AToM 4 You

Bank of China have today increased their LTVs:

- Residentials now up to 80% LTV (rate 2.80% LT Tracker)
- Buy to Let now up to 75% LTV (rate 3.88% LT Tracker)
- Commercials now up to 70% LTV (rate 4.00% LT Tracker)

We can assist with Expats, Ltd Companies, First Time Buyers, Offshore Companies, some Foreign Nationals, Flats above shops and more.

Repayment only.
KFIs only available via the sourcing systems.

For more information, please contact us.

For a dip form - PLEASE CLICK HERE   

Platform will be withdrawing the following products with effect from 5pm Friday 3 September:

Core Buy to Let 3 year fixed (until 31 October 2012)

5.29% - 60% LTV, 5.69% - 65% LTV, 5.89% - 70% LTV
Arrangement fee - 1.99%

We will be launching new core Buy to Let products with effect from Monday 6 September:

2 year fixed (until 31 October 2012)
4 year fixed (until 31 October 2014)    

We are aware that BM Solutions will be making product changes Sunday 22/8/10 and will withdraw the option for FTBs to have a Buy to Let.

If you would like to secure applications on the Buy to Let range for First Time Buyers:

Please ensure all DIPs are completed via AToM by Saturday 21/8/10 MIDDAY
DIPS can be submitted via the AToM website, MBL, Trigold or faxed to 0845 40 40 350.
We understand that DIPS will need to be converted to full applications by Saturday 21/8/10 - 4pm (we're open 10-4pm on Saturdays!).
Please submit full applications ASAP in order for us to meet deadlines.

To complete an AToM DIP - CLICK HERE    

The Hanley Economic Building Society has launched a 3 year fixed rate mortgage via AToM.

Key features include:

- 3.99% Initial Pay Rate until 30/11/2013
- £699 arrangement fee and £100 upfront booking fee
- up to 80% and £500k, purchase or remortgage
- Legal fees paid up to £250 on remortgages or £250 cashback on purchases
- NO CREDIT SCORING - client will be manually searched
- proc fee 0.30%

To request a KFI, DIP or submit an application CLICK HERE TO VISIT THE HANLEY WEBSITE

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password: granville600

Also available - 3 year discount with initial rate of 2.85%. Log in to the Hanley website for full details   

Platform will be withdrawing the following products with effect from Thursday 19 August:

Buy to Let 2 Year fixed rate

60% LTV - 5.09%, 65% LTV - 5.49%, 70% LTV - 5.69%
Arrangement fee - 1.99%

Pipeline deadlines - Clickdecision and kfis
All products will be withdrawn from our website and all sourcing systems at 5pm Thursday 19 August   

We can now offer lifetime tracker rates on Residential, Buy to Let and Commercial finance starting from 2.80%, 3.88% and 4% respectively.

NOTE - KFIs available via Trigold or Mortgage Brain only.

For product criteria - PLEASE CLICK HERE

For a dip form - PLEASE CLICK HERE   

igroup release their new and revised products:

- LTV increased to 80% LTV on LVM0 and LTM1 products (75% Interest Only)
- New LTM2 product up to 80% LTV (75% Interest Only)
- GEM1 LTV increased to 75% LTV
- Fixed rates from 4.09%
- New GEM3 product
- Lifetime Tracker launched
- 5 Year Fixed Rate launched
- FTB acceptable
- Employed Only

Remember, AToM pay 0.35% on igroup residential mortgage products.

To review the new product guide - CLICK HERE
   

- 1 year discounted plans from 3.49% being withdrawn.
- 3.99% 2 year fixed rate going up.
- 60% LTV 3 yr fixed rate going up.

DIP NEEDED BY 4.30PM TODAY - DIP NOW

- Cases to be fully packaged and submitted by AToM to igroup by 20/8/10
- Cases to be offered by 10/9/10

REMEMBER, we do not charge ANY OTHER FEES on igroup cases apart from our very competitive val/app fees. Click Here for Val Fees

To review the current product guide - CLICK HERE
To review the new product guide (launching 6/8/10) - CLICK HERE    

igroup have today released details of their new and revised products, due for launch on Friday (6/8/10).

KEY HIGHLIGHTS include -

- LTV increased to 80% LTV on LVM0 and LTM1 products (75% Interest Only)
- New LTM2 product up to 80% LTV (75% Interest Only)
- GEM1 LTV increased to 75% LTV
- Fixed rates from 4.09%
- New GEM3 product
- Lifetime Tracker launched
- 5 Year Fixed Rate launched
- FTB acceptable
- Employed Only

Remember, AToM pay 0.35% on igroup residential mortgage products.

To review the new product guide - CLICK HERE

PIPELINE Products -

Including:
- Removal of discounted plans
- 3.99% fixed rates at 60% increasing by 0.1% to 4.09% including FTB plans

If you wish to secure any rates in the current range, AToM will need to complete a DIP with the lender online by 5pm Thursday 5/8/10. Therefore, AToM will need to be in receipt of DIPS by 4pm Thursday 5/8/10. AToM will need to submit fully packaged applications to igroup by 20/8/10 with offers being produced by 10/9/10. There will be no exception to these rules.
   

It's your last chance to rate the providers you do business with. The Financial Adviser Service Awards 2010 voting period ends on Friday 30th July. These awards have, over the past 20 years, established themselves as the benchmark for provider service levels in our industry.

In 2009, we were awarded 3 stars, an improvement on 2008. We'd like to go one step further in 2010, so we would be really grateful if you could vote for AToM. To vote - CLICK HERE    

Cheshire Mortgage Corporation:
- LTV increased to 75% (available with 1 demerit)
- Rates reduced on all plans now from 9.5%
- All property types accepted including standard and non-standard construction properties.
- Demerit criteria enhanced
- Mortgages from £10,000 - £200,000 plus
- Max Loan and Max LTV on Valuation Bypass Schemes increased
- Minimum acceptable income thresholds increased
- Commission amended
- Discounted rates not available

To see the product guide, CLICK HERE    

AToM are delighted to be appointed to the Bank of China approved distribution panel.

We can now offer lifetime tracker rates on Residential, Buy to Let and Commercial finance starting from 2.80%, 3.88% and 4% respectively.

NOTE - KFIs available via Trigold or Mortgage Brain only.

For product criteria - PLEASE CLICK HERE

For a dip form - PLEASE CLICK HERE   

The Hanley Economic Building Society has launched a 5 year capped rate discount mortgage via AToM.

Key features include:

- 3.09% Initial Pay Rate
- 2.10% discount until 31/8/2015
- Guaranteed not to exceed 5.99%
- £899 arrangement fee and £100 upfront booking fee
- up to 75% and £500k, purchase or remortgage
- Legal fees paid up to £250 on remortgages
- proc fee 0.30%

To request a KFI, DIP or submit an application CLICK HERE TO VISIT THE HANLEY WEBSITE

username: atom
password: granville600   

From Wednesday 14 July 2010 TMW will be updating selected products across their Buy to Let and Prime residential ranges as follows:
Rates reduced on all 2 year fixed Let to Buy products
Introduction of 0.50% fee on TMW Prime Lifetime Variable product

Rates increased on selected Buy to Let, Let to Buy and Prime residential products

Withdrawal of Let to Buy and Buy to Let products listed below

Product Withdrawals
3.24% (BBR+2.74%) Buy to Let 1 year tracker, 60% LTV, 3.50% fee (B07407)
3.44% (BBR+2.94%) Buy to Let 1 year tracker, 70% LTV, 3.50% fee (B07408)
4.99% Buy to Let Lifetime Variable rate, 70% LTV, £1,999 fee (B08003)
3.39% Let to Buy 1 year fixed, 70% LTV, 3.50% fee (LB0106)
4.99% Let to Buy Lifetime Variable rate, 70% LTV, £2,499 fee (LB0802)

Securing current products

If you would like to secure any of the current products, please ensure that any DIPs are completed by AToM by 12 noon Tuesday 13 July 2010. Any DIPs must be progressed to full mortgage application by 8.00pm Tuesday 13 July 2010.Please note that faxed DIPs will not be accepted.

Paper applications, where applicable, must be postmarked by us up to Tuesday 13 July 2010. There is no booking system in place for these products.   

We are delighted to announce that AToM won a British Mortgage Award at the 2010 awards ceremony held in London on Tuesday.

See the VIDEO - Page 31 - CLICK HERE

Dale Jannels, Director, AToM, was awarded Business Leader, Specialist Distribution.

Jannels commented "I'm elated to win this award, it was a real surprise. I'd like to thank everyone who has voted for me and I dedicate this to the exceptional team we have at AToM. Without their hard work and commitment, we would not be where we are today."

Sir Geoff Hirst MBE presented the award along with Mortgage Solutions Editor Vicky Hartley -   Click here
 

Platform recently have changed the accessibility of their Almost Prime products.

AToM are delighted to be able these products to Appointed Representatives of Sesame, Mortgage Intelligence, Mortgage Next and Personal Touch FS.

As a packager, the £140 administration fee does not apply for cases submitted via AToM. We have also reduced our admin fee and as a result, the customer will be £70 better off if their application is submitted to AToM against going direct to the lender.

** Simply select 'submit to packager' once you've completed a DIP on the Platform website, and select AToM.**

Please contact us for more information or download the product guide by clicking here.    

From Friday 2 July 2010 TMW will be making some small changes to their Buy to Let range.

New product available
- 5.64% 2 year fixed rate, 75% LTV, 2.50% fee (B02771)

Product updates
- 3 year fixed rate reduced to 5.49%, 80% LTV with 3.00% fee (B03392)
- 2 year further advance fixed rate increased to 6.49%, 70% LTV with £399 fee (B02772)
- Fee increased to 3.00% on 4.99% 1 year fixed rate, 80% LTV (B01150)
- Fee increased to 2.00% on 5.99% 1 year fixed rate, 80% LTV (B01151)

Product Withdrawal
- 4.99% (BBR+4.49%) 1 year tracker, 80% LTV, 2.50% fee (B07410) - please ensure that any DIPs are completed by 12 noon Thursday 1 July 2010, progressed to full mortgage application by 8.00pm Thursday 1 July 2010.    

AToM are open on Saturdays from 10am to 4pm.

Dale Jannels, Director, AToM commented "As business levels increase once more, we are delgihted to be open for business on Saturdays. Many of our Estate Agent and Mortgage Broker introducers are open on Saturdays, so it's only right we are on-call to offer assistance for specialist and complex enquiries that need placing."   

Criteria - Maximum LTV now 75% (subject to plan)
Rates / Fees - Reversionary Rates reduced by up to 0.50%
Completion Fees - now £995, £1295 and £1495 dependant on product and LTV.
First Time Buyers accepted!

...AND AToM pay a 0.35% proc.

For more information, please view the new product guide by Clicking HERE .   

AToM are delighted to be added to The Mortgage Alliance (TMA) approved packager panel to offer Packaging, Commmercial Finance and Complex Prime to all their members.   

The Hanley Economic Building Society is offering an exclusive fees free remortgage via AToM at 3.59%:

- 75% LTV
- 1.6% discount from SVR for two years
- free valuation up to £250k
- free legals up to £250

To obtain a DIP or KFI, please log on to HANLEY WEBSITE and use:

LOG IN - atom
Password - granville600
   

The Hanley Economic Building Society will be withdrawing the AToM exclusive 3.35% 2 year fixed product at close of business Friday (11/6/10). It is unlikely to be replaced in the immediate future.

To obtain a DIP or KFI, please log on to HANLEY WEBSITE and use:

LOG IN - atom
Password - granville600

The 3.59% fee free discount remortgage is unchanged.   

The new Platform Product Range has now been launched.

AToM are delighted to announce that we are able to offer the new Almost Prime range of products to Appointed Representatives of Mortgage Intelligence/Mortgage Next, Personal Touch and Sesame.

Rates start at 5.64% fixed for 2 years and 6.04% fixed for 3 years (60% LTV) with 5.94% fixed for 2 years and 6.34% fixed for 3 years (65% LTV)

Products are available to First Time Buyers and for house purchase and remortgages.

Please call the AToM Sales Team for further details   

The Mortgage Works will be making some minor changes to its product range today. There are no changes to the 80% LTV Buy to Let product range. A number of Buy to Let and Light Refurbishment products will be withdrawn.

From 9am 29th May 2010 TMW will relaunch selected Buy to Let and Light Refurbishment products:

Buy to Let
B01142 - 3.39% 1yr fixed, 70% LTV, 3.50% fee
B07405 - 3.79% (BBR + 3.29%) 2yr tracker, 60% LTV, 3.50% fee
B07406 - 4.14% (BBR + 3.64%) 2yr tracker, 70% LTV, 3.50% fee
B03639 - 5.99% 3yr fixed Easy remortgage, 70% LTV, 3.35% fee, £150 booking fee

BTL Light Refurbishment
LR0114 - 4.49% 1yr fixed, 70% LTV, 3.50% fee
LR0222 - 5.49% 18mo fixed, 70% LTV, 3.50% fee
LR0223 - 5.99% 2yr fixed, 70% LTV, 3.50% fee
LR0224 - 6.49% 2yr fixed, 70% LTV, 2.50% fee
LR0720 - 4.49% (BBR+ 3.99%) 1yr tracker, 70% LTV, 3.50% fee

A new product guide will be available shortly.   

Platform will be withdrawing their Almost Prime product range with effect from 5pm Friday 28 May.

A new range of 2 year and 3 year fixed Almost Prime products will be launched via a number of selected business partners on Tuesday 1 June, to include ARs of Mortgage Intelligence, Personal Touch Financial Services and Sesame.

More to follow.   

We are delighted to announce that AToM has been shortlisted in the British
Mortgage Awards.

Thank you to everyone who voted for us, we really appreciate it. The winners will
be announced at the event on July 6th.

To see all the categories and shortlisted candidates click here    

BM Solutions will be making changes to two Buy to Let products tomorrow (Saturday 22nd May).

To prepare for this launch, the following products will be removed at 8pm tonight (Friday 21st May):

4.70% 1 Year Tracker Code: EDO
4.10% 2 Year Tracker Code: ECG   

AToM are pleased to announce an exclusive Commercial Finance product:

- Up to 55% of the land value or purchase price and 50% of build costs
- Experienced Builder only - CV needed
- Clean credit and provable income
- Rates from Base + 4%
- Lenders arrangement fee of 3% with no exit penalties
- Maximum term of 12 months with interest roll up available
- Build costs released in stage payments

For more information, please call our Commercial team on 0845 40 40 240   

TMWs new 80% LTV range includes fixed and tracker products starting from 4.69%, with a range of arrangement fee options aimed at meeting your clients' individual requirements.

Highlights of the 80% Buy to Let range include:

1 year fixed at 4.69% with a 2.50% arrangement fee
1 year tracker at 4.69% (BBR + 4.19%) with a 2.50% arrangement fee
18 month fixed at 5.49% with a 2.50% arrangement fee
2 year fixed at 5.99% with a 2.50% arrangement fee
3 year fixed at 5.99% with a 3.00% arrangement fee

For more information on the new 80% LTV range, see the latest Product Guide by clicking here    

TMW will be withdrawing the following 2 year Buy to Let fixed
products later today:
B02728 2 yr fixed at 4.79% up to 60% LTV (3.50% arrangement fee)
B02729 2 yr fixed at 5.19% up to 60% LTV (2.75% arrangement fee)
B02730 2 yr fixed at 5.79% up to 60% LTV (1.50% arrangement fee)
B02731 2 yr fixed at 5.19% up to 70% LTV (3.50% arrangement fee)
B02732 2 yr fixed at 5.69% up to 70% LTV (2.50% arrangement fee)

If you would like to secure any of the current products, please ensure that any DIPs
are completed via TMW Online by 3pm Friday 7th May 2010. Any DIPs must be progressed to full
mortgage application by 11pm Sunday 9th May 2010.   

igroup will be withdrawing their product range for the self employed at 5.30pm tonight.

Being withdrawn (and not replaced):
to 60% LTV - 4.64% discount, 4.94% 2yr fixed, 5.74% 3yr fixed
to 70% LTV - 5.89% discount, 5.99% 2yr fixed, 6.69% 3yr fixed

DIPS TO BE WITH AToM BY 4.30pm TODAY
Fully packaged deadline - 4/5/2010, Offered by deadline - 25/5/2010

To view the CURRENT range - Click HERE
To view the NEW RANGE live 20/4/2010 - Click HERE    

BMS are withdrawing the following BTL products today. Any applications for the following mortgage products need to be submitted to the lender in full by no later than 8pm today (16th April 2010)

EDU - 4.55% 1 Year Fixed
EDX - 5.00% 2 Year Fixed
EDZ - 5.39% 2 Year Fixed (remortgage only with refund of val up to £490)
EEB - 5.90% 2 year Fixed
EEE - 5.99% 5 year Fixed (remortgage only with refund of val up to £490)
ECP - 5.85% 1 year Tracker
All other products remain unchanged   

From Tuesday 20th April:

Criteria - Maximum LTV now 75% (subject to plan)
Rates / Fees - Reversionary Rates reduced by up to 0.50% and now 5% across all product sets
Completion Fees - now £995, £1295 and £1495 dependant on product and LTV
Introducing two new plans:

First Time Buyer (FTB0)

FTB Definition:
All applicant(s) that have not owned or had a mortgage in the last 12 months
- 75% Maximum LTV
- Initial rates starting from 3.49%
- Completion Fees from £1495
- Defaults / CCJs / Rental Arrears – 0 in last 24 months
- Minimum age - 21
- Proof required for all deposits
- Minimum Employed Income - £25,000
- Please note: Benefit income allowed for DTIR calculations where employed income is greater than £25,000
- CAIS / Payment Profile information considered

GEM2
- 70% Maximum LTV
- Initial rates starting from 4.64%
- Completion Fees from £1295
- CCJs – 1 in last 24 months (Maximum £1,000)
- Defaults - 1 in last 24 months; 0 in last 12 months
- Arrears – 0 in last 12 months and up to date

Three revised plans:

Plan Key Characteristics:
LVM0 - 75% Maximum LTV
LTM1 - 75% Maximum LTV - 1 Default in last 24 months (0 – 12 months - Maximum £500; 13 – 24 months – Maximum £1000)
GEM1 - no longer a Self-Employed plan
- 70% Maximum LTV
- Initial rates starting from 4.54%
- Completion Fees from £1295
- Defaults - 2 in last 24 months; 1 in last 12 months
(Maximum £1,000 or Unlimited if 13-24 months old)
- CCJs – 0 in last 24 months
- Arrears – 0 in last 12 months and up to date

Pipeline Arrangements:

The following rules will apply to managing pipeline business (SELF EMP APPLICANTS):

- DIPS TO BE DONE VIA AToM BY 4PM MONDAY 19th APRIL.
- Case to be submitted fully packaged by AToM by Monday 3rd May.

There will be no exception to these rules.

For more information, please view the new product guide by Clicking HERE .   

Selected Buy to Let fixed rate products reduced

3 year Buy to Let fixed rate products reduced by 0.35%
5 year Buy to Let fixed rate product reduced by 0.20%
   

BM Solutions are withdrawing Mainstream products this afternoon.

The deadline for fully submitted online applications will be 8pm tonight.

Products affected are:

3.79% 2 Year Tracker Code: AVA
4.89% 2 Year Tracker Code: AVB
3.79% 2 Year Tracker Code: AVC
5.09% 3 Year Fixed Code: AVQ
6.09% 5 Year Fixed Code: AVR
5.29% 3 Year Fixed Code: AVS
6.19% 5 Year Fixed Code: AVT

THERE ARE NO REPLACEMENT DETAILS for these products and it appears that the only mainstream product remaining will be the 7.39% 5 year fixed.

Please contact AToM asap with full applications for submission on the products affected.   

LVM0 and LTM1 ranges
igroup have reduced their initial rates by up to 1.00% and reversionary rates by up to 0.75%:

Initial rates starting from:
- 3.49% 1 year Discount
- 3.99% 2 year Fixed
- 4.69% 3 year Fixed
Reversionary rates starting from 5.50%

If you have not used the IDOL system to create a KFI, then when AToM send in the fully packaged case, igroup will automatically process the case on the new lower rates. If you have used IDOL to create a KFI, you will need to get AToM to redip the case to get the new lower rates.

GEM 1 range
Please note as of Friday 19th March 2010 initial and reversionary rates on the GEM1 plan are increasing. Therefore, if you have sold a case on GEM1 and want to retain the lower rates, you must ensure the case is submitted to AToM asap and we will need to get the fully packaged case to igroup by 01/04/10.

TO DOWNLOAD THE NEW PRODUCT GUIDE PLEASE CLICK HERE   

AToM is delighted to have been selected as one of a few Key Partners to distribute the range of products available from Drawbridge Finance.

These include Residential and Commercial Bridging, HMOS and Refurbishment Loans.

To find out more, please CLICK HERE    

Mortgage Intelligence Holdings has launched AToM complex prime onto its panel for all members of Mortgage Intelligence and Mortgage Next.

AToM complex prime offers advisers an alternative route to placing business which may otherwise be declined due to lenders ‘credit scoring’ DIP systems. With funding from five lenders and deals available up to 75% LTV, AToM’s team of underwriters will make assessments based on the overall merit of an individual case.

Sally Laker, managing director of Mortgage Intelligence Holdings, says: “We’re delighted to be the very first networks and mortgage clubs to have access to AToM Complex Prime and are certain that our members will find real value in this offering.

“AToM will consider good, clean cases with justifiable income that would otherwise be declined at DIP stage, offering a much needed opportunity for advisers to get the deal through.

Maximising each and every piece of business is essential and if AToM can help place business that would otherwise be declined then it’s a win-win for advisers and their clients. I look forward to continuing to work closely with the AToM team and applaud them for their continued innovation in today’s market.”

AToM have a dedicated website for Mortgage Intelligence and Mortgage Next members at www.misps.co.uk   

BM Solutions will be refreshing their Buy to Let and House 2 House product ranges tomorrow (Tuesday 9th March 2010). This will include the extension of end dates on fixed products.
In order to prepare for this product change, a selection of their Buy to Let and House 2 House products will be removed.

Please ensure that all outstanding applications for these product schemes are submitted by 8pm tonight (Monday 8th March 2010).
   

WITHDRAWALS -
- Selected 1 year and 18 month Buy to Let products
- Cashback and subsidised valuation options withdrawn from the Buy to Let Easy Remortgage range

DIPS TO BE DONE BY 3PM via TMW Online, Tuesday 2nd March 2010.

OTHER PRODUCT CHANGES -
- 1 year, 18 month and 3 year Buy to Let rates lowered by up to 0.50%
- Introduction of £895 arrangement fee on 1 year and 18 month options
- 5 year fixed Buy to Let option at 5.99% (3.5% fee), up to 70% LTV. Available for purchases and remortgages
- The new Lifetime Variable Managed Rate product offers your clients an alternative to our main tracker range with ERCs for only 6 months
- First time landlords can now benefit from up to 70% LTV on selected Let to Buy products

For more information, please call us.   

In this weeks Mortgage Strategy - All Types of Mortgages' Dale Jannels with Boy George at the recent Mortgage Strategy Awards.

Submit a witty caption for the right hand photo and you will be automatically entered into Mortgage Strategys prize draw to win a super-stylish MontBlanc Rollerball pen. Remember, the funnier it is, the more likely you are to win. What are you waiting for?

Email only printable captions (by 3/3/10) to mortgage.strategy@centaur.co.uk
or to apply online go to www.MortgageStrategy.co.uk   

Changes to the new product guide include:

Buy to Let
2 year fixed rates from 5.69%
3 year fixed rates from 5.79%
Maximum LTV increased to 70% (65% for remortgages)

Please see our lenders literature page for the full product guide.   

AToM is delighted to announce they were awarded 'Best Specialist Distributor' at the prestigious Mortgage Strategy Awards on Wednesday night, held at the Grosvenor, Park Lane.

Dale Jannels, Director picked up the award on the night and commented "We are astounded to be picking up our second award in a week! The Mortgage Strategy awards are one of the most recognised awards in our industry and we are so grateful to our introducers and peers who voted for us. Diversification has been key to AToMs longevity and this award is justification that we appear to be getting things right and our offerings are attractive to our intermediary partners. We are incredibly grateful and proud!"

For the full list of Award Winners, please click here

Jannels picked up the award from Phil Rickards, Head of Sales for BM Solutions and Alun Cochrane, Comedian and star of 8 out of 10 cats. To see the picture,   Click here
 

AToM has been awarded "Best Mortgage Packager" by the MyIntroducer.com awards 2010.

MyIntroducer.com awards are the only financial services awards programme decided by the industry's vote only.

Dale Jannels, Director commented "We are thrilled to be voted the winner in this category and thank everyone who took the time to vote for AToM. We have a superb team at AToM and this is in recognition of their hard work."

To see the full list of winners, PLEASE CLICK HERE    

igroup have reduced initial rates by up to 0.90% and reversionary rates by 2.49% (effective 19/2/2010):

Initial rates starting from:
- 4.29% 1 year Discount
- 4.99% 2 year Fixed
- 5.49% 3 year Fixed

Reversionary rates starting from 6.00%

CLICK HERE TO SEE THE NEW PRODUCT GUIDE

Northern Ireland

With conditions remaining difficult in the UK mortgage market and in particular in Northern Ireland and the lack of opportunities to lend prudently, igroup have decided to cease lending in Northern Ireland from Friday 19th February 2010.

Please forward DIPS asap for cases in Northern Ireland.   

LTD CO. BUY TO LETS
The new TMW Limited Companies range is aimed at your clients who prefer to invest through a limited company. Your clients can benefit from up to 70% LTV on selected products including both fixed and tracker options.

HMOS
TMW has launched a new range catering for Landlords investing in Buy to Let Houses in Multiple Occupation (HMO).

Landlords can benefit from rental cover on a multi tenanted basis. The new TMW HMO range also offers your clients different options to meet their unique requirements with 1 year, 18 month and 2 year products available at up to 65% LTV. A Specialist Security valuation will be required for all TMW HMO applications.

click here to download the latest product guide   

Complex Prime is a growing market. AToM has successfully placed the following scenarios this week:

1) S/E Income £32,000 rental £6,900 & £30,000 from two unencumbered properties. Wishes to raise £200,000 on Interest Only for as long as possible. Aged 63. Asset rich.

2) Income from the following sources Disability Living Allowance x £3377 pa, Care Allowance x £2756 pa, Income Support x £12769 pa, Child Benefit x £1664. The benefits have been paid for the last 11 years. The clients are moving and a require a mortgage of £75k on a purchase price of £170k (44% LTV) with the equity coming from the sale of their current home.

3) Value £6-£7million, Current mortgage £2.5million. Looking for better rate than 4.84%. Long payment history of maintaining £2.5m loan. Problem with last years account not showing much profit. Draws Large Dividends.

And many many others..

If you have a case that is of a Complex Prime nature, please call us, or submit a DIP.   

With immediate effect, Platform will take into account any CCJs registered within the last 6 years and these can no longer exceed the sum of £500. No CCJs allowed in last 12 months.

Defaults are not allowed within the last 12 months and any prior are subject to normal credit scoring.   

Cherry is the essential portal for Mortgage and Financial intermedaries.

On their site, not only do they have a great forum for intermediaries, but they also provide a facility which enables you to leave feedback on any lender, network or packager that you deal with.

We'd be grateful if you would take a couple of minutes of your time to register your feedback (preferably positive!) on your experiences with AToM.

To register your feedback, please CLICK HERE

Thank you in advance.   

Recognising the importance of the purchase market, igroup are extending their offer term to 90 days for all purchase applications from the 3rd of February.

The offer term for remortgage applications will remain at 60 days.   

We now have four lenders signed up exclusively to the AToM Complex Prime proposition.

One lender has also allocated AToM a tranche of £10m for 2010.

Complex Prime is most definitely on the increase as the high street lenders 'tick box' credit scoring systems continue to cause frustration across the industry for declining seemingly straight forward applications.

AToM has always had a history for placing cases that do not fit the normal mould and Complex Prime is our way forward.

If you have cases that have been declined by the high street for no apparent reason (must be prime), or you have cases that need manual underwriting, please call us or complete a dip online. We have lenders who are willing to assist!   

It's a New Year and promises so much!

See the latest views and thoughts from the directors of AToM by CLICKING HERE

Please be patient as this will open in a pdf format.   

Over the coming weeks, we will be posting examples of cases that have been placed successfully on the AToM Complex Prime proposition. If you have any Prime cases that are in need of a manual review, please contact us.

RECENTLY PLACED EXAMPLE -

Family Trust wish to purchase property for daughter to live in. Daughter has special needs. Property value £170k. Mortgage required £50k. Trust formed to assist daughter. Trustees are parents with good income joining in as guarantors. Rate SVR at 4.54% with a fee of £1k.   

Thank you for your support and loyalty throughout 2009, it really is appreciated.

The directors and staff at AToM would like to wish you and your families a very Merry Christmas and Happy New Year.

To see our Christmas opening hours  Click here
 

AToM has always been renowned for dealing with complex cases. We are going down this road again. However we’re now also including those that don’t fit the high street, doesn’t fit the normal mould, or fails credit score for no apparent reason (they must be clean and full status).

We have three lenders (no, we’re not saying their names!) who will review on a bespoke basis. If the case is good, they will do the deal and offer a very competitive interest rate.

We’re going back to basics with lenders who have an appetite, so give us a call!   

We have just received the following from Cheshire:

"Cheshire Mortgage Corporation continues to experience greater than anticipated volumes of business as a result of Beacon’s decision to withdraw from the mortgage market. This is having an adverse affect on our service levels.

We endeavoured not to over commit our resources in November and decided to suspend some of the Cheshire Mortgage Corporation plans for a temporary period. As the anticipated volumes have already been exceeded, to manage the levels of business efficiently, with immediate effect we have decided to extend this suspension to all Self-employed applicants. Only clients that derive an income from employment, DSS benefits or pensions will be accepted, and only income from these sources will be accepted for the purposes of affordability.

Pipeline Business - Due to the sharp rise in business volumes the suspension of Self-employed applicant plans also applies to any current pipeline business which unfortunately we will not accept with immediate effect.

Pre-offer cases - Any pre-offer cases with Self-employed applicants will be declined, unless the clients can afford the mortgage based on employed, DSS benefit or pension income.

Post-offer - Any post-offer cases with Self-employed applicants will be reviewed over the next few days and you will be notified of a final decision."

For more information, please contact AToM on 0845 40 40 240   

TMW have reduced their rates on some buy to lets.

Key product changes:

- 1 year fixed rates from 3.29% up to 60% LTV and 3.79% up to 70% LTV(3.50% arrangement fee)
- 18 Month fixed rates from 4.19% up to 60% LTV and 4.59% up to 70% LTV (3.50% arrangement fee)
- 1 year tracker rate at 3.29% (BBR + 2.79%) up to 60% LTV and 3.74% (BBR + 3.24%) up to 70% LTV (3.50% arrangement fee)
- 1 year fixed Easy Remortgage option at 4.59% up to 70% LTV (3.35% arrangement fee and £150 booking fee)
- 18 month fixed Easy Remortgage option at 5.19% up to 70% LTV (3.35% arrangement fee and £150 booking fee)

Call the AToM team for more information, or do a DIP!
   

As lenders tighten criteria and cases become harder to place, carrying out numerous AIPs with various lenders can be damaging to your clients profile.

The quick solution to this is to get the client to obtain their own credit search at the outset. Experian offer a 30day free trial and the client can email you their full credit search in a pdf format. You can then forward this to AToM and we can assist in getting your client the mortgage to suit their requirements from day one.

Give your clients the link - www.atomltd.co.uk/experian.html    

UPDATE FROM CHESHIRE - As a result of Beacon’s understandable decision to withdraw, over the past few days we have had sizeable commitments of increased volumes, as I am sure you would expect. This will naturally have an adverse affect on our service levels and efficiencies.

As we endeavor to ensure we do not over commit our resources, after careful consideration, we have decided to suspend some of the Cheshire Mortgage Corporation plans for a temporary period, with immediate effect.

- The 6 & 8 Demerit Plans
- Customers with IVAs, Bankruptcies or in a Debt Management Plan
- Right to Buys
- The 50% LTV with 3 demerits Shared Ownership plan
- Single applicants who are self employed
- Family Occupied Buy to Lets and Semi-Commercial

Current pipeline business will be accepted; however from today onwards any new business produced on these plans will not be accepted until further notice.    

It was sad that Beacon shut their doors to new business last week, however we're ready to rise to the challenge of assisting with those cases that now require a new home.

With access to many lenders offering sub prime solutions or those who are willing to look at Complex scenarios, do give the AToM team a call to see what we can offer. Or submit a DIP online.   

AToM are delighted to be one of the few distributors offering the new IGroup products, launching on Wednesday.

Key features include:

- Rates from 4.99%
- Purchase or Remortgage
- 1 year discounts with 1 year only redemptions.

For more information, please view the product guide by Clicking HERE .   

We've received notification that Platform are pulling out of the self cert market with effect from this Friday (6/11/09).

DIPS need to be completed, by AToM, by 5pm this Friday (6/11/09).

These can be done by Trigold / MTE / or the AToM website.

Full applications to be submitted by AToM to Platform by 5pm Friday 13th November.

In order for us to meet these deadlines, please submit DIPS to AToM ASAP. Please forward full applications immediately after in order for us to ensure Valuation can be completed in time to meet the deadlines.

Please contact us on 0845 40 40 240.   

At last night's Mortgage Finance Gazette Awards, AToM was very proud to be awarded:

Excellence in Treating Customers Fairly – Non Lenders

Mortgage Finance Gazettes website - www.mfgonline.co.uk - stated:

The winner is mortgage packager AToM for maintaining good customer service to its broker clients during a difficult year. Nominations stated that AToM looks after its brokers and their clients, the company cares, and is always helpful and professional. On a practical level the paperwork is clear and understandable and they have a good range of products.

From all the team at AToM, thank you for voting for us - we really appreciate it.   

With Postal Strikes looking like they will take place on Thursday and Friday this week, we thought it best to advise you of how to submit business to AToM and minimise delays in processing your clients applications:

- Full DIPS & Apps via Trigold Crystal/ETC & MTE/The Key are available. Simply find the AToM Application Form and submit electronically.

- Fax applications to 0845 40 40 350

- Scan and email applications to service@atomltd.co.uk

We look forward to working with you and keeping disruptions to a minimum.   

We have noticed this morning of some news re the FSA banning a broker called Ayodele Olubunmi Thomas, a director and approved person of Atom Associates.

The last line of the release also states that 'Thomas also conducted business as Divine Mortgages, a trading name for Atom.'

For clarity - this individual and 'Atom associates' are IN NO WAY linked or have a relationship with AToM (All Types of Mortgages Ltd), Horsham.

Any questions, please contact Dale Jannels, Sales & Marketing Director, AToM on 0845 40 40 240.   

We've just been informed that TMW are pulling all their self cert products over the weekend.

TMW's self-cert range includes a two-year fixed rate deal at 6.74% with a 2.5% arrangement fee, a two-year fixed rate deal at 7.24% with a 1.5% arrangement fee, and a two-year fixed rate further advance at 6.99%.
These products will be withdrawn from the TMW systems at 8pm tonight, and there is no booking system in place for these products.   

AToM now has access to products available for HMOs, Ltd Company Buy to Lets and high level 2nd charge secured lending.

Please call for more information.   

As a key introducer to AToM (All Types of Mortgages Ltd), Trigold are happy to offer you a great deal on our award winning mortgage sourcing software Prospector AAA.

If you are not already a Prospector user we are offering you an unrestricted 60 day FREE trial and a special offer price of only £25 per month (usual price £29.95).*

And remember - you can move your clients over from your existing system and get the best sourcing system the market has to offer featuring

Whole of market sourcing with the option of including direct products
Newly upgraded E-Trading Centre with links to all the lenders on the system (and AToM of course!)
‘Near misses’ feature to help you source the deal you want
Added sourcing features including Shared ownership, multiple occupancy, multiple sourcing windows
New debt consolidation calculator
Enhanced remortgage analysis

To register your interest with AToM for a free trial of the system, please click here and include your full contact details and company name.

Try it and see!

*Proof of subscription to an alternative system may be required.   

A gentle reminder that AToM pays 0.46% on BM Solutions Buy to Lets.

You can even go direct, choose AToM as your payment route, and still receive 0.43%!

Speak to the AToM sales team on 0845 40 40 240   

Find out why AToM are one of the UKs leading mortgage packagers/distributors and how we can assist you and your clients.

To review our introducer pack - click here    

Having looked after your clients, have you had chance to think about yourself?

AToM doesn't just offer mortgages! We can also assist with other day to day expenses.

To find out more CLICK HERE   

Please note our new address:

AToM
AToM House
24 Carfax
Horsham
West Sussex
RH12 1EB   

Did you know you have the ability to access an ATOM DIP and Application form via the Mortgage Trading Exchange (MTE)? For those brokers who have completed a factfind within The Key, an MTE supported Point of Sale system, or Mortgage Brain and then sourced an AToM product, all this information is automatically available to pre-populate our DIP or Application form.

MTE offers you:

- The ability to make sales in your customers home or office, as its offline
- Electronic access to AToM products and underwriters
- The ability to send us cases other lenders have declined, utilising most of their data

PLEASE CLICK HERE TO BE REDIRECTED TO MTE
   

Speed of the essence?

We have this week received an enquiry via our website from an introducer, which offered in two days.

The lenders AIP was input and passed first time on day 1. The enquiry was then converted to a full application via information received from the introducer. The valuation was carried out later the same day and returned to the lender almost immediately. The lender then issued the offer on day 2.

When time is crucial, speak to the AToM team....

Turnarounds are subject to -
1)vendor availability for valuation
2)speed of information received from introducer
3)lender service standards (typically 24/48 hours)   

We would be grateful if you could spare 30 seconds to complete our survey. Click here   

AToM are pleased to announce that they have been awarded "Business of the Year" in the West Sussex County Times Business Awards 2008.  Click here
 

AToM are pleased to announce that they have been awarded the Financial Adviser Best Mortgage Packager 2008.  Click here
 

AToM are pleased to announce they have been awarded Mortgage Solutions Best Packager 2008 in their Online Technology Awards.

Thank you to everyone who voted for us, another great reason to use AToM!

To view the awards supplement click here. AToM can be found on page 15.