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AToM launches Precise near prime range ‎

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  • 09/07/2012
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AToM launches Precise near prime range ‎
AToM (All Types of Mortgages) has launched a range of semi-exclusive near prime buy-to-let products from Precise Mortgages.

The packager exclusives are aimed at the near prime residential market with some options allowing defaults, CCJs and missed mortgage payments.

Options also include a refund of valuation costs and £250 cash back.

Dale Jannels (pictured), managing director at AToM said: “We have worked closely with Precise Mortgages for some months and they certainly are a lender who listens and are at the forefront of product innovation.

“These near prime fixed rate products are a good offering and cater for defaults, CCJs and also recent missed mortgage payments. We’re seeing a huge increase in this sector of the market, so these products are aptly timed.”

The deals are available up to 75% LTV, with arrangement fees from £1,495 to £2,495 – which can be added, a maximum loan up to £300k and early repayment charges in fixed rate period only. Normal valuation and legal fees apply.

Roger Morris, Precise mortgages sales director added: “We continue to listen and support the intermediary market, and we hope that the new products will help brokerS service good customers who may have a slight blip on their credit profile.”

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