The product includes a completion fee of £1295 and a booking fee of £399, required upfront.
Early repayment charges are 3% in year one and 2% in year two; and the rental is calculated at 135% of pay rate.
Dale Jannels, managing director at AToM, said: “There are plenty of buy-to-let offerings in the 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 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.”
Carolyn Thornley-Yates, assistant manager for branches & development at Hinckley & Rugby, added: “We are very pleased to have established this new relationship with AToM and to have tailored an exclusive product that will hopefully prove popular in the buy-to-let market.
“We chose AToM as the distributor of this product as we have a shared ethos of treating customers as individuals, and we are confident that we will work well together to provide an efficient and personal service.”