View more on these topics

AToM to distribute Kensington’s 90% LTV self-cert

All Types of Mortgages, the mortgage distributor, has been selected by Kensington to distribute its 90% LTV self-cert mortgage.

AToM, retained as a packager/distributor by Kensington, after the lender substantially culled its packager panel, is delighted to be able to offer the new mortgage.

The 90% LTV self-cert rates start at 6.89%, with an arrangement fee of £1999.
Key features of the product include, no credit scoring, one day self- cert, no minimum trading period or employment period, available for self employed, employed and first-time buyers.

Applicants can declare their own income up to £250k, with no higher lending charges or extended tie-ins.

Dale Jannels, sales and marketing director, AToM says: “The mortgage market may have lost a significant number of products, but it is a myth that solutions are not available. Kensington has remained committed to both packagers and the brokers that they serve and this highly competitive self cert product is another good example of this.”

Recommended

Easier2move appoints first chairman

Easier2move has appointed Tracy Morshead as its first chairman.It follows his apppointment as chairman of Mortgage Brain.He joins E2M from Principality where he was managing director, before which he spent 10 years at Nationwide in a number of senior positions including divisional director of mortgages and insurance and divisional director of marketing.His new responsibilities will […]

BDS Mortgage Group guarantees proc fees

BDS Mortgage Group has guaranteed proc fee payments to all its directly authorised brokers, appointed representatives and satellite packagers.It says it can guarantee the payments thanks to financial backing from Skipton.Phil Jay, managing director at BDS, says: “We all know the industry is still dealing with the effects of the credit crunch and unfortunately it […]

Mortgage Times appoints Mayfair Bridging to panel

Mortgage Times has added Mayfair Bridging to its bridging finance panel.Mayfair Bridging is the sixth lender to join the panel.The Preston-based company launched on February 1 2008 and offers rates starting from 0.5% with no minimum term.Richard Stokes,director of product and lender development at Mortgage Times, says: “We pride ourself on offering choice for our […]

BDS partners with DB Associates

The BDS Mortgage Group’s network arm is partnering with DB Associates to expand its commercial mortgage offering.The partnership enables appointed representatives of BDS access to a comprehensive commercial lending package from DB Associates. ARs will benefit from extra earning potential, assistance with the case from application to completion and dedicated support in all aspects of […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]

Newsletter

News and expert analysis straight to your inbox

Sign up