AToM launches BTL exclusive with Hinckley & Rugby

AToM is offering a 3.99% two-year fixed buy-to-let exclusive product from the Hinckley & Rugby Building Society.

Dale Jannels, managing director of AToM, says: “The Hinckley & Rugby Building Society have delivered a truly competitive buy-to-let product for AToM to exclusively distribute. There are plenty of buy-to-let offerings in the current market, but this one has a reasonable arrangement fee compared to many others and it is not subject to credit scoring. 

’With a two- year fixed rate of just 3.99% and a manual underwriting review, we have no doubt consumers will like this offering.  Hinckley & Rugby have demonstrated a really positive outlook and we are excited to be working with them.”   

Product terms include a 3.99% fixed rate for two-years up to 65% LTV. A completion fee of £1295 is added to the loan within LTV.  A funds booking fee of £399 is required upfront.  ERC’s are 3% year one and 2% year two.  No credit scoring.  Rental calculated at 135% of pay rate.