You are here: Home - News -

Chorley BS has “appetite to increase mortgage lending”

by:
  • 13/04/2011
  • 0
Chorley BS has “appetite to increase mortgage lending”
Chorley Building Society said it plasn to increase its lending through intermediaries this year after its appointment to distributor AToM's panel.

Dale Jannels, sales & marketing director at AToM said: “Many high quality customers simply do not fit the high street ‘tick box’ mentality and require a manual approach to underwriting with lenders who do not credit score.

“Add to this a great product offering and Chorley look set to be a big name in this market. AToM has access to the full range of Chorley’s great intermediary products and we look forward to working closely with them.”

Chorley products, via AToM, include a variable rate residential mortgage option at 4.49%, up to 85% LTV, to a maximum of £1m.

The product carries a £995 arrangement fee, allows a term of up to 40 years and is available to first-time buyers.

Stephen Penlington, chief executive of Chorley Building Society added: “Chorley has an appetite to increase its mortgage lending in 2011 and support the intermediary sector. Like all mutual lenders we want to maintain our high quality of lending and service so a partnership with AToM fitted perfectly.”

There are 0 Comment(s)

You may also be interested in