have been assessed by underwriters by close of business on the 31st December 2016 will be considered on the current affordability assessment requirements.

Please contact the AToM team to find out more, or for assistance.

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21/12/2016 - Kent Reliance BTL Changes

Please note that from 28th December 2016, Kent Reliance are changing the way they assess affordability for BTL and HMO mortgages for all new applications. These changes are as follows: 

AFFORDABILITY: 
Minimum stress rate applicable for rental cover purposes will be 5.5%, or the initial pay rate plus 1.55%, whichever is higher. 

5 year fixed rate applications will continue to be stress-tested at the initial pay rate, with no additional margin or minimum rate applicable. 

STANDARD BTL DEFINITION ENHANCEMENTS 
Kent Reliance have extended their definition of Standard property to include:
- HMO/multi/student lets with up to 5 rooms 
- Blocks of flats with up to 4 units 
- single dwellings 

NEW INTEREST COVERAGE RATIOS: 

Standard Property:
Personal:
- Non-Portfolio Borrower (each individiual owns fewer than 4 investment properties): 140% rental cover
- Portfolio Borrower (at least one individual owns 4 or more investment properties): 155% rental cover 
Limited Company: 125% rental cover 

Specialist Property:
Personal: 
- Non-Portfolio Borrower: 165% rental cover 
- Portfolio Borrower: 180% rental cover 
- Limited Company: 145% rental cover 

Please contact the AToM team for more information, or to make an enquiry. 

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20/12/2016 - Kensington BTL Changes


Please note that from Tuesday 2nd January 2017, Kensington are updating the rental coverage calculations on our Buy to Let product range as follows:

Core range 

- Current rental coverage 125% of 5.5%
- New rental coverage 145% of 5.5%

HMO and MUB range - Specialist Distributor exclusives

- Current rental coverage 150% of 5.5%
- New rental coverage 175% of 5.5% 

If you would like to submit a case on Kensingtons current range, please complete the Decision in Principle as soon as possible (clicking AToM as the submission route), and submit full applications by 5pm on Friday 30th December.

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20/12/2016 - Kent Reliance Changes

Kent Reliance are making changes for the new PRA regulations and their approach will be advised shortly.

In the meantime, all AIPs on the current BTL affordability criteria needs to be at AIP Illustration by 5pm Tuesday 20th December.

Packagers have until 12pm Friday 23rd December to submit fully packaged cases.

Please note that AToM will need DIPs by 3pm TODAY to meet deadlines and AToM is closed on Friday 23rd December, so will need to submit all cases by close of business on Thursday 22nd December.

Please contact the AToM team to find out more, or for assistance.


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19/12/2016 - Elite partner to FHL

AToM are delighted to be awarded ELITE status with Lender Foundation Home Loans.

As such, AToM can now offer EXPAT Limited Company Buy to Lets

Applicants must have:
- Credit footprint in UK
- pay UK tax or have declared income for UK tax purposes
- has at least one BTL in UK
- be employed by multi-national employer
- has a UK bank account
- has a UK correspondence address
- provide the last two years SA100 and tax calculations
- has proof of residency in the foreign country.

Acceptable regions for ExPats are:
Europe, USA and Canada, Hong Kong, Singapore, Thailand, Malaysia, Indonesia, South Korea, Japan, United Arab Emirates 

Please contact the AToM sales team to discuss an enquiry or to submit a DIP.

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16/12/2016 - Precise Mortgages - New Buy to Let Range

Today Precise Mortgages have launched an exciting new range of BTL products in line with the PRA regulation changes. The new range will replace all Core, Limited Company and HMO products.

Precise's new BTL product range includes rates starting from 3.29%, and HMO rates starting from 3.39%.

In addition, Precise have also increased the portfolio size with Precise Mortgage to 20, and up to an aggregate value of £5million, whilst still allowing an unlimited portfolio with other lenders.

For more information regarding this new product range, please call our Sales Team on 01403 27 26 25, and they will be happy to help.

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14/12/2016 - PRA Rules Precise Mortgages Update

Please see Precise Mortgages PRA update below.

ALL CURRENT BTL PRODUCTS ARE BEING WITHDRAWN BY 6PM TONIGHT.

To secure these products the applications must be submitted in full with fees paid.

PRA OLD RULES MUST BE AT DIP ACCEPT BY 6PM TONIGHT.

Any DIPS not submitted in full on the old products, but Dipped prior to 6pm tonight must be submitted by 23rd December to still qualify for the old PRA rules. 

However these will be subject to the new BTL product range launching 15th December.

To find out more please call our sales team on 01403 272625.

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12/12/2016 - PRA Rules Lender Updates

With effect from 1st January 2017 the new Prudential Regulation Authority (PRA) rules on BTL affordability will come into place. 

Please find the pipeline arrangements with our lenders below.

Precise Mortgages

From 15th December, Precise Mortgages will be changing the way they assess their BTL applications.

To ensure you secure an application for a case on their current criteria (rental cover calculated at 125% of the interest only payment of the loan based on the higher of the pay or revert rate) please note the following.

-  All Decision in Principles (DIPs) will need to be at DIP accept status by 

   6pm on 14th December 2016.

-  Full applications will need to be at Application submitted status by 

   6pm on 23rd December 2016.

Any applications after the above dates (new DIP accepts from 15th December) will be on the new PRA rules if they were not previously at DIP accept by 6pm on Wednesday 14th December.

Kent Reliance

From 23rd December, Kent Reliance will be changing the way their BTL applications are assessed. 

To ensure you secure an application for a case on their current criteria please note the following. 

-  All Decision in Principles (DIPs) will need to be at DIP accept status by 

   5pm on Tuesday 20th December.

-  Full applications will need to be at Application submitted status by 

   12pm on Friday 23rd December.

All new applications submitted from 28th December will be underwritten on their new affordability criteria.

To find out more please call our sales team on 01403 272625 and they will be happy to help.

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06/12/2016 - Octopus Property Onsite Today

Today we have Chris Holden onsite from Octopus Property!

Octopus Property have a great product range offering a 4.99% pay rate with a 100% rental calculation, short - medium term BTL rates and loans up to 1.5 million!
They will also accept first time buyers, landlords, foreign nationals and expats with adverse accepted and no minimum/proof of income required.

To find out more or to discuss their product range please call us on 01403 272625 to speak to Chris.

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05/12/2016 - 2016 Precise Mortgages Residential Packager Award

Today we are delighted to announce we have received the 2016 Best Residential Packager award from Precise Mortgages!

A big thank you to everyone for all your support this year and we look forward to working with you all again in 2017!


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28/11/2016 - Exclusive BTL and Ltd Company Lifetime Tracker

LIMITED EDITION PRODUCT - AVAILABLE UNTIL TUESDAY 13TH DECEMBER

- 3.69% Lifetime Tracker
- 125% Payrate
- 2995 Flat Arrangement Fee - Fantastic for any loans over 300K
- Up to 1m
- Remortgages ONLY
- Applies to Ltd Company OR traditional BTL
- Max age 80 at application
- Do not need to be current homeowners

*PROCESSING RESTRICTIONS APPLY*

Simplistic underwriting for Traditional & LTD Company BTLs

NO Proof of Income
NO Bank Statements
NO Minimum Income - however must be able to cover rent voids from self declared earned income for approx 3-4 months

75% to 750K
70% to 1m

Call AToM to find out more about this Exclusive product offering on 01403 272625. 

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23/11/2016 - Skipton International Application Fees

Today we are pleased to announce Skipton Internationals Application Fees have been reduced from 1,999 to 999! 
This will apply to all remortgages received by 30th November. 

Please note both the fee and application have to be received by the end of November. The application fee for purchases will remain at 1,999 and the AToM processing fee applies. 

For more information please call our sales team today on 01403 272625 and they will be happy to help.

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22/11/2016 - Landbay Launch New Mortgage Products

Today Landbay have launched 3 new products to their mortgage range! These are aimed at professional landlords, specifically those with HMOs and Expats.

They have also changed their lending criteria to require a minimum income of B#25K and B#40K for Expats.

Landbays new mortgage products include rates from 3.88%, up to 75% LTV and no ERCs. This is in addition to rental calculations starting at 125% of 3.88%.

To find out more regarding these new products please call our sales team today on 01403 272625.


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17/11/2016 - Kent Reliance Onsite Today

Today we have our onsite Kent Reliance underwriter with the sales team who will be able to help with any of your queries. 

Kent Reliance are a great lender for Specialist BTLs, ExPat BTLs and BTLs for private and professional landlords.

For more information please call our sales team on 01403 272625 and they will be happy to help.

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15/11/2016 - New Kensington BTL Products

Today Kensington have launched their new product ranges for HMOs, MUBs and Second Homes.

These are great new products with their HMO and MUB range offering 2 year fixed rates from 3.39% and up to 75% LTV (MUBs). They will also now accept 6 bedroom HMOs and freehold properties with up to 4 multiple units.

Their second home product range offers 2 year fixed rates from 3.29% and up to 70% LTV. They will accept failed credit scores and a limited credit history on this range too.

For more information regarding these new product ranges please call our sales team on 01403 272625 to find out more.

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14/11/2016 - Vida Homeloans Lender Launch

Today we are delighted to announce we have launched with Vida Homeloans!

Vida Homeloans are a great new lender for your residential and BTL customers offering fixed rates from 3.29% and up to 85% LTV.
They will accept Right to Buys, contract workers, self employed with 1 years accounts and HMOs, Ltd Companies and portfolio landlords.
Vida Homeloans will also consider applicants with impaired credit, rental top ups and up to 4 applicants and incomes.

To find out more regarding our new lender please call our sales team on 01403 272625 and they will be happy to help.

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03/11/2016 - Kensington Product Range Update

Today Kensington have updated their BTL and Residential product range.

They have withdrawn their previous BTL products and these have been replaced with a new refreshed BTL range. Their new range includes rates from 2.79%, up to 80% LTV and max loans of 1.5 million.

Their residential products remain unaffected but they have added additional rates to this range. These include 2 year fixed rates at 3.79% (75% LTV) and 3.89% (80% LTV).

If you have any queries regarding these product updates please call our sales team today on 01403 272625.

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02/11/2016 - Buckinghamshire Building Society Onsite

Today we have Julie from the Buckinghamshire Building Society onsite today!

Buckinghamshire Building Society can deal with unusual properties, offer fixed rates from 3.79% (with no maximum age limit) and can offer repayment and interest only options. 

Call the sales team now to find out more on 01403 272625.

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26/10/2016 - Foundation Home Loans Onsite Today

Today we have James Adkin onsite from Foundation Home Loans!

FHL are a great lender for accepting First Time Landlords, Limited Company BTLs and have rates starting from 3.49%!

Have you also seen their new Semi Exclusive rental calculated at 125% of 3.49%? Make sure you enquire about this great new range they have launched recently, we will be happy to help.

To find out more please call our sales team on 01403 272625.

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25/10/2016 - Precise Mortgages Onsite Today

Today we have Liza Campion onsite with the Sales team!

Precise Mortgages are a great lender for Residential and Buy to Let enquiries. They offer up to 85% LTV with adverse considered (first time buyers included) and Buy to Lets with no minimum income requirements. 

Be sure to also enquire about their new Right to Buy range and Limited Edition Specialist Buy to Lets!

Please call our sales team who will be happy to help on 01403 272625.

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21/10/2016 - Precise Right to Buy Product Update

Today Precise Mortgages have updated their Right to Buy product range!

Their new product offers customers up to 90% of the discounted purchase price of the property, up to 75% LTV and zero product fees! 

To find out more please call our sales team today on 01403 272625.

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18/10/2016 - Pepper Product Withdrawals

Pepper Homeloans to withdraw products from their Buy to Let range on Thursday 20th October!

These withdrawals will be to their 2 & 5 Year Fixed Rates for product codes NP1 and NP2 however there will be no changes to product codes NC3, NC4 and NC5. 

If any cases relating to these products have been submitted to us before Thursday, Pepper will honour these as long as they have been provided with an Accepted Decision in Principle. 

If you have any queries regarding these changes please call our sales team on 01403 272625.

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12/10/2016 - Octopus Property BTL Launch

Today we are delighted to announce we have Chris Holden onsite from Octopus Property to promote their new BTL range!

This is a great new product offering a 4.99% pay rate with a 100% rental calculation, 2 year terms and loans up to 1.5 million!
(Please note this is a discounted rate and the rate is 6.99% with an option to defer 2% of this and pay at completion).

To find out more or to discuss this innovative new range please call Chris Holden on 01403 272625.

 

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11/10/2016 - Precise Launch Ltd Edition Specialist BTLs

Today we are delighted to announce Precise Mortgages have launched their new Limited Edition Specialist BTLs range!

This is a fantastic new product which is available for Limited Company/Limited Liability Partnerships, Limited Company HMOs and HMOs. The range has rates from 3.34% and provides up to 75% LTV with a maximum loan amount of 1 million!

To find out more please call our sales team on 01403 272625 and they will be happy to help.

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07/10/2016 - Kensington Residential Update/AToM Carpool Karaoke

Today Kensington have updated their residential product range! 

There has been an overhaul of their products with rates lowered on many of their residential mortgages. The premier range now has rates from 2.99%, residential lending rates from 3.29% (a decrease of up to 0.70%) and new build rates from 3.54%!

We have also had many requests recently for our carpool karaoke video to make another appearance. This was a first for the mortgage industry and has certainly proved popular! To view the video please visit our Facebook page and feel free to share it with your friends!

To find out more please call our sales team who will be happy to help on 01403 272625.

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05/10/2016 - Precise Launch Right to Buy Product

Today we are delighted to announce Precise Mortgages have launched their new Right to Buy product range!

This is a great new product for house purchases in England and will offer up to 100% of the discounted purchase price of the property, up to 75% LTV and zero product fees!

To find out more please call our sales team today on 01403 272625.

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30/09/2016 - United Trust Bank Onsite Today

Today we have Rob Love onsite with the commercial team!

Rob will be able to help with any enquiries regarding those tricky bridging cases you are having trouble placing. They are a great lender and offer 1st and 2nd charge lending, funding up to 70% of the open market value, multi drawdown facilities and a competitive pricing structure starting from 0.65%!

Call AToM to find out more or to speak to Rob on 01403 272625.


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29/09/2016 - Borro Onsite Today!

Today we have Harriet Smith from Borro with the sales team!

Harriet will be able to help with any enquiries regarding their new Bridging Loans product. Highlights of the new product include up to 75% gross LTV (first charge basis) and 65% gross LTV (second charge basis). They also have rates from 0.95% and accept residential and semi commercial securities and adverse credit.

For more information and to speak to Harriet please call the sales team on 01403 272625.

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23/09/2016 - Pepper Onsite Today

Today we have Gordon Rae from Pepper onsite with the sales team! 

Pepper are a great lender with residential rates starting from 2.93% and buy to let rates from 3.58%. They also provide fee legals on all remortgages (standard legal work only).

Call the AToM sales team to find out more or to speak to Gordon on 01403 272625.

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21/09/2016 - Pepper Product Range Update

Today Pepper Homeloans have updated their whole product range!

They now offer free legals on all remortgages (standard legal work only), residential rates from 2.93% and buy to let rates from 3.58%!

To find out more call our sales team on 01403 272625.

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20/09/2016 - Pepper Product Withdrawal

On Wednesday 21st September Pepper will be making a number of changes to their product range. 

They will be withdrawing their Buy to Let Lifetime Tracker, Buy to Let 2 Year Discounted Tracker and their Residential 3 Year Fixed Rate.

If you submit a case before this Pepper will honour it as long as they have been provided with a Decision in Principle form.

To find out more please call the sales team on 01403 272625.

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19/09/2016 - Axis Bank Product Update

Axis Bank update their minimum loans and lending area!

Their updated products now have a new minimum loan value of 100K and are now available across the whole of England and South Wales (Glamorgan Counties and Gwent).

Coupled with their updated product rates (2 year fixed at 3.69%, 3 year at 3.89% and 5 year fixed at 4.19%) and their 5 year product ranges having no ERCs in years 4 & 5 this is a great new product range!

To find out more please call our sales team today on 01403 272625.

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14/09/2016 - FHL Launch BTL Exclusive!

Foundation Home Loans launch new BTL Prime Plus Exclusive with AToM!  This is a superb new product and we are delighted to have been chosen to support this launch.

Highlights of this product include 5 year fixed rates at 3.49%, an exclusive rental calculation of 125% of pay rate (3.49%) for Ltd Company (145% Individual) and up to 75% LTV.  2% fee added and ERCS 5,4,3,2,1%.

To find out more call the sales team today on 01403 272625.

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09/09/2016 - Bucks launch new rates

Buckinghamshire BS have launched a number of new products including: 

Contractors - 95% LTV (90% remortgages).
Pay rate x 5 x 48 used.

BTL - No max age, FTL considered, no min time for Expats to return to UK and purchase a property. 

All manually assessed.
Please contact the AToM sales team to find out more.  

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09/09/2016 - National Counties changes

National Counties BS have launched two new semi exclusives via AToM

- 2.79% 3 Year fixed Residential.  Includes refund of valuation fee and legals package (remortgages).  Up to 80% LTV.

- 2.99% 3 Year fixed BUY TO LET.  945 arrangement fee.

Both with manual assessment.  Remember AToM has a lender ONSITE underwriter from NCBS.  Call now!

 

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09/09/2016 - Kensington 90% LTV Exc

Kensington have lowered their 90% Packager exclusive product.
Rates now start from 4.79% and can be 2, 3 or 5 year fixed.  
Products are also available to the Self Employed and those who have failed credit scores.
Underwriter decisions rather than credit score.

Call the AToM sales team to find out more or to discuss an enquiry

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25/08/2016 - Precise Mortgages Onsite Today

Today we have Liza Campion onsite with the Sales team!

Great lender for Residential and Buy to Let enquiries. Up to 85% LTV with adverse considered (First Time Buyers included) and Buy to Lets with no minimum income requirements.

Call the sales team now to discuss an enquiry or to speak to Liza on 01403 272625.

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25/08/2016 - Axis Bank Reduce Specialist BTL Rates

Axis Bank reduce their rates for Specialist BTLs!

The updated range sees 2 year fixed rates at 3.69%, 3 year fixed at 3.89% and 5 year fixed at 4.19%!

The 5 year product range also has no ERCs in years 4 and 5 and only 3% ERCs in the third year.

To find out more about these great new products call our sales team today on 01403 272625.

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16/08/2016 - Precise Limited Company BTL Exclusive

Precise Mortgages launch new Limited Company BTL Exclusive with AToM! 

This a great new product and we are delighted to have been chosen to support this launch. Highlights of this product include 5 year fixed rates at 3.89%, only a 1.5% arrangement fee and a 4% reversion rate.

To find out more call our sales team today on 01403 272625.

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15/08/2016 - Skipton Update ExPat Buy to Lets

Skipton International have updated their ExPat Buy to Let portfolio and reduced their UK Standard Variable Rate with effect from the 1st September.

This is a great new product with 3 year discounted rates from 2.99% and 5 year fixed rates from 4.24%! They have also reduced their UK SVR to 4.99% and free valuations are available too.

To find out more call our sales team today on 01403 272625.

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05/08/2016 - 05/08/2016 - Bluestone Mortgages Onsite

Today we have John Smith from Bluestone Mortgages on-site with the sales team.

Bluestone Mortgages accept customers with 4 or more defaults within the last 3 years, 3 or more CCJs within the last 3 years, debt management plans and they do not credit score making them a great alternative for you.

Call the sales team now or to speak to John Smith on 01403 27 26 25.




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03/08/2016 - Bucks & FHL Onsite

We have Julie from the Buckinghamshire Building Society and James from Foundation Home Loans onsite today.

Buckinghamshire Building Society can deal with unusual properties, offer fixed rates from 3.79% (with no maximum age limit) and can offer repayment and interest only options.

FHL are great for First Time Landlords, Ltd Company BTLs and have great rates starting from 3.59%.

Call the sales team now or to speak to Julie/James on 01403 27 26 25.

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01/08/2016 - Stonebridge pick AToM

AToM are delighted to be added to the Stonebridge Group approved packager panel.   Having undertaken due diligence and an assessment which covered a number of areas, including partner feedback, lender choice, financial strength and product access, AToM were selected as one of the new additions to the panel.

Paul Nye, Business Partner Director, Stonebridge commented "we felt that AToM (and the two other additions) were head and shoulders above their competitors and would fit comfortably into the way Stonebridge conducts business."

Dale Jannels, Director, AToM added "Stonebridge are a well respected and long established Network.  We look forward to working closely with their members and offering our lender partners products and exclusives in addition to the new AToM online submission, sourcing and CRM system. " 

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29/07/2016 - Pepper On-Site Today

Today we have Gordon Rae from Pepper on-site with the Sales Team. 

Great lender for rates from 1.98%, up to 85% LTV and clients with previous blips on credit file are accepted. 

Call the Sales Team now to discuss any enquiries. 

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27/07/2016 - Kensington 90% LTV Exc

Kensington are bringing back their Residential 90% LTV Exclusive. 

Product highlights include rates from 4.99%, available for purchases, remortgages and self employed mortgages, limited credit history accepted and 100% of bonus income considered. 

Call the Sales Team now to discuss any enquiries. 

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26/07/2016 - Marsden On-Site Today

Today we have Charlotte Grimshaw from Marsden Building Society on-site with the Sales Team.

Lender excels at fee free products, 75% interest only and has a maximum age of 85. 

Call the Sales Team now for any enquiries. 

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25/07/2016 - Axis On-Site Today

Today we have Andy Rowe from Axis Bank on-site today with the Sales Team.

Great lender for specialist BTL's including HMO's, Student Lets ad Limited Company Applications.

Call the Sales Team now to discuss any enquiries.

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20/07/2016 - Foundation onsite

Today we have James Adkin from FHL onsite with the AToM team.

FHL excel at accepting First Time Landlords, Ltd Company BTls and have superb rates starting from 3.59%

Call the sales team now or to speak to James on 01403 27 26 25

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15/07/2016 - Pepper On-Site Today

We have Gordon Ray from Pepper with the sales team. 

Lender has rates from 3.68%, up to 85% LTV and 80% LTV Buy to Let, 12 months self employed and adverse is considered across the range. 

Call the Sales Team now to discuss any enquiries. 

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14/07/2016 - Kent Reliance On-Site Today

Today we have Steve Woods from Kent Reliance on site with the sales team. 

Great Lender for Specialist Buy to Lets, EX-Pat Buy to Lets and Buy to Lets for both private and professional Landlords. 

Call the Sales Team Now to discuss any enquiries. 

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13/07/2016 - Precise On-Site Today

Today we have Liza Campion on-site today with the sales team. 

Great Lender for Residential and Buy to Let enquiries. Up to 85% LTV with adverse considered (First Time Buyers included), Buy to Let with no minimum income requirements. 

Call the Sales Team now to discuss any enquiries. 

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12/07/2016 - Harpenden and Barclays On-Site Today

Today we have Graeme Aitken from Harpenden Building Society and Andrew Tapsell from Barclays on-site with the sales team. 

Harpenden Building Society have rates from 2.74%, manually assessed mortgages and self builds considered. 

Barclays accept commercial and residential property investments, 15 year repayment terms and owner occupied property commercial property purchases are also accepted.

Call the sales team to discuss any enquiries or criteria.  


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11/07/2016 - New Lender - TML

We are delighted that The Mortgage Lender have launched with AToM today. 

TML are a new specialist and intermediary-only lender and have an experienced and proven team with a successful track record of entrepreneurial growth in a regulated environment.

Products and criteria they are particularly focused on:

  • Standard status borrowers
  • Self employed
  • Lending into retirement
  • Impaired credit
You can see the product guide at 

https://www.atomltd.co.uk/intermediaries/The-Mortgage-Lender/TML%20Product%20Guide%20July%202016.pdf

Call the AToM sales team to discuss any enquiries or to find out more.

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07/07/2016 - FHL Tier 1 and Tier 2 VISAs Allowed

FHL now accept applicants wanting Buy to Let mortgages with either a Tier 1 & Tier 2 VISA.

FHL would require the following supporting information:

  • All visas must have at least 6 months to expiry (at application stage)
  • An additional requirement will be confirmation of the sponsors intention to renew the visa where the visa expires within the next 12 months
Call the sales team to discuss any enquiries or criteria.

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06/07/2016 - Buckinghamshire On-Site Today

Today we have Julie Hanif from Buckinghamshire Building Society on-site with the sales team. 

Lender good for unusual properties, complex income and manual underwriting.

Call the sales team to discuss any enquiries or criteria.

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20/06/2016 - Kensington New Product Launch

Kensington have launched the Kensington Premier Range. 

The Premier mortgage range offers loans up to B#2 million, including a maximum limit of B#1 million for First Time Buyers. Loans are now available up to a maximum 75% LTV, with rates of 3.44% for a 2-Year Fixed and 3.74% for a 3-Year Fixed mortgage. 

Loans up to 65% LTV, rates are 3.34% for a 2-Year Fixed and 3.64% for a 3-year Fixed. All products carry a B#999 completion fee. 

Call the Sales Team now to discuss any enquiries.

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17/06/2016 - Foundation New Product Range

Foundation Home Loans have launched their new product range with rates now starting from 3.59% for Prime cases and 3.97%.

Foundation excel at helping small portfolio landlords, first time landlords and Ltd Co. applications.

Call the sales team now to discuss any enquiries or criteria!

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15/06/2016 - Axis Bank On-site Today

Today we have Andy Rowe from Axis Bank on-site with the sales team.   

Axis excel at specialist BTL lending including HMO's, Student Lets and Limited Company Applications

On Monday Axis lanuched their new discounted variable product range with rates at 3.69% for both standard and specialist BTLs.

Call the sales team now to discuss enquiries and criteria.

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14/06/2016 - Precise On-Site Today

Today we Liza Campion from Precise Mortgages on-site with the sales team.

Great Lender for Residential and BTL enquiries with adverse.

Also available through AToM exclusive Help to Buy and Debt Management Plan Products.

Call the Sales Team now to discuss any enquiries.

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13/06/2016 - Axis Product Launch

Today Axis Bank launch their 2 year discounted variable rate.

Rates at 3.69% for 2 years for both standard and specialist BTLs up to 75% LTV.

No ERCs and Rental stressed at variable rate plus 0.5% subject to 5% minimum @ 125% coverage.

Call the sales team now to discuss any enquiries.

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10/06/2016 - Saffron Criteria Update

Saffron Building Society are now accepting loans up to B#1 million on their FTB products.

Maximum LTV for loans between B#500,000 and B#1 million is capped at 90%.

Properties must be within the M25 to apply.

Call the sales team to discuss any enquiries or criteria.

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09/06/2016 - National Counties Onsite

Today we have Cammy Amaira onsite with the packaged sales team.

National Counties are great with helping clients looking to borrow into retirement, British Ex-pats looking to purchase BTLs and low start family mortgages.

Call the Sales Team to discuss any enquiries.

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08/06/2016 - Together onsite today

Today we have onsite Gary Bailey and Mark Rookyard from Together Loans. 

Lender good for unusual properties and customers with recent credit issues.  

 Please call us to discuss any enquiries.

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23/05/2016 - New LT Tracker BTL

Designed for clients who have experienced a blip on their credit rating, Pepper have launched a Buy to Let with rates starting from 3.68%.

LTVs available are up to 80% LTV and rental assessment is calculated at the pay rate!

Max adverse includes 3 CCJs/Defaults in months 19 - 36, 1 missed mortgage payments in months 19-24 and 1 missed in months 25-36.  Anything over this ignored.  

Call the AToM Sales team to find out more.

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18/05/2016 - Foundation HL changes

Foundation Homeloans are changing their rental calculations for individuals from 125% to 145%.   This will come in to effect on JUNE 14th.  Dips submitted after this date will be on the new calculations.

Rental coverage for Ltd Companies remains at 125%

Please call the AToM team to find out more.

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04/05/2016 - NCBS Changes

NCBS has made some important changes to their lending policy that I wanted to share with you today.

Minimum property value
NCBS minimum property value has reduced from£125,000 to £120,000. This applies to their Owner Occupier and Buy to Let mortgages.

Holiday Homes
Mortgage applications on holiday homes are available, subject to affordability which must be calculated against the applicant's earned income without inclusion of any rental that may be received from the property. Interest-only loans will be accepted on this basis. It is intended that these properties should be for the applicant's use, but where the property may be occupied on a holiday let basis when the applicant is not in occupation.

Please note applicants with portfolios of holiday homes will not be permitted.

Holiday homes will not be accepted where there is a formal AST or where they can only be used as a holiday home due to restrictive covenants within the deeds. The maximum Loan to Value will be 70%.

Loan to Value limits
Owner Occupied limits are amended to:
£45,000-£350,000: 80%
£350,001-£500,000: 75%
£500,001-£1,000,000: 70%
£1,000,001-£1.25m: 65%
£1,250,001-£1.5m: 60%
£1.5m+: 50%

Contract workers
NCBS has changed the length of time for calculating income from 46 weeks to 48 weeks

Please contact AToM to find out more.

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04/05/2016 - Precise launch products

Precise Mortgages have made some important changes to their product range:

Residential:
- Rates from 3.19%.
- 6-year fixed rates decreased by
- 0.30% and a zero product fee option introduced.
- 6-year fixed rates start from 3.79% and offer customer the chance to secure the loans they want or need if they are struggling with affordability on shorter term rates. These changes make these products even more attractive.

Remortgage range introduced with a zero product fee, refund of valuation and free remortgage legal service.

Semi-exclusive cashback range refreshed to offer 2-year fixed rates in place of 2-year trackers.

New Help to Buy products with higher levels of allowable adverse equivalent to tiers 7/8.

Tier 7 score cut-off revised - opens products which allow up to 5 defaults to a greater number of customers.

Maximum term increased to 35 years. This helps customers with their affordability and can be combined with our six year fixed rates to give an even greater chance they will get the loan they need. This criteria is also available on Help to Buy.

Inherited properties now have no minimum ownership period requirements providing probate being granted before application.

Fixed rate end dates extended to 31st July.

Buy to Let

New LTV tier, products now available at 75% LTV to a maximum loan of £750,000.

5 year fixed products reduced by 0.10%, with revert rate reduced to 4.00% from 5.00%.

HMO products reduced by up to rates start from 3.99%.

Limited Company products reduced by up to 0.26%, rates start from 3.99%.

Inherited properties now have nominimum ownership period requirements providing probate being granted before application.

Fixed rate end dates extended to 31st July.

REMEMBER - No packaging fee charged with Precise products via AToM.

To find out more, please call AToM

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03/05/2016 - LLPs now acceptable

Kent Reliance will now allow a BTL in a Limited Liability Partnership.

They will treat this in the same was as a Limited Company.

Please contact AToM to find out more, or to speak to our onsite Lender underwriter (Tuesdays and Thursdays).

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28/04/2016 - AToM to launch with TML

Dale Jannels, AToM managing director said "The market for specialist mortgages is evolving and it is great to see a new entrant with the heritage and experience of The Mortgage Lender team."

"By partnering with The Mortgage Lender we will be able to offer a wider range of products to our customers at prices that are closer to the High Street than is currently available." 

The new lender has unveiled a product range which included 2 year trackers from 2.19% and 2 year fixes from 2.41% this year, while its offering caters for the self-employed and those with impaired credit. 

More to follow..

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28/04/2016 - Bluestone Lower Rates

Bluestone have reduced some rates by up to 1.22% on Clear, AAA, AA ranges - rates from 4.56%.

The Bankruptcy or IVA ranges have now sold out but will back in stock soon!

Call AToM to find out more!

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26/04/2016 - Precise withdraw rates

Tuesday 3rd May 2016 at 8pm, Precise Mortgages will be withdrawing all of their buy to let and residential mortgage products. Replacement products will be available from Wednesday 4th May 2016.

To secure a product from the current range AToM must fully submit your application by 8pm on Tuesday 3rd May 2016.

Please contact AToM asap to progress your application.

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15/04/2016 - AToM add Kensington

AToM (All Types of Mortgages Ltd), the Specialist Mortgage Packager/Distributor, is delighted to announce a new relationship with Kensington Mortgages.

Steve Griffiths, Head of Sales and Distribution, Kensington Mortgages added " Specialist distributors like AToM provide an important service for brokers who are looking for a simple way of sourcing and placing their more complex cases. This is a really important partnership for us and we are looking forward to working together to promote our core range, 90% LTV product and future proposition developments. There is plenty of opportunity out there to provide more options for brokers and their clients and this is the start of a very exciting journey."

Product highlights include, Rates from 4.89%:  no credit scoring: specialist products for Self Employed: 100% Bonus acceptable for Employed : Completion Fee Free products : Free valuation and free legals on some products.  Available in England & Wales.

Please call the AToM sales team to find out more or to submit an enquiry.

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13/04/2016 - ExPat Self Employed

AToM are pleased to announce that UK Expat self-employed applicants can now be considered for Buy-To-Let mortgages.

Self employed applicants will need to evidence that annual income is in excess of £60k pa sterling/£75k pa currency equivalent. Two years accounts will be required and an average figure will be taken. However, if the second year’s income figure is lower than the previous year’s income figure, the latter figure will be used for the mortgage application

To verify self employed income, the lenders accountants certificate will be required to be completed by one of the 13 leading accountancy firms, as dictated by the lender.

Please call the AToM team to find out more.

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12/04/2016 - FHL offer Day 1 Remo

For a limited time, Foundation Home Loans will offer day 1 remortgages, where the existing property has been purchased for cash in order to complete before the 1st April 2016 SDLT and will be considered on a case-by-case basis subject to satisfactory evidence being as to source of purchase funds.

Also, remember that FHL still offer their 5 year fixed rate at 4.39% to £500,000 using the pay rate as the stress rate for rental yield.

Call the AToM team to discuss an enquiry further.

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07/04/2016 - National Counties Onsite

Cammy Amaira, Head of Intermediary Sales at National Counties Building Society will be onsite today to discuss enquiries and take calls.

Remember, AToM have two exclusives with NCBS:

BUY TO LET - 3.89% three year fixed. Manual Assessment. 

- Application fee payable (£175 plus valuation fee)
- £945 product fee for applications up to and including £500,000 and 0.30% of the advance for applications above £500,000, payable when the mortgage starts
- Loans available for remortgage or purchase of buy to let property up to 65% LTV

RESIDENTIAL - 3.49% three year fixed. Manual Assessment. 
- Application fee payable (£175 plus valuation fee)
- £945 product fee for applications up to and including £500,000 and 0.30% of the advance for applications above £500,000, payable when the mortgage starts
- Loans available for remortgage or purchase of buy to let property up to 80% LTV

Please call the AToM team to find out more or to speak with Cammy!

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09/02/2016 - Precise Product Withdrawal

Please be aware that Precise Mortgages are going to be making the following changes to the BTL range with immediate effect from Tuesday 9th Feb at 8pm.

All BTL exclusive products are going to be withdrawn.

All core 5 year fixed BTL products will have the revert rate increased to 5% and the fee increased to 2%

All applications will need to be in by 8pm on Tuesday 9th Feb. 

Please contact AToM asap for any questions, 

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05/02/2016 - Dudley remove ExPat range

In preparation for potential market turbulence as a result of MCD, Dudley are temporarily removing their ExPat products. They will return to the marker once they are able to accurately assess likely levels of demand for their products. 

Products BLX01 and REX01 will be removed from their range as of 5th February 2016. 

Any pipeline cases will be honoured up to two weeks after the 5th February 2016

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